U.S. Senator Murray Concerned About Lackluster Economic Growth

By Tom Bacon

Washington Senator Patty Murray recognizes that the U-S has spending and debt problems. But the new chair of the U-S Senate Budget Committee believes a bigger and more immediate problem for the nation is lackluster economic growth.
Murray told committee members - quoting here - we absolutely need to tackle our debt and deficit in a responsible and sustainable way." But she added that jobs and economic growth are the top priority.

Murray's comments suggest that a budget coming out of her committee will include more federal spending to stimulate the economy, and higher taxes to pay for it. But if those elements are prominent in Murray's budget plan, it's probably dead on arrival across the Capitol in the House, where controlling Republicans have served notice they won't even consider authorizing any more revenue for the government.

Murray told Congressional Budget Office Director Doug Elmendorf, who testified at her first budget hearing, that it makes no sense to replace the nation's budget deficit with what she called deficits in education and infrastructure and research and development - in other words, sharp cuts in those programs looming from the mandatory sequestration coming on March 1st.
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