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From: "Crapo News Release (Crapo)" <newsclips@crapo.senate.gov>
Date: Mon, 1 Feb 2010 17:38:33 -0500
Subject: CRAPO:  RECORD DEFICITS RUIN BUDGET PROPOSAL 
Thread-Topic: CRAPO:  RECORD DEFICITS RUIN BUDGET PROPOSAL 
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FOR IMMEDIATE RELEASE                                                      =
                CONTACT:    Susan Wheeler (202) 224-5150

February 1, 2010                                                           =
                                                       Lindsay Nothern (208=
) 344-1108







CRAPO:  RECORD DEFICITS RUIN BUDGET PROPOSAL







Washington, D.C. - Idaho Senator Mike Crapo, a member of the Senate Budget =
Committee, said today that three things are all Idahoans need to know about=
 the Fiscal Year 2011 Budget Proposal released today by the White House:  m=
ore spending, higher taxes and record deficits.  Crapo said the proposal fa=
lls short of the spending restraint needed to address our skyrocketing debt=
.



"This budget proposes the opposite of what we need to revive the economy," =
Crapo noted.  "This proposal contains a record budget deficit of $1.56 tril=
lion.  It calls for $3.8 trillion in spending.  It contains tax increases o=
n working Americans and still pursues a government takeover of health care.=
  Even with our fragile economy, and unemployment over 10 percent, the prop=
osal would raise taxes on small businesses beginning in 2011.  Our current =
level of debt, and the path of future debt that we are currently on, is bot=
h unsustainable and unacceptable."  Just last week, Crapo voted no as the S=
enate Majority approved a record debt increase to more than $14 trillion.



Crapo said the White House should provide increased incentives for job crea=
tion through tax policy, meaning tax relief, not tax increases.  "There is =
a clear understanding that the worst thing we can do in times of recession =
is to increase taxes," he noted.  "Spending has surged well beyond our hist=
oric average of revenue, and that is the cause of our deficits.



"This budget would continue the expansion of government by means of a secon=
d stimulus plan, when there is considerable evidence that the first one add=
ed nearly $800 billion to our national debt with little benefit for the eco=
nomy," Crapo added.  "We cannot spend ourselves into prosperity.  More debt=
, higher deficits and more taxes are not the solution.  We must encourage t=
he efforts of the private sector to create jobs and not increase government=
.  This budget will encounter very careful review in Congress and I encoura=
ge all Idahoans to review it closely."



Crapo noted his support for some of the energy provisions in the budget to =
increase nuclear power generation by expanding loan guarantees, but he disa=
greed with plans to permanently close Yucca Mountain with no alternatives f=
or the disposal of nuclear waste.  "I appreciate that the Administration is=
 trying to address the nuclear waste issue by appointing a Blue Ribbon Comm=
ission, and the membership of the panel is, on the whole, quite good,"  Cra=
po noted.  "However, that does not change the fact that having such a commi=
ssion is unnecessary because the solution to our nuclear waste problem is o=
bvious and clear.  There is no scientific basis for closing Yucca Mountain;=
 yet the Blue Ribbon Commission is prohibited from even considering Yucca M=
ountain as a possibility for future storage."





To directly link to this news release, please use the following address:

http://crapo.senate.gov/media/newsreleases/release_full.cfm?id=3D321991



# # #

......................................................................

This is generated from an unattended mailbox. If you have constituent comme=
nts or information you would like forwarded to Senator Crapo, please do so =
at the Senator's website, http://crapo.senate.gov<http://crapo.senate.gov/>=
. Comments sent to this e-mail address will not be responded to.


