Senate Majority Leader Harry Reid released a statement Wednesday in which he criticized the budget proposed by Congressional Republicans.
The Republicans proposed a budget in which they said they would undo the recent reckless and wasteful Democrat spending binge included in the so-called 'stimulus' and omnibus bills. In addition, Republicans would cut overall nondefense spending by reforming or eliminating a host of wasteful programs deemed ineffective by various government entities.
The Republican budget, however, has drawn its own share of criticism for not providing enough of the hard numbers that people were looking for.
The Democrats, meanwhile, developed their budget to attempt to cut back on some of the spending proposed by President Barack Obama's budget, such as removing $250 billion for a new round of bank bailouts.
This new version of the budget also cuts back on spending for nonmilitary programs from the 10% proposed in Obama's budget to 7%, saving roughly $160 billion.
It also removes Obama's middle-class tax cut of $400 for individuals earning $75,000 and $800 for couples with incomes up to $150,000 after 2010.
Further, while Obama's plan set aside $634 billion for health care charges over the next ten years, the budget proposed by Democrats does not provide a set amount for reforming health care.
If you like this recession, you'll love the Republican budget, Reid said in his statement Wednesday.
And if their plan sounds familiar, it's because it merely repeats the same mistakes of the past eight years - mistakes that have cost millions of Americans their jobs and plunged our nation into the worst economic crisis since the Great Depression.
While the Democratic budget invests in health care, education and energy, Reid continued, the Republican budget will take cops off the streets and eliminate needed transportation projects that create jobs.
He further added, While the Democratic budget cuts taxes for middle-class families, the Republican budget continues to give tax breaks disproportionately to multimillionaires and Big Oil companies.
Finally, Reid said, And while the Democratic budget is designed to help families keep their homes and get us out of this recession, the Republican budget will only make a bad situation worse.
What America needs now is a serious and responsible plan that invests in our future, cuts taxes for the middle class and cuts the Republican Deficit - which is exactly what the Democratic budget does, Reid said in closing his remarks.
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