WASHINGTON, DC— Senator James Lankford (R-OK) Monday issued the following statement on the release of President Obama’s Fiscal Year 2016 Budget:
“The President’s White House budget proposal does not address many of the challenges facing our nation. Although our federal budget deficit has improved, we still spend nearly half-a-trillion dollars more than we take in. It is reckless that the President’s budget would increase federal spending by 7 percent in one year, and about 60 percent in ten years. The budget does not balance, it does not address the drivers of our debt, and it does not encourage private sector growth.
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