March 20th, 2009
04:59 PM ET
13 years ago

Obama's budget a 'threat to the nation,' says McCain

[cnn-photo-caption image= caption="Sen. John McCain blasted President Obama's budget in a statement released Friday."](CNN) - Arizona Sen. John McCain had some harsh words for President Obama's budget, warning in a statement released Friday that the president's proposal is a "threat to the nation."

"The Congressional Budget Office report proves that the administration has indeed engaged in a policy of generational theft," said McCain. "The CBO numbers show the reality of the fundamentally flawed assumptions of the president's budget and make clear what it really is: a risky, debt-ridden threat to the nation."

The former Republican presidential candidate's statement follows CBO figures released Friday morning which estimate a deficit of $2.3 trillion higher than what the White House predicted last month. The CBO forecasts almost $1 trillion worth of red ink per year over the next decade, totaling an estimated $9.3 trillion.

"This staggering deficit threatens our children's and grandchildren's future and simply cannot be sustained," McCain continued. "If the administration had learned anything in the last week, I would have hoped that it was that the American people deserve an honest accounting of what they're paying for. The profligate spending spree the Congress and administration has been engaged in must be controlled. I call on my colleagues on both sides of the aisle to chart a different course toward real change and fiscal responsibility."

Filed under: John McCain • President Obama
soundoff (143 Responses)
  1. Tristan

    He still alive? Anyone care?

    March 20, 2009 05:04 pm at 5:04 pm |
  2. Enlightened Voter

    Oh, ok so the 1.2 trillion dollar budget he inherited from bush and you rethuglicans was okay john?? God, you rethuglicans are disgusting with your hypocrisy. Where was your criticism rethugs when bush bankrupted this country, lied to us about war and shredded the constitution?????

    March 20, 2009 05:04 pm at 5:04 pm |
  3. Buckeye

    Thank God and the wisdom of the American people that McCain lost.

    March 20, 2009 05:04 pm at 5:04 pm |
  4. Rorschach

    You didn't seem too worried about the deficit from 2001 – 2008, McCain.

    March 20, 2009 05:05 pm at 5:05 pm |
  5. Lisa M. Bloom

    It's two wars and a Republican president who got us here, Senator.

    March 20, 2009 05:06 pm at 5:06 pm |
  6. jack

    McCain/Palin were a threat to our nation, and we voted you out! step aside, old man...

    March 20, 2009 05:06 pm at 5:06 pm |
  7. Mark in Atlanta

    Simmer down, old man. Take your pills and go see what your daughter thinks. She seems to have some sense.

    March 20, 2009 05:07 pm at 5:07 pm |
  8. diane ca

    McCain, I think the people are really getting tired of you. Why don't you retire and stay out of politics? You made such a fool out of yourself during the primaries. I am so tired of looking at your face as I did Liberman's. Get a life

    March 20, 2009 05:07 pm at 5:07 pm |
  9. Kerry in VA

    When the Gop comes up with some other ideas insted of doing nothing maybe someone would listen to them besides their bible thumping followers.

    March 20, 2009 05:07 pm at 5:07 pm |
  10. No Hillary = No Obama

    I voted for John McCain, someone who knows how to work for a living.

    March 20, 2009 05:08 pm at 5:08 pm |
  11. Steph

    Oh shut up!

    March 20, 2009 05:08 pm at 5:08 pm |
  12. Darko

    Just last year, Democrats were ranting about the possibility that we'd never recover from Bush's budget deficits and war spending and they've suddenly lost their tongues when Obama's will, at the very minimum, quadruple it.

    Simply amazing. Politics – Working as intended.

    March 20, 2009 05:08 pm at 5:08 pm |
  13. allie

    And Senator McCain offers -–? a better plan? A different course should be charted? Great, but what? I am still waiting to hear a better plan but all I hear is negativity and nothing projected that could be better.

    March 20, 2009 05:09 pm at 5:09 pm |
  14. katiec

    Where was Mccain when Bush and the republicans were spending like there was no tomorrow? And, the deficit THEY created do not even include the cost of the Iraq/Afghanistan war.
    Mccain, we realize what a ridiculous hypocrit you are and even you
    admitted you did not know anything econonmics.
    Just go away, Senator Mccain. We do not want to hear any more of your swiftboating.

    March 20, 2009 05:09 pm at 5:09 pm |
  15. Lesley Anne

    It's too bad that McCain supported the Bush economic policies that engaged in a policy of generational theft , otherwise he would have room to talk. I'm not buying this now.

    March 20, 2009 05:10 pm at 5:10 pm |
  16. Maryland

    Are you serious John McCain? Your fear tactic and war first mentality is a threat to the nation. You lost. When will that sink in?

    March 20, 2009 05:11 pm at 5:11 pm |
  17. Winston Smith

    At this point....McCain just seems like a angry and lost "foot soldier" from the Ronnie Raygun era.

    March 20, 2009 05:11 pm at 5:11 pm |
  18. Bill Williams

    Where have you been the past 8 years John? This problem didn't happen over night.

    Oh yeah, you were in Bush's POCKET.

    March 20, 2009 05:11 pm at 5:11 pm |
  19. JonDie

    Yawn. John McCain rubber-stamped EVERY record Bush deficit budget and supported Bush's practice of not counting the trillion dollars wasted in Iraq as actual deficit.

    March 20, 2009 05:11 pm at 5:11 pm |
  20. C W

    What blows me away is not only the idiocy of Geithner adding the provision in the TARP for AIG bonuses, but that the Republicans have absolutely no conscience regarding trying to turn this economic into a power-grab.

    Like McCain would have done anything different than Bush (tax cuts for the wealthy, in the hopes of failed tinkle-down, voodoo economics somehow creating jobs and stabilizing the economy).

    What we need is some intelligence – and some elected leaders who really understand the situation, especially the need to quit coddling the financial institutions and wealthy of this country.

    March 20, 2009 05:11 pm at 5:11 pm |
  21. Meka


    March 20, 2009 05:14 pm at 5:14 pm |
  22. Ken in NC

    The Obama Budget is not nearly as much of a threat to the nation as a McCain Presidency would have been.

    March 20, 2009 05:14 pm at 5:14 pm |
  23. Texas Teacher

    Who actually cares what McCain thinks! He voted in lock step with his man, Bush! And so he is as responsible for the mess we are in as that administration! As well, he lost! Obama won!

    Go find a rocking chair, McCain! Or better yet....just hide and watch... and see what a real president can do for this country! In the mean time, just be Quiet... for God's sake!

    March 20, 2009 05:14 pm at 5:14 pm |
  24. chris d

    This guy should be our President. Not the fake we have now. Obama has no political power period, and he is way over his head.

    March 20, 2009 05:15 pm at 5:15 pm |
  25. Sue, NY

    You, Mr. McCain need to go lost the election...Obama won and he won by running on exactly the budget you are talking about.
    Go away if you are not going to be productive.
    I'm so sick and tired of the politics being played by the media and politicians instead of working with the President in this HUGE mess.
    It amazes me how every one is so readily available to criticize but no one is willing to work together or come up with another solution.

    March 20, 2009 05:15 pm at 5:15 pm |
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