April 11th, 2009
11:06 AM ET
5 years ago

GOP: Budget creates 'mountains' of debt

(CNN) – Minnesota Gov. Tim Pawlenty charged that President Obama’s budget “creates mountains of new debt that will ultimately require higher taxes on all of us and our children.”

“I think that's wrong. Families are hurting now and small businesses can't create new jobs soon enough. Isn't it time we stopped working for the government and that government started working for us?” Pawlenty said in the weekly Republican address.

Noting that this isn’t a “Republican versus Democrat debate,” Pawlenty said he thought Obama’s proposals to eliminate capital gains for small businesses and lower taxes for the middle class were good ideas.

“But the budget that Congress is considering doesn't provide that tax relief,” the Republican governor said.

Pawlenty offered what he called a “novel ideal of the federal government.”

“Instead of collecting more taxes and then redistributing them through more federal programs, why don't you just let us keep more of our money in the first place?” he said.

“I urge President Obama and the Democrat-led Congress to let hardworking American families keep more of what they earn by cutting taxes and reining in spending. It's just common sense,” he added.

Full remarks after the jump

Transcript:

“Hi, I'm Tim Pawlenty, Governor of Minnesota.

“This weekend, my wife Mary and I are finishing up our tax returns – just like I'm sure many of you are.

“It's a time when a lot of us look at our family's finances and ask some pretty tough questions, like are we saving enough for our kids' college? Will we be able to retire at a normal age? And what might happen if the recession gets worse, like it has over the last 2 months, when over 1 million Americans lost their jobs?

“I know for a lot of folks, the answer to these questions are pretty grim these days. Nationwide, unemployment is at a 25-year high as companies lay off employees or go out of business altogether. It's at times like this when families – and businesses – feel a need to hold on to every dollar they can.

“But think about this: according to the non-partisan Tax Foundation, the average American has to work from January 1st until this Monday, April 13th just to earn enough money to pay all their taxes for the year – that's just two days before taxes are actually due, on April 15th.

“And then consider this: If the Democrat majority in Washington gets its way, most family's tax burdens will be even higher.

“Now this isn't a Republican versus Democrat debate. I thought President Obama's proposal to eliminate capital gains taxes for small businesses was a pretty good idea. And his pledge to lower taxes for middle class Americans was something Republicans whole heartedly supported.

“But the budget that Congress is considering doesn't provide that tax relief. And rather than eliminate capital gains taxes for small businesses immediately so they can create jobs right now, their budget keeps those taxes high until after President Obama's term in office. And most concerning, this budget creates mountains of new debt that will ultimately require higher taxes on all of us and our children.

“I think that's wrong. Families are hurting now and small businesses can't create new jobs soon enough.

“Isn't it time we stopped working for the government and that government started working for us?

“Here's a novel idea for the federal government: instead of collecting more taxes and then redistributing them through more federal programs, why don't you just let us keep more of our money in the first place?

“The federal government should keep a lid on taxes, control government spending, and borrow less – rather than increase the size and scope of the federal government so much that Washington is guaranteeing future tax increases. And while they're at it, they should also focus on making government work better, not making it bigger.

“It's time to prioritize spending, cut taxes to help families pay their bills and stimulate job creation. And let's get control of our national debt, so future generations aren't burdened with unbearable taxes.

“I urge President Obama and the Democrat-led Congress to let hardworking American families keep more of what they earn by cutting taxes and reining in spending. It's just common sense.

“I'm sure you will agree, especially on April 15th when your taxes are due.

“Thank you for listening and have a blessed Passover and Easter.”


Filed under: Tim Pawlenty
soundoff (157 Responses)
  1. Peter E

    If tax cuts are so great, why don't ANY of these governors do it within their own state? It's not just the federal government that imposes tax on us, you know!

    April 11, 2009 12:22 pm at 12:22 pm |
  2. Jim from MN

    Tax cuts to those that need it are fine. Those that need it are the poor, low income, and middle-low income. Those that don't need it are high and extremely-ridiculously high income earners. Because face it, everyone's taxes will need to go up at some point to get rid of the deficit. We don't need trickle down economics. Because it works too well, the super wealthy increase their wealth from the tax cuts, spend it, and by the time the wealth gets to the little guys it's only a trickle. The theory is named very appropriately.

    If Pawlenty keeps up the some old GOP story line I'll be looking forward to voting him out next election.

    April 11, 2009 12:24 pm at 12:24 pm |
  3. Mel of Alexandria

    Just another hypocrite who refuses to consider the facts of the last eight years, and the philosophy of the GOP whose major policy is to enable the rich to become richer. May the GOP remain the back woods of our political life for a very, very, very long time. In fact ,we need another party that will show interest in all the people.

    April 11, 2009 12:26 pm at 12:26 pm |
  4. Mia and Mike

    Why does the GOP think the country should always be run their way? Is he not aware that when his party was in power they spent even more on defense, borrowing and tax cuts for the rich??? Give me a break. THe new President wants to concentrate fiscal spending on much needed doemstic issues and the GOP wants to cry foul. Nobody's buying this line so they really need to give it up.

