WASHINGTON, D.C.–The budget deal reached by the president and Congress is highly disappointing to Indiana Sen. Mike Braun, a Republican, who has preached since his swearing in about what he says is the danger of spending more than you take in.
“I’d say disappointed is an understatement, kind of my worst fear,” Braun tol CNBC’s Squawk Box.
The deal would raise spending about by about $50 billion the next fiscal year. The federal budget would be about $2.7 trillion for the next two years. What may be most disappointing to Braun, though, is the suspension of the debt ceiling until 2021, giving the federal government more room to borrow.
“I’m impressed by the number of smart people who don’t have any clue when it comes to the major things we need to do here because they’ve never done a budget, they’ve never done a payroll. They’ve never run anything.”
Braun said he would encourage his colleagues to vote against the new budget.
“All it’s doing is kicking it down the road, throwing all this burden on our kids and grandkids,” said Braun. He insisted that in any other setting, state government, local government, or school board, that a deal of that nature would be laughed at.