Washington, D.C. – Dean of the U.S. House of Representatives, John D. Dingell (D-MI15) issued the following statement today regarding President Obama’s fiscal year (FY) 2012 budget:
“Today the Obama Administration released the President’s FY 2012 budget. With unemployment hovering around nine percent and many Americans still struggling through this recession, President Obama has had to balance investments that will help our economy recover, while also committing to decreasing the federal deficit. It is clear that neither of these goals can be achieved overnight. While I do not agree with everything, today’s proposal will put us on the right path in both areas, while providing critical support for our families during these difficult times.
“The budget request proposes over $1 trillion in deficit reduction over the next ten years, representing an honest attempt to address unsustainable debt. The request also includes the investment necessary to continue moving our Nation forward, highlighting education, high speed rail, and wireless infrastructure. It is imperative that we continue to enhance our economic recovery and sustain our capacity to be able ‘out-innovate, out-educate, and out-build the rest of the world.’”
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