Wes Hickman (202) 224-5972 or Kevin Bishop (864) 250-1417
-- U.S. Senator Lindsey Graham (R-South Carolina) today voted against the Democratic budget resolution in the Senate Budget Committee. The budget resolution establishes spending levels for Fiscal Year 2008 and lays out budget projections for future years.
"One of my top priorities this year was for Congress to extend the Bush tax cuts," said Graham. "The tax cuts have proven to be very beneficial to our nation's economic health. Instead of extending the Bush tax cuts, the Democratic proposal actually allows them to lapse creating a $900 billion tax increase on the American taxpayer."
The Democratic budget resolution passed through committee by a vote of 12-11. Graham said unless changes are made to the proposal he will be forced to vote against it against on the floor of the Senate.
"The Democratic budget resolution leaves much to be desired," said Graham. "The budget process is never easy and I don't expect this year to be any different. However, we seem to be charting a path that leads to higher taxes, increased spending, and does not prepare us for the looming entitlement crisis. There is no doubt we can and must do better for America's taxpayers."