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. dan

    John, if it was up to you, your economic move would be to give the rich tax cuts. Which would increase the deficit at an even faster rate. (See the first 2 years of George W. Bush) Fortunately John, it isn't up to you. By the way, when was the last time you actually had something positive to say? Oh, I know. The day you told us all that the economy was sound while it was actually tanking.

    March 20, 2009 05:30 pm at 5:30 pm |
  2. James

    That is the truth! Big Government will be death of our Nation!

    March 20, 2009 05:30 pm at 5:30 pm |
  3. Bill Dwyer

    From the horses mouth, here stands the man who probably lost his bid for president because he put his campaign on hold to return to washington to personaly fix the economy after claiming just months before that the state of the economy was sound.... good grief, I think the GOP is under the impression that people will buy anything they spew, it's a daily mix of 'talking points' handed down through the party and no attempt at all to accept the majority of the blame for getting us here even if only becasue the GOP was in office the last 8 years. Grow a pair, nothing garners more respect than fessing up to the truth, get it over with or forget about the next election cycle.

    March 20, 2009 05:31 pm at 5:31 pm |
  4. McCain is still a LOSER

    And we care what this old fool thinks why????

    McCain has still not produced a single idea or solution during or after his campaign. He needs to retire to his rich, clueless world and let the real leaders handle the restoration of our nation.

    McCain is his own biggest disaster. He needs to shut up and get out of the way of the progress President Obama is achieving.

    Obama job approval rating = 68% overall
    Repubican job approval rating = 24% and falling

    Answer: The Republican Party is irrelevant and unneeded for America to succeed and return to prosperity, have great education standards, create affordable healthcare for ALL – not just the free government healthcare that all members of Congress get, and energy independence that will get us off of oil forever and secure our nation from Middle Eastern control.

    McCain is still a loser and still clueless and I have no idea why CNN keeps quoting the constant negative noise that he spews every time a TV camera is around. Please tune him out – Americans have!

    We are listening to our intelligent President who has done several outstanding town hall meetings that CNN has ignored. The crowds gave him standing ovations for the plans he is laying out. He just predicted yesterday that Republicans would attack his budget because it cuts all the PORK from Republican pockets. Republicans survive only from special interest money so they are going to scream and whine on Obama's budget that fufills education, healthcare, energy, and new job needs.

    We need to keep supporting President Obama and his programs that are working and just tune out the negative Republican noise that only clutters the airwaves with useless garbage.

    Follow NC's lead and vote out your Senators who have betrayed your state and your people- we can't wait to get rid of our useless Sen Richard Burr!

    March 20, 2009 05:31 pm at 5:31 pm |
  5. Los

    Yeah sorry but I just can't take McCain seriously. After all this is a guy who just last year was palling around with financial terrorists Phil "deregulate everything" Gramm and John "I deserve my $10,000,000 bonus" Thain.

    March 20, 2009 05:31 pm at 5:31 pm |
  6. Independent chicago man age 25


    March 20, 2009 05:31 pm at 5:31 pm |
  7. Amy

    Sen. McCain is acting like a sore loser. I really don't think the dollar amounts in the budget would be all that much different if he had won and listened to well-informed economists.

    All I hear from Republicans is reasons why Obama's plans won't work – never a serious alternative. I guess they really are the party of no – no ideas.

    March 20, 2009 05:31 pm at 5:31 pm |
  8. Wolf-Woman Palin Charlotte, NC

    Ever heard of an antique having anything new to say?

    March 20, 2009 05:32 pm at 5:32 pm |
  9. E-Man

    This message from the guy and the party that got us into this mess is most amusing. Where was he before when Bush tore through a surplus left to him by the Clinton Administration and created the biggest deficit in the history of our country ? This guy needs to shut his piehole and get out of the way so the adults can fix this problem the Republican children made. Why are they still the party of no ? Haven't they learned anything from the last election and what the people want ? NO,NO,NO... IRRELEVENCY fits them rather well !!!

    March 20, 2009 05:32 pm at 5:32 pm |
  10. Da Professor

    Does McCain's picture have a LOST look to it? The only threat to this nation was left behind when Bushy and Dicky left office.

