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[0:01] ..." Well I'm Judd -- senator from New Hampshire. We all know these are difficult times. People are worried. About keeping their jobs. Paying their bills. The value of their homes."...
[1:16] ..." country run up by all of our presidents. From George Washington. -- George W. Bush the total debt over all those 200 plus years since we started as a nation. Is president Obama's plan to double that debt in just the first five years that he is in office. Is also planning to spend more on government. As a percentage of our economy. Than at any time since World War II. His budget assumes. The deficit will average one trillion dollars. Every year. For the next ten years. And -- well over nine"...
[4:16] ..." in a manner. That is affordable not only today. But for the next generation. Through limiting spending. Addressing core issues like the cost of entitlements. Our nation has an exceptional history. Of one generation passing on to the next generation. They more prosperous and stronger country. But that tradition is being put at risk. The dramatic move to left. And the massive"...
[0:01]" Well I'm Judd -- senator from New Hampshire. We all know these are difficult times. People are worried. About keeping their jobs. Paying their bills. The value of their homes. The cost of sending their kids to college. It's hard. -- I appreciate. Has to all Americans the efforts being made by our president. And his seriousness about addressing these issues. What concerns many of us. Are his proposals in the budget he recently sent to the congress. That dramatically grow the size and cost the government. And move it to the left. It is our opinion. That this plan spends too much tax is too much. And borrows too much. You may have heard this before. That the budget the president spends too much taxes too much and borrows too much but we mean. Let me give you a few examples. In the next five years. President Obama's budget will double the national debt. In the next ten years it well triple the national debt. To say this another way. If you take all the -- of our country run up by all of our presidents. From George Washington. -- George W. Bush the total debt over all those 200 plus years since we started as a nation. Is president Obama's plan to double that debt in just the first five years that he is in office. Is also planning to spend more on government. As a percentage of our economy. Than at any time since World War II. His budget assumes. The deficit will average one trillion dollars. Every year. For the next ten years. And -- well over nine trillion dollars. In new guess. Who our children's backs. He is also proposing the largest tax increase in history. Much of it aimed at taxing small business people who have -- over the years. The best job creators in our economy. And further. He is proposing a massive new national sales tax on your electric bill. So that every time you turn on a light switch in your house. You'll be hit with a new tax. And it averages over 3000 dollars per household. These are staggering numbers. And represented an extraordinary move of our government to left. The president to his credit does not trying to hide this. In fact he's very forthright. And stating that he believes. That by greatly expanding. The spending the taxing in the borrowing on our government. This will lead us to prosperity. Here of course is where we differ. We believe you create prosperity. By having an affordable government. It pursues its responsibilities. Without excessive costs taxes or death. That is the individual American who creates prosperity. And good jobs not the government. We believe that you create energy independence. Not by sticking Americans who have a brand new national sales tax on everyone's electric bill. But by expanding the production of American energy. Such as environmentally sound offshore drilling nuclear power wind solar. While also conserving more. We also believe you improve everyone's health care not by nationalized health care system. And putting the government between you and your doctor. But by assuring that every American has access to quality health insurance. And choices in health care. We believe that you run a sound and affordable government. Not by running up the national debt to historic levels and unsustainable levels while over taxing working Americans. And spending as if there's no tomorrow. But rather by working on limiting the growth of government in a manner. That is affordable not only today. But for the next generation. Through limiting spending. Addressing core issues like the cost of entitlements. Our nation has an exceptional history. Of one generation passing on to the next generation. They more prosperous and stronger country. But that tradition is being put at risk. The dramatic move to left. And the massive increase in the size and cost of the government proposed. By the budget of President Obama. Believed to an immense. National death. That not only threatens the value of the dollar. And puts at risk our ability to borrow money to run the government. But it also placed our children at a huge disadvantage. As they inherit this death. Which will make their chances of success. Less than those given to us by our parents. It is not right. For one generation. To do that to another generation. Rather we believe. That if you properly Steward the responsibilities of the government. If you did not spend too much if you do not taxed too much if you do not borrow too much. We can leave our children a better nation. Where they will have an even greater opportunity. Or prosperity. Peace and freedom. Thank you for taking time to listen. And have a great weekend."













