Pelosi Statement on President Obama’s 2016 Budget Proposal
Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the release of the President’s Fiscal Year 2016 budget request:
“The President’s forward-looking budget invests in middle-class families and puts forward a fiscally-responsible plan that reduces the ten-year deficit by nearly $2 trillion. When the middle class succeeds, America succeeds. The middle class are the real job creators in America, and this budget contributes to our long-term economic growth by providing bigger paychecks and better infrastructure for working families.
“We must have an economy that works for everyone, not just the privileged few. By ending the sequester, by addressing the wage stagnation that hinders growth, by strengthening our national defense, by investing in innovation and education, the President’s budget strengthens the financial security of working families who are the backbone of our country.
“Middle-class economics are the answer to the challenge of sustaining economic growth in our country. Now is the time to put the economic security of American families first. House Republicans should abandon their trickle-down agenda for the wealthy and join with Democrats to support a budget for the future that invests in the middle-class families who drive our economy.”