The White House, President George W. Bush Click to print this document

For Immediate Release
July 9, 2007

Setting the Record Straight: Democrats Are Proposing Billions in Unnecessary Government Spending
No Nation Has Ever Taxed And Spent Its Way To Prosperity

     Fact sheet In Focus: Economy
     Fact sheet Setting the Record Straight

"Democrats are at it again.  They want to fatten the upcoming Federal budget by $22 billion, saying it will have 'virtually no difference on the deficit.'  No difference except $205 billion in additional spending over the next five years.  No difference except the largest tax increase in history.  No difference other than taking more of your earnings, so you'll have to work longer to pay the bills.  The President won't stand for that.  He'll veto any bill that doesn't hold the line on spending and achieve his goal of balancing the budget in the next five years."

– White House Press Secretary Tony Snow, 7/9/07

Rep. David Obey (D-WI) claims additional spending proposed by the Democrats would have "virtually no difference on the deficit."  (Brendan Murray and Brian Faler, "Bush, Democrats Seek 'Very Big Fight' With Each Other On Budget," Bloomberg, 7/9/07)

The Democrats' Spending Proposals Are Significant And Excessive

The President's Agenda Will Help Keep America's Economy Strong, Flexible, And Dynamic

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