WASHINGTON, D.C. – Congressman Alan Nunnelee (MS-01) issued the following statement regarding the annual Budget and Economic Outlook released by the Congressional Budget Office (CBO) that projects 2.2% real economic growth, 8.8% unemployment and $16 trillion in total debt:

“The newest projections from the CBO confirm what the people of Mississippi already know; the President’s policies have failed. You cannot spend, borrow, tax, and bailout your way to a thriving economy. Four consecutive years of $1 trillion deficits and mountains of red tape have led to the weakest economic recovery of the post World War II era. It is time to chart a new path, and I look forward to working with my colleagues in the House to advance an agenda that restrains spending, reforms the tax code, develops American energy supplies, and repeals the biggest job killer of them all, Obamacare.”

Congressman Alan Nunnelee