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Press Release

For Immediate Release
Friday, April 15, 2011

Libertarians call spending compromise "travesty"

WASHINGTON - Libertarian Party Executive Director Wes Benedict issued the following statement today:

"Just in time for Tax Day, the Republicans and Democrats in Congress have joined hands to clobber American taxpayers.

"According to the Associated Press, the 2011 spending compromise will 'cut federal outlays from non-war accounts by just $352 million through Sept. 30....When war funding is factored in the legislation would actually increase total federal outlays by $3.3 billion relative to current levels.'

"This is happening at a time when federal spending and deficits are at unprecedented high levels. Federal spending this year is expected to be about 5 percent higher than last year. This is a travesty.

"In 2000 under Bill Clinton, federal spending was $1.79 trillion. This year it's expected to be at least $3.63 trillion.

"Neither Democrats nor Republicans have made any serious proposals to change the course of the federal government. In particular, both President Obama's and Congressman Ryan's 2012 budget proposals are absurd. I fear that America will soon be overtaken by events. Inflation, high interest rates, high unemployment, and probably other unforeseen problems will start to force everyone's hand. One way or another, people aren't going to get what they have been led to expect.

"Unless American voters stop supporting Republicans and Democrats very soon, and start supporting Libertarians and Libertarian policies, I believe our future, and the future of our children and grandchildren, will be bleak."

The Cato Institute has produced a short video about the bill, "Obama/Boehner’s Phony Spending Cuts."

For more information, or to arrange an interview, call LP Executive Director Wes Benedict at 202-333-0008 ext. 222.

The LP is America's third-largest political party, founded in 1971. The Libertarian Party stands for free markets, civil liberties, and peace. You can find more information on the Libertarian Party at our website.

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