U.S. Senator Kelly Ayotte, a member of the Senate Budget Committee, released the following statement regarding President Obama's fiscal year 2016 budget request:
"Budgets reflect our nation's priorities, and unfortunately, President Obama's budget proposal sets the wrong ones. Under his plan, by 2021, our country would spend more on paying interest on our national debt than we spend on defending our nation. The president's budget is yet another tax-and-spend plan that calls for more than $2 trillion in tax increases and would add $8.5 trillion to our $18 trillion debt over the next decade.
"Instead of spending more money we don't have and burdening our children and grandchildren with more debt, we need a serious, fiscally responsible plan that reduces our skyrocketing debt, cuts wasteful and duplicative spending, prevents reckless cuts to our military, preserves and strengthens our retirement programs, and simplifies our tax code so that businesses in New Hampshire can grow, compete, and create jobs. I will work to advance those priorities as the Senate Budget Committee crafts its own budget resolution."