--_000_EF22B21D8CEAA148B030C28A9708DB9E010407334DSENATEEX05sen_
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<div>
<p class=3D"MsoNormal" style=3D"margin-left:4.0in;text-indent:-4.0in"><font=
 size=3D"3" face=3D"Arial"><span style=3D"font-size:12.0pt;font-family:Aria=
l">FOR IMMEDIATE RELEASE        &nb=
sp;            =
            &nb=
sp;            =
            &nb=
sp;           CONTACT:&nb=
sp;   Susan Wheeler
 (202) 224-5150</span></font></p>
<p class=3D"MsoNormal" style=3D"margin-left:4.0in;text-indent:-4.0in"><font=
 size=3D"3" face=3D"Arial"><span style=3D"font-size:12.0pt;font-family:Aria=
l">February 1, 2010         &n=
bsp;           &nbsp=
;            &n=
bsp;           &nbsp=
;            &n=
bsp;           &nbsp=
;            &n=
bsp;           &nbsp=
;    
             Lindsay=
 Nothern (208) 344-1108</span></font></p>
<p class=3D"MsoNormal"><a name=3D"OLE_LINK2"></a><a name=3D"OLE_LINK3"><fon=
t size=3D"3" face=3D"Arial"><span style=3D"font-size:12.0pt;font-family:Ari=
al"> </span></font></a></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center"><b><fon=
t size=3D"5" face=3D"Arial"><span style=3D"font-size:18.0pt;font-family:Ari=
al;font-weight:bold">CRAPO:  RECORD DEFICITS RUIN BUDGET PROPOSAL</spa=
n></font></b></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center"><i><fon=
t size=3D"1" face=3D"Arial"><span style=3D"font-size:8.0pt;font-family:Aria=
l;font-style:italic"> </span></font></i></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center;line-hei=
ght:110%"><font size=3D"2" face=3D"Arial"><span style=3D"font-size:11.0pt;l=
ine-height:110%;font-family:
Arial"> </span></font></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center"><i><fon=
t size=3D"1" face=3D"Arial"><span style=3D"font-size:8.0pt;font-family:Aria=
l;font-style:italic"> </span></font></i></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
  font-family:Arial">Washington</span></font><font face=3D"Arial"><span sty=
le=3D"font-family:Arial">, D.C.</span></font><font face=3D"Arial"><span sty=
le=3D"font-family:Arial"> – Idaho
 Senator Mike Crapo, a member of the Senate Budget Committee, said today th=
at three things are all Idahoans need to know about the Fiscal Year 2011 Bu=
dget Proposal released today by the White House:  more spending, highe=
r taxes and record deficits.  Crapo said
 the proposal falls short of the spending restraint needed to address our s=
kyrocketing debt.
</span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial">“This budget proposes the opposite of what we need=
 to revive the economy,” Crapo noted.  “This proposal cont=
ains a record budget deficit of $1.56 trillion. 
 It calls for $3.8 trillion in spending.  It contains tax increases on=
 working Americans and still pursues a government takeover of health care.&=
nbsp; Even with our fragile economy, and unemployment over 10 percent, the =
proposal would raise taxes on small businesses
 beginning in 2011.  Our current level of debt, and the path of future=
 debt that we are currently on, is both unsustainable and unacceptable.&#82=
21;  Just last week, Crapo voted no as the Senate Majority approved a =
record debt increase to more than $14 trillion. 
</span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial">Crapo said the White House should provide increased ince=
ntives for job creation through tax policy, meaning tax relief, not tax inc=
reases.  “There is a clear
 understanding that the worst thing we can do in times of recession is to i=
ncrease taxes,” he noted.  “Spending has surged well beyon=
d our historic average of revenue, and that is the cause of our deficits.</=
span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial">“This budget would continue the expansion of gover=
nment by means of a second stimulus plan, when there is considerable eviden=
ce that the first one added nearly
 $800 billion to our national debt with little benefit for the economy,&#82=
21; Crapo added.  “We cannot spend ourselves into prosperity.&nb=
sp; More debt, higher deficits and more taxes are not the solution.  W=
e must encourage the efforts of the private sector to create
 jobs and not increase government.  This budget will encounter very ca=
reful review in Congress and I encourage all Idahoans to review it closely.=
”</span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial">Crapo noted his support for some of the energy provision=
s in the budget to increase<b><span style=3D"font-weight:bold">
</span></b>nuclear power generation by expanding loan guarantees, but he di=
sagreed with plans to permanently close Yucca Mountain with no alternatives=
 for the disposal of nuclear waste.  “I appreciate that the Admi=
nistration is trying to address the nuclear
 waste issue by appointing a Blue Ribbon Commission, and the membership of =
the panel is, on the whole, quite good,”  Crapo noted.  &#8=
220;However, that does not change the fact that having such a commission is=
 unnecessary because the solution to our nuclear waste
 problem is obvious and clear.  There is no scientific basis for closi=
ng Yucca Mountain; yet the Blue Ribbon Commission is prohibited from even c=
onsidering Yucca Mountain as a possibility for future storage.” 
</span></font></p>
<p class=3D"MsoNormal"><b><font size=3D"3" color=3D"#1f497d" face=3D"Arial"=
><span style=3D"font-size:12.0pt;font-family:Arial;color:#1F497D;font-weigh=
t:bold"> </span></font></b></p>
<p class=3D"MsoNormal"><a name=3D"OLE_LINK1"><font size=3D"3" face=3D"Arial=
"><span style=3D"font-size:12.0pt;font-family:Arial"> </span></font></=
a></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial">To directly link to this news release, please use the fo=
llowing address:
</span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" color=3D"blue" face=3D"Arial"><span=
 style=3D"font-size:
12.0pt;font-family:Arial;color:blue"><a href=3D"http://crapo.senate.gov/med=
ia/newsreleases/release_full.cfm?id=3D321991">http://crapo.senate.gov/media=
/newsreleases/release_full.cfm?id=3D321991</a></span></font></p>
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Arial"><span style=3D"font-=
size:12.0pt;
font-family:Arial"> </span></font></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center"><font s=
ize=3D"3" face=3D"Arial"><span style=3D"font-size:12.0pt;font-family:Arial"=
># # #</span></font></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"text-align:center"><font s=
ize=3D"2" face=3D"Arial"><span style=3D"font-size:10.0pt;font-family:Arial"=
>......................................................................</sp=
an></font></p>
<p><font size=3D"2" color=3D"black" face=3D"Arial"><span style=3D"font-size=
:10.0pt;
font-family:Arial;color:black">This is generated from an unattended mailbox=
. If you have constituent comments or information you would like forwarded =
to Senator Crapo, please do so
 at the Senator's website, <a href=3D"http://crapo.senate.gov/" title=3D"ht=
tp://crapo.senate.gov/">
http://crapo.senate.gov</a>. Comments sent to this e-mail address will not =
be responded to.</span></font></p>
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