Drivers, Farmers, Workers, and Taxpayers Take Hit in President's Final Budget Request, Says Noem

Statement

Representative Kristi Noem today raised deep concerns over the President's final budget proposal, which increases costs for nearly every American.

"Whether it's his 25-cent-per-gallon gas tax to support a radical environmental agenda, his gutting of a critical safety net for farmers, or his complete disregard for solving our nation's debt crisis, President Obama has put forward a plan more focused on carving a political legacy than opening the door of opportunity for hardworking families," said Noem. "The good news is that it will never earn Congress' backing. We're aggressively working on a responsible alternative that builds a prosperous and healthy economy where every American can thrive."

President Obama's final budget proposal would increase spending by $2.5 trillion and raise taxes by $3.4 trillion over the next decade. Under this proposal, the national debt would be more than double what it was when the President took office.

Included in the proposal was a plan to impose a $10 tax on every barrel of oil, which would increase gas prices by as much as 25-cents per gallon. Additionally, he proposed reopening the bipartisan Farm Bill and dismantling critical risk-management tools.

Source