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

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

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/03/20/art.getty.mccain.close.jpg 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. RB

    How grateful as a nation can we be that this idiot and his dumberer VP choice is not in charge of this country!

    March 20, 2009 05:40 pm at 5:40 pm |
  2. Doug

    Why am I not surprised the republicans fail to see the long term benefits of investing in the rebuilding our infrastructure; making our health care system more efficient with proactive preventive care (as opposed to expensive, reactive emergency care); promoting and developing green energy sources; and, most important of all, the education of all children, regardless of there economic wherewithal. Yes, there are expensive up-front costs associated with these endeavors, but we cannot afford to put these much needed reforms on the back burner any longer.

    It seems as if republicans expect private enterprise to take care of these things for us. But it's about time they come to the realization that there are some things that only our government can accomplish. And I, for one, don't mind paying more taxes to support this great and wonderful country we live in. All for one and one for all!!!!!

    March 20, 2009 05:40 pm at 5:40 pm |
  3. Shakeelm

    And this from a guy who is the resident expert on macroeconomics. Give us break.

    March 20, 2009 05:41 pm at 5:41 pm |
  4. elmerg

    Old, out-of-touch, deluded, McSame. Hey John, YOU LOST! Remember? Why not just go back to demeaning women, you're good at that.

    March 20, 2009 05:41 pm at 5:41 pm |
  5. truthsayer

    Where was all this outrage when the Repugs were running up trilion dollar deficits in an illegal war....

    March 20, 2009 05:42 pm at 5:42 pm |
  6. Jim in Texas

    Someone better be concerned before it is too late if isn't already.......

    March 20, 2009 05:44 pm at 5:44 pm |
  7. God Bless America

    McCain your CONTINUE THE WAR AT 10 BILLION DOLLARS A MONTH IS WHAT THREATENED OUR CHILDREN AND GRANDCHILDREN! WE DESERVED TO HEAR THOSE NUMBERS WHILE YOU WERE CAMPAIGNING.

    BESIDES, WHAT DO YOU KNOW ABOUT HONEST ACCOUNTING? YOU DON'T EVEN KNOW HOW MANY HOUSES YOU OWN!

    March 20, 2009 05:44 pm at 5:44 pm |
  8. sandee in Portland

    It's McCain that's a threat to our nation. How can this man think any of us would pay attention or believe anything he says is beyond me. This is a person who changes his mind many times daily as to what he believes, as well as rushing into things without thinking them through as proven many times in his campaign. I, for one, do not give a rat's a... about what he thinks.

    March 20, 2009 05:44 pm at 5:44 pm |
  9. kate

    "The Congressional Budget Office report proves that the administration has indeed engaged in a policy of generational theft," said McCain

    Are you kidding? It was Pres. Bush, aided and abetted by the Republican majority in Congress who decided to start the war in Iraq by borrowing money from China rather than taxing Americans to "pay as we went." It was Pres. Bush who, with his colleagues, didn't think the auto industry needed to heed the message about the oil crisis. Now, because of the deteriorating economy - not because of anything the current President has done in 60 days - the deficit has grown. One of the reasons Sen. McCain was not elected is because he was cynical and didn't seem to have any core beliefs that he backed up by his actions. While running for president in 2008 he repeated his belief that the war in Iraq should continue but taxes should not rise to pay for it.
    If there is a "different course" he should have found it a long time ago, and not now try to dump this on Pres. Obama. It properly belongs to the legacy of Pres. George W. Bush (who turned Pres. Clinton's surplus into a deficit in the first place)

    March 20, 2009 05:45 pm at 5:45 pm |
  10. J.P.

    Wow, glad to have you come around RINO. Did someone finally wipe the sleep from your eyes?

    You know, John, if you were a conservative instead of a RINO, you might have actually won.

    You see, when there is already a liberal on the ballot, you don't win by being "liberal lite" because the liberals are going to vote for the REAL liberal anyway... they'll vote for the REAL Coca-Cola, not John McCain, the Diet Coke of Liberalism.

    March 20, 2009 05:45 pm at 5:45 pm |
  11. Michael

    McCain is a sad, old, senile man.

    A disgrace to this country indeed.

    March 20, 2009 05:45 pm at 5:45 pm |
  12. Claudette Siar

    We did not elect you President! After seeing your performance, I would not elect you dog catcher. Strange at one time I would have consider you. Thank you for showing your true face during the campaign and during this time we need to come together for America. Support President Obama and help him clean up the Bush mess.

