Area legislators denounce Obama budget

President Barack Obama’s proposed $4 trillion budget for fiscal 2016 doesn’t pass muster with congressional Republicans from Indiana who will vote on some version of it.

Obama’s plan would spend $474 billion more than it receives in tax revenue.

“President Obama likes to talk about his veto pen and with the release of this budget, we can only conclude that he writes with red ink,” Sen. Dan Coats, R-Ind., said Monday in a statement. “Instead of addressing our debt and deficit problems, the president’s proposal is a political wish list that will keep our nation’s balance sheet firmly in the red.”

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