Rep. Maloney Statement on President Obama’s FY2013 Budget

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, released the following statement on President Obama’s budget proposal for fiscal year 2013:

“This budget represents a solid investment in our country’s future— one built on American manufacturing, American energy, and skills for American workers— while offering a balanced and responsible plan to reduce the deficit by $4 trillion over ten years and preserve the Medicare guarantee.  

“It invests in the building blocks of a growth economy: ensuring students and workers can acquire the skills needed to succeed, enabling innovation and small-business growth, and supporting the creation of manufacturing, infrastructure-building and clean-energy jobs right here in America.

“I’m grateful that the budget includes complete, final funding for the first stage of the Second Avenue Subway and continues funding for the East Side Access project in the 14th District—the two largest public works projects in the nation.

“As a blueprint for our future, its coherence is in stark contrast to the majority Republicans who want to reduce all government spending with a one-size-fits-all guillotine. That’s the wrong direction for America."