Rep. Latta on Obama's Budget

Statement:

WASHINGTON- Congressman Bob Latta (R-Bowling Green), a member of the House Committee on the Budget, made the following statement regarding today’s proceedings:

“Now that the President’s outrageous spending plan has been revealed we must focus on massive cuts to the budget to bring this plan anywhere close to a reasonable dollar amount. This budget plan does nothing more than dump trillions of dollars on our future generations in debt payments so that we can fund new government programs right now. As we speak, families across the country are forced to make tough decisions with their personal finances and its time the federal government does the same. We simply cannot afford the plan the President has laid out,” Latta said today.

During today’s committee hearing, Congressman Latta offered an amendment to permanently repeal the estate tax.

“Permanently repealing the estate tax is an important step towards securing the financial security for our future generations. As it stands, the estate tax is an unnecessary and unfair way to punish the hard work and success built over a lifetime for families. Now more than ever, people need to be able to keep money in their pockets instead of sending it to Washington,” Latta commented after his amendment failed 13-23.

“We need to keep the government’s cold hand out of a warm grave,” Latta added.