    March 20, 2009 05:32 pm at 5:32 pm |
  11. sprkl12000

    WHO is this again???

    March 20, 2009 05:32 pm at 5:32 pm |
  12. Gordon

    The ONLY threat to this nation is a retard like you, McCain and that
    illiterate you had as your running mate...water does seek its own level,
    McCain, doesn't it?

    March 20, 2009 05:32 pm at 5:32 pm |
  13. The Last Patriot

    $9.3 trillion worth of debt will devastate the nation. Anyone with any economic sense knows that, it is not a partisan thing.

    March 20, 2009 05:33 pm at 5:33 pm |
  14. DazedAndConfused

    Wow, how amusing that the GOP talks about "threats to the nation" and continue to uphold the party's standards of sheer hypocricy...

    March 20, 2009 05:34 pm at 5:34 pm |
  15. Not right or left - Forward!

    What a crock! Everything Obama does is a threat to the nation if you ask John McCain, Dick Cheney or any other member of the losers club that opposed him last year. McCain is a threat to America in his efforts to thwart recovery from the financial debacle that harks back to the old days of the S&L scam that he participated in back in the day! Hey, big John, don't start acting like some economic guru again, or we'll remind you that you, yourself admited that you didn't know squat about economics – right about the time you said the American economy was fundamentally sound. Idiot!

    March 20, 2009 05:34 pm at 5:34 pm |
  16. McCain puts America First

    Thank you, Thank you, McCain for standing up to these folks. I am fearful of what is to come for my children and the generations to come. Please, folks wake up and really follow what Obama is proposing.

    Keep up the great work, John!!! 🙂

    March 20, 2009 05:35 pm at 5:35 pm |
  17. DT

    I guess he'll never get over the fact that he lost (Badly) so to pay Obama back he wants to criticize him at every turn...

    March 20, 2009 05:35 pm at 5:35 pm |
  18. hitobito

    John, where were you when we spend a trillion dollars on a war of choice in Iraq? And the total cost of the war for liberating Iraq is not yet over. The debt resulting from lax Republican oversight is what led us to the worse recession in our history. Where were you? Where were you on the S & L bailouts? On a plane to the Bahamas with your pal, Charles Keating of the failed Lincoln Savings and Loan?

    March 20, 2009 05:35 pm at 5:35 pm |
  19. Betty

    GIVE ME A BREAK!!!!!!!

    March 20, 2009 05:35 pm at 5:35 pm |
  20. Mike

    Sorry John, but you should have been doing that for the past eight years instead of kissing Bush and passing laws supporting total deregulation of the banking system, allowance of fraudulent mortgages, and destruction of the Middle Class. You are a sad, sorry shadow of what you use to be and Teddy Roosevelt would be ashamed of you.

    March 20, 2009 05:37 pm at 5:37 pm |
  21. Veteran in Chattanooga

    You just can't be trust loosers can you. They become critics.

    March 20, 2009 05:39 pm at 5:39 pm |
  22. Trollmaster

    McCain should have been worried about our grandchildren's future and spoken out against the Bush tax cuts and the Iraq war. He didn't see the cost there.

    McCain's proven shortsightedness is the reason why he lost the election and has no credibility.

    What's McCain's answer besides just saying "no"?

    At this point we have to do more than just tread water. Obama is thinking and planning long term, something Republicans are far too incompetent to do.

    March 20, 2009 05:39 pm at 5:39 pm |
  23. Robin in Tampa FL

    After years of runaway spending McCain & Friends are now crying about spending? I've got news for these clowns, thanks to the mess we they put us in the only solution now is to inject massive amounts of money into the system to keep it from collapsing. Sure all this spending is not popular but it's what needs to be done to get us out of this mess.

    March 20, 2009 05:39 pm at 5:39 pm |
  24. watchdog

    That's true

    March 20, 2009 05:40 pm at 5:40 pm |
  25. Donna from Colorado Springs

    No one cares John! The country doesn't listen to your Republican ramblings anymore. President Obama is trying to make things better for the people.......not keep us under a Republican thumb as you would do if you were in his shoes.

    March 20, 2009 05:40 pm at 5:40 pm |
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