This came across the wire a couple of days ago from the office of Congressman John Campbell:
For Immediate Release: April 17, 2013
Rep. Campbell Questions Treasury Secretary on New Entitlement Spending, IMF Funding
“In the president’s budget, it shows that this new entitlement, at the end of the 10 year budget window, has a deficit of $5 billion. And, over time, the entitlement will increase while the revenue source will decrease. Isn’t this exactly what got us into the deficit problem we’re in? Aren’t you just replicating it with a new program?”
Washington, DC – At a House Budget Committee hearing on the presidents FY 2014 Budget proposal, Rep. John Campbell (R-CA), a senior Member of the House Budget Committee, questions Treasury Secretary Jacob Lew on how the president expects to use a new cigarette tax that he hopes will discourage smoking to perpetually pay for a new, permanent government program. Moving to the International Monetary Fund (IMF), Campbell asks Secretary Lew if President Obama thinks it is wise to send $63 billion in taxpayer dollars to the IMF when so many domestic programs are currently under pressure due to Sequestration.
Full Transcript of Line of Questioning Between Rep. Campbell and Secretary Lew:
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