11.20.2005

Mark Green's Record of Fiscal Mismanagement...

Who does Mark Green think he’s kidding,” said Joe Wineke, Chair of the Democratic Party of Wisconsin. “Mark Green can claim all he wants that he’s worked in Congress to put our nation’s fiscal house in order, but his true record is one of turning record surpluses into record deficits, increasing spending, and fiscal mismanagement.”

FACT: Mark Green voted for four consecutive Bush budgets that created record deficits in Washington and increased federal spending by 33 percent – from $1.84 trillion in 2001 to $2.48 trillion in 2005.

FACT: As a member of Congress for the past seven years, Mark Green and President Bush have turned record surpluses into the largest federal deficits in U.S. history.

FACT: In 2001, Bush and Green inherited a projected 10-year surplus of $5.6 trillion, yet they squandered that surplus. The 2004 budget deficit was $412 billion – the largest in American history – and the deficit for 2005 is projected to hit $317 billion, according to the Congressional Budget Office.

FACT: Over the next decade, the total deficit is projected to reach $2.1 trillion.

Even before Mark Green went to Washington to run up the national debt, he helped build a culture of overspending and fiscal mismanagement in Wisconsin as a state legislator – a culture that led to a $3.2 billion deficit, the worst deficit in state history.

No comments: