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Wednesday, April 13, 2011

postheadericon Presidentâs reversal on debt, entitlement reform

Washington, D.C. â€" U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Tuesday regarding the bipartisan funding bill, the President’s speech tomorrow on entitlement reform and the rising national debt:

As the Senate gets back to work this week, it’s worth noting that a sea of change appears to have taken place in Washington over the past few weeks.

Just two months ago, the President proposed a vision of government that ignored the fiscal crisis virtually everyone else in the country knows we need to address. And Democrats in Congress proposed that rather than cutting Washington spending, we instead raise taxes on oil and gas companies, who, as we know, would pass it along to American consumers in the form of higher gas prices, at a time when gas prices are double what they were two years ago.

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