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“After years of fiscal and economic mismanagement, the president has offered perhaps his most irresponsible budget yet,” House Speaker John Boehner said on Tuesday, after President Obama released his $3.9 trillion election-year budget.
The fiscal year 2015 spending proposal raises taxes on the wealthy and spends more on preschool, infrastructure, and job training, the Associated Press reported. But as Boehner indicated, Republicans won’t accept it.
“American families looking for jobs and opportunity will find only more government in this plan,” Boehner said. “Spending too much, borrowing too much, and taxing too much, it would hurt our economy and cost jobs. And it offers no solutions to save the safety net and retirement security programs that are critical to millions of Americans but are also driving our fiscal imbalance.”