    April 11, 2009 12:28 pm at 12:28 pm |
  5. Jim

    When the Republicans were doing deficit spending they said that we will grow our economy to pay for them. The only thing G.W. did was grow the debt, give tax breaks to his wealthy friends, and saddle the middle class with all the debt. Republicans call the Democrats tax, and spend, well the Republicans are cut taxes, make the rich richer, and screw the lower classes.

    April 11, 2009 12:28 pm at 12:28 pm |
  6. Ray Fisher

    The President is simply playing catch-up for the years of the age of deceit during George II, it will cost in the short term but pay back with new energy and innovations in the long term!!!

    April 11, 2009 12:29 pm at 12:29 pm |
  7. Lynn

    I will give credibilty to these Republicans when they all cancel their "socialized" health care and go into the "free market" and pay for their own. They are out and out hypocrites!!

    When that their once best friend, Sec. Gares is trying to reduce wasteful spending they are now throwing him under the bus supporting useful, wasteful defense spending.

    Republicans continually play politics, smear and play the fear card while pretending to put America first. When were they ever concerned about average Americans.

    April 11, 2009 12:33 pm at 12:33 pm |
  8. Farrell, Houston, Tx

    Pawlenty means just leave things the way they've always been with the rich paying less. These guys don't care because when they leave office they will get all the free perks for them and their families and they are only protecting themselves.

    April 11, 2009 12:35 pm at 12:35 pm |
  9. Perusing-Through

    Same old lines . . . nothing to read here . . . every one move on.

    April 11, 2009 12:35 pm at 12:35 pm |
  10. Helen, NY

    Absolutely right. Barack has no sense of fiscal discipline. He got easy money during his campaign and now he is borrowing from everywhere. We can see that we will have hard times ahead and who is responsible? Barack Obama.

    April 11, 2009 12:36 pm at 12:36 pm |
  11. ed

    Ask any Coptic they will tell you the truth abouyt this mohammad guy. He was a defrocked Coptic monk, who after being forced out of the Coptic church went off and created his own religion – islam, he was fraud his religion is a sham and a cult

    April 11, 2009 12:36 pm at 12:36 pm |
  12. Roger

    your party had 6 of the last 8 years to take care of business but did nothing but get us into a major mess, since Obama got into office all you GOPers have done is whine growl about everything...I hope the members of your party that have any sense at all will leave your party & become democrats or independants....just say no to the party of NO...

    April 11, 2009 12:42 pm at 12:42 pm |
  13. Shame!

    I say start with the CEO's of this companies, that are making to much money from their thinking staff. Most of them don't give the employee's enough to survive on and they make millions doing nothing but having meetings that don't mount up to nothing. Seating their waiting on one of the employees to come up with better ideas to steal money from the consumer! Starting with these CC companies, ripping off the consumer by rising rates!

    How is it a CC company get's away with raising rates, and send your min due through the roof during these hard time. If you are not the founder of a company – you should not be making millions period.

    April 11, 2009 12:46 pm at 12:46 pm |
  14. Todd

    You Libs need to get off of your High Horse.

    Your party did just as much to cause this as any Republican – just as it voted just as much to send us to Iraq as the Rep's did.

    Nothing is going to change until we get people in government who will vote for what is actually RIGHT, not what will get them elected again down the road. But, hey....Don't see that happening any time soon, if ever!

    April 11, 2009 12:48 pm at 12:48 pm |
  15. Conrald56

    I am an independent but I think the Democrats are now the team to beat. I have looked closely to both policies. Permit me to say I have never seen the Republicans scared like this better. The truth is, Obama will serve two term, they know this. They are watching closely on the sideline for any error the Dem will commit. They will get few but not the knock ones. Obama is one of the most intelligent, smartest and most popular leader. He also have a great team and great fan base. They monitor the polls constantly and always thrive to keep it better. As an incumbent in 2012, he will be in a far better shape than he was in 2008. He wasn't good in debate but today he is great. He wasn't good at town hall meetings but even the Republicans are scared of him today. Imagine in 2012. I'm happy he cares for the middleclass. I am happy he cares for the world too. America is great but we couldn't have been great without the world. We are great because the rest of the world buys what we produce. Republicans take note. Even Joe the Plumber couldn't stop Obama winning in Ohio, then who will. Rebulicans are scared indeed.

    April 11, 2009 12:49 pm at 12:49 pm |
  16. Bill

    The party of no and trashing President Obama again big surprise right? My question to the news outlet why do you continue to give the party of no and trasing Presdent Obama the time of day. If the Republicans would really offer a plan great. However, the budget they wanted was another year of Bush polices. Question I thought this was decided in November 2008 election?

    However, a different face the same old crap from the Republicans!

