April 19, 2015
WASHINGTON — Republicans on the Senate Budget Committee have released their plan to balance the federal budget over the next decade.
The plan cuts programs and continues the sequester process of across-the-board cuts. U.S. Sen. Angus King of Maine says that is the wrong approach to balancing the budget.
King says that part of the solution is also getting health care costs under control. He says any successful budget will need to address the deficit with multiple approaches and not just by cutting spending as the GOP plan proposes.
"The most successful economic development program in the history of the United States, in the entire history of the United States was the GI bill after World War II, which propelled millions of Americans into the middle class," he says. "That was an expenditure program."