Guinta Says Obama's FY17 Budget a Burden for Families

U.S. Rep. Frank Guinta, R-NH, a member of the House Budget Committee, as well as the Financial Services Committee, is calling President Barack Obama’s fiscal year 2017 budget a financial burden to Granite State families and he plans on challenging it in the House.

“The president, who has overseen a historically poor post-recession economic recovery, is proposing more tax-and-spend policies that have failed to produce jobs and growth,” he said in a statement. “With Obamacare kicking in, the deficit will rise. The national debt is already $19 trillion. Proposals like a $10 gas tax will only further burden Granite State families, most of whom haven’t seen a raise in years. Average incomes are down. It’s time for a dramatic break with the status quo -- not more of the same.

Guinta added that as the newest member of the Budget Committee, he would be working with colleagues to develop “a better plan,” one that would embrace “principles of economic freedom – lower taxes, spending, and regulation – that will produce far superior results than the negligible growth rate last quarter.”

The unemployment rate ignores, he noted, millions who have dropped out of the labor market, and those working part-time jobs to survive.

“With the right leadership and policies in place, we’ll grow the shrinking middle class and begin a new era of prosperity,” he added.

Guinta is the former two-term mayor of Manchester, New Hampshire, who introduced zero-based budgeting, as well as four consecutive balanced budgets, and cut taxes for the first time in a decade.