    April 11, 2009 12:55 pm at 12:55 pm |
  17. ulricgilroy

    All of you people are not making ANY sense. You moan and whine about Bush putting us in large amounts of debt, but then make that a justification for Obama to triple it over the next ten years? And, so what if the Republicans are hypocritical? The Democrats are too. What do you think a politician is? A hypocrite. They'll say what they have to at the time to make themselves look good. They ALL do it. Wake up and get your heads out of your brain-washed partisan rear ends, because that is exactly where they want you! Stupid and not thinking for yourselves! I don't necessarily agree with Pawlenty, but at the same time looking at how much fun Congress has with spending trillions on the spot (especially on a huge pork-filled bill) and then seeing Obama want to just keep spending more and more. It makes me sick! I understand that sometimes you have to spend to get yourself out of recessions at times, but sometimes you can go too far! If you want him to keep blowing more and more money on pointless projects that won't even come close to making a dent in our economy, go for it, have fun, but 4 years from now you'll realize that huge programs like The Great Society don't work either.

    April 11, 2009 01:00 pm at 1:00 pm |
  18. Susan

    I don't know about anyone else, but our taxes are lower right now. We expected to be paying a couple of thousand (we don't let the government sit on our money) but we are getting a modest refund due to the AMT fix and other Obama fixes to the tax code.I think Palwenty, as a public servant, is misleading his flock. If there are fewer tax dollars, there are fewer services that benefit all of us. My town is looking at cutting trash pickup, closing parks, and closing schools, all due to the lower tax base right now. So if the government cuts things even more, guess what? We will either be living with fewer cops and firefighters, or paying for them through higher local taxes. Taxes are the dues we pay to live in a civilized society...does that mean Republicans want chaos?

    April 11, 2009 01:00 pm at 1:00 pm |
  19. Dexter Skagway

    Never mind the enormous mountains of debt the Rebublicans created during their reign. This is different debt, much worse than conservative debt because its LIBERAL debt. No hypocrisy here!

    Both parties are financially reckless. Conservatives used to champion fiscal responsibility, but Reagan and W were two of the worst deficit-builders in history. Both parties fail here.

    April 11, 2009 01:01 pm at 1:01 pm |
  20. stevetall

    Could the Republican tax policy ever work? Let's not be stupid again. If we don't give our government enough tax money to fund the things we demand from society (roads, cops, health, social security, etc.), we're being irresponsible. Poor people can't cover the cost themselves, so why shouldn't the more affluent pick up the tab? Afterall, we as a society allowed them to get richer than God in the first place, at our communal expense. Now we need them to pony up, but for some reason, all I hear is, "Waaa! Don't tax me. I don't want to pay taxes." Yeah, well Fudge You! Every one of those over-paid atheletes, Harvard-trained Wall Street criminals, and investment weasels should be happy to fix this mess. Or do we just legalize marijuana and let the hippies smoke us back to prosperity!

    By the way, why are so many people afraid of a budget that adds more debt? We as a country have been spending money we don't have like drunken sailors for so long, it shouldn't faze us. The Republicans spent the surplus that the Clinton administration left them, and a whole lot more. All I can say is, "Step up and hand it over or be eaten by ravens."

    April 11, 2009 01:01 pm at 1:01 pm |
  21. Donatella

    What these republicans don't get is this, NOBODY SAID ANYTHING IN THE LAST 8 YEARS! Why now are these fossils crawling out of the woodwork to complain now, maybe if they had of said no to Bush some of the time we would not be in this mess. Obama is doing what he feels is necessary to get us out of this situation, maybe we won't agree with all of his policies, but one thing is for sure at least he is helping us hardworking middle class. We had to watch for year while the rich got richer, no trickle coming our way, you can have all the tea parties you want but we the people support our President.

    April 11, 2009 01:02 pm at 1:02 pm |
  22. alvino

    Fed up- I never got a Bush tax rebate, as I made too much to qualify.

    However, I really enjoyed the extra money on this month's check. Thank you President Obama.

    Oh, I almost forgot, when you give away the entire surplus to the wealthy and then invade a country and start a long term war, that will have a devastating affect on the debt.

    April 11, 2009 01:10 pm at 1:10 pm |
  23. Ken

    It is fascinating to me that there are so many here who just do not get it. It does not matter if you are a family, community, state or nation – it is a really bad idea to spend money you do not have. If you are over your head in debt, how can you imagine that it will be a good idea to go even deeper into debt? I fail to see how it is a Republican or Democrat issue – though both of these parties FAIL when it comes to financial responsiblity with the tax payers money. Our leaders look more and more like a bad joke from a third world country, and our foolish voters keep sending them back. Go figure!

    April 11, 2009 01:11 pm at 1:11 pm |
  24. Anna, Missouri

    Are Republicans really as stupid as they seem to be these days? President Obama just passed the largest tax DECREASE in American history. It seems the Republicans don't understand that of those 95% of American workers that will receive that tax DECREASE, it includes most of the Republican voters. The talking heads of the Republican party just continue to be out of touch with the American public. The PUBLIC wants better schools, better, affordable healthcare, and our dependence of foreign oil to end. Even the tea bag idiots don't seem to understand that they are protesting the policies of the Bush administration, and that President Obama is trying to clean up the mess that 8 years of Repulican rule has left us.

    April 11, 2009 01:13 pm at 1:13 pm |
  25. alvino

    Do any of you wing nuts think that the increased debt under Obama was due to the mess and the 'cratering ' economy he inherited from #43? Hoover would have cut taxes and spending, while Obama is spending to create jobs.

    April 11, 2009 01:14 pm at 1:14 pm |
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