    March 20, 2009 08:26 pm at 8:26 pm |
  13. Ray Fisher

    Despite the naysayers and the obvious challenges the President has faced this week, I am detecting a small note of optimism in our nation, not of a miraculous recovery but more on the lines of the little engine that could. People are thinking we can beat our challenges and recover because Americans thrive on challenges because we enjoy the triumph of our achievements over long odds. We have the drive, capability and enthusiasm to succeed and so we shall.

    March 20, 2009 08:28 pm at 8:28 pm |
  14. Claudette Siar

    We did not elect you President! After seeing your performance, I would not elect you dog catcher. Strange at one time I would have consider you. Thank you for showing your true face during the campaign and during this time we need to come together for America. Support President Obama and help him clean up the Bush mess. Your choice of Palin is unforgiveable, this woman wants to attack President Obama and at the same time deny funds for disalibed childen and the people of Alaska. You sir gave this woman the stage. Are we really suprised she does not value education for Alaskan people? She is so unqualifed and not smart enough to stay out of the lime light for ten years and get an education in the subjects needed to even be considered for VP.

    March 20, 2009 08:32 pm at 8:32 pm |
  15. dp - neptune

    i am so sick of mccain, palin and all the republicans, conservatives, they need to get a life, they are so upset that President Obama is doing such a wonderful job. He is the best President we ever had. They need to congratulate and not hate....

    March 20, 2009 08:36 pm at 8:36 pm |
  16. JFK

    The worse threat is the Republicans getting their hands on more money to spend on needless wars like Iraq. Bad enough they spent billions for Iraq and to rebuild it while our cities sank under floods and bridges crumbled here. They are ones to talk while they let America just decay and rot while they pillaged our coffers on wasteful spending. What did Bush and Republicans do to rebuild America? NOTHING! At least we are investing money in US for a change.

    March 20, 2009 08:38 pm at 8:38 pm |
  17. Alex

    John McCain also told us Iraq was a threat to the US, so what does he know?

    March 20, 2009 08:39 pm at 8:39 pm |
  18. Zion

    Honey, the Republicans are not right. I'm not saying that the Democrats are angels, but baby, when you dig one whole you better dig two. God is going to take care of this group.

    March 20, 2009 08:41 pm at 8:41 pm |
  19. Anonymous

    hey guys I know most of you love Obama, really, fine it is your choice, but 9. 3 trilion !!!! wake up people do you know how much is that....

    March 20, 2009 08:44 pm at 8:44 pm |
  20. tony brown

    Mccain sat there for the last eight years and let Bush and his boys run this country into the ground and all of a sudden he is so concerned ..the only concern that the republicans have is that money is going to help the poor instead of lining the rich pockets ... i truly believe that the rebublican would rather see the country fail then to see the presidents policy work

    March 20, 2009 08:48 pm at 8:48 pm |
  21. corona

    Can we all get along, PLEASE!! seems like everybody is running for 2012 already, why the political agenda, when we have serious issues to focus on.
    Any senotor out of work in washington? i thought so.....these guys are living large for LIFE with our tax dollars.

    March 20, 2009 08:51 pm at 8:51 pm |
  22. Chris

    Who is this man? What he thinks, says and does are remarkably insignificant.

    March 20, 2009 08:55 pm at 8:55 pm |
  23. Hope?

    I am unclear on McCain's pov here – what alternatives is he proposing? The point may be overstated, but it is current Rebulican ideology that helped to ruin our economy and bring us to the edge of socialism. When is someone in McCain's position going to own this and start offering real solutions instead of playing up to their party ambitions?

    We need more than 1 party to help keep the checks and balances in order, but this kind of bs continually proves to show how out of touch these folks are.

    March 20, 2009 09:00 pm at 9:00 pm |
  24. DeDe

    And Senator McCain during his campaign said he wanted to continue the war in Iraq at the cost of 10 billion dollars a month!! Why weren't you worried about the deficit then??

    March 20, 2009 09:07 pm at 9:07 pm |
  25. AlRam

    There you go again Mr. McCain. You told us during the recent presidential campaign which incidentally lose in a landslide that you don't know anything about the economy....oh may be you learned all of a sudden. Wow what a miracle. Enough!!!!

    March 20, 2009 09:08 pm at 9:08 pm |
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