Bill Flores called a Congressional Budget Office report
released last week "grim," blaming the "loyal support" of
Congressmen Chet Edwards for a 44 percent increase in the
federal budget.
Mr. Edwards would not comment.
He cited a prediction from CBO that total federal debt will
be 90 percent of the gross domestic product by the year
2020.
"Our current annual deficit is projected to be about 10
percent of annual GDP. To give you something to compare this
with, at the height of the Great Depression, our annual
feeral deficit was only 5 percent of GDP.
"If ever the American people needed an illustration of how
deep our deficit and debt problems are, this is it."
He furthermore blamed Mr. Edwards' support in the Pelosi
House of Representatives passing "two disastrous federal
budgets and the failed $862 billion stimulus bill ($75
billion higher than its original estimated cost) - the most
expensive legislation in our country's history."
He decried the additional $1.2 trillion added to the budget
by the Obamacare health reform package passed weekend before
last and pointed out that the unemployment rate is now
hovering at 10 percent.
If elected, he promises tax cuts,
* a freeze on the stimulus,
* repeal of Obamacare, and
* an across the board cut in federal spending.
"We need to look at every agency and program and determine
if it is Constitutionand and if it is effective. If not,
we must cut it...we must kill the earmark program in
Washington that wastes billions of taxpayer dollars."
In 30 years of private sector experience, said Mr. Flores,
"I have balanced more budgets, met more payrolls, and
borrowed and repaid more debt than my primary runoff
opponent and Chet waards combined."
Reached at his capitol hill office, Mr. Edwards' staff said
he was unavailable for comment.
Bill Flores called a Congressional Budget Office report
released last week "grim," blaming the "loyal support" of
Congressmen Chet Edwards for a 44 percent increase in the
federal budget.
Mr. Edwards would not comment.
He cited a prediction from CBO that total federal debt will
be 90 percent of the gross domestic product by the year
2020.
"Our current annual deficit is projected to be about 10
percent of annual GDP. To give you something to compare this
with, at the height of the Great Depression, our annual
feeral deficit was only 5 percent of GDP.
"If ever the American people needed an illustration of how
deep our deficit and debt problems are, this is it."
He furthermore blamed Mr. Edwards' support in the Pelosi
House of Representatives passing "two disastrous federal
budgets and the failed $862 billion stimulus bill ($75
billion higher than its original estimated cost) - the most
expensive legislation in our country's history."
He decried the additional $1.2 trillion added to the budget
by the Obamacare health reform package passed weekend before
last and pointed out that the unemployment rate is now
hovering at 10 percent.
If elected, he promises tax cuts,
* a freeze on the stimulus,
* repeal of Obamacare, and
* an across the board cut in federal spending.
"We need to look at every agency and program and determine
if it is Constitutionand and if it is effective. If not,
we must cut it...we must kill the earmark program in
Washington that wastes billions of taxpayer dollars."
In 30 years of private sector experience, said Mr. Flores,
"I have balanced more budgets, met more payrolls, and
borrowed and repaid more debt than my primary runoff
opponent and Chet waards combined."
Reached at his capitol hill office, Mr. Edwards' staff said
he was unavailable for comment.
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