Feb 02 2004

SHELBY REACTS TO PRESIDENT’S BUDGET PROPOSAL

U.S. Senator Richard Shelby (R-AL) had the following statement regarding President Bush’s budget proposal:

 

Sen. Shelby said, "I am extremely encouraged by the President's budget proposal and am pleased that he has limited growth in discretionary spending to four percent. I believe that the budget balances important measures by scaling back irresponsible spending, while investing resources in important national priorities such as healthcare, education and homeland security."

 

"I also share the President's strong commitment to fight and win the global war on terror, and I support the important spending increases he has proposed for national and homeland security. I am also encouraged by the President's unwavering efforts to encourage economic growth and job creation. I look forward to taking action to make the tax cuts passed last year permanent in order keep our country on the path to recovery."

 

"Finally, I support the President's proposal for a Budget Enforcement Act. I am a firm believer that dramatic deficit reduction is a must. However, I think that we should go one step further and pass a Balanced Budget Amendment to the Constitution. I am planning to introduce legislation that would do just that, because I believe that it is the only way we will ever be able to guarantee that the federal government will manage its resources responsibly,” Shelby concluded.