GOP: Obama's budget a "road map to Greece"

President Barack Obama speaks to continue to push Congress to act to extend the payroll tax cut and unemployment insurance through the end of the year, Tuesday, Feb. 14, 2012, in the Old Executive Office building on the White House complex in Washington. AP Photo/Susan Walsh

In their weekly address, the Republican Party attacked the president for his latest budget, saying it continues along the path of government spending and higher taxes.

Rep. Cathy McMorris Rodgers of Washington delivered the video address where she called the president's budget "devastating" and a "road map to Greece."

President Obama released his 2013 budget Monday which proposes $4 trillion in deficit reduction over the next decade but also invests billions in programs to spur economic development.

While the president says his plan "rejects 'you're on your own' economics," McMorris Rodgers called it irresponsible, noting that his proposal would run a trillion dollar deficit.

"If we keep on going like this, the consequences will be devastating," McMorris Rodgers said. "The president's budget isn't a blueprint for America; it's a road map to Greece."

As this week marked the third anniversary of the stimulus package, McMorris Rodgers used the opportunity to remind voters that the stimulus defied Democrats' expectations of keeping unemployment below 8 percent, which is what the White House projected. As unemployment peaked at 10 percent and currently sits at 8.3 percent, McMorris Rodgers portrayed the president as a man full of false expectations.

"President Obama's broken promises have left our country broke," she said.

In his weekly address from a Boeing plant in Everett, Washington, President Obama discussed one aspect of his budget proposal. He touted his plan to revive the manufacturing sector and return jobs back to the U.S.

"No company should get a tax break for outsourcing jobs," the president said on the last day of his west coast tour to promote his economic policies and raise money for his re-election bid. "Instead, tax breaks should go to manufacturers who set up shop here at home. Bigger tax breaks should go to high-tech manufacturers who create the jobs of the future. And if you relocate your company to a struggling community, you should get help financing that new plant, that new equipment, or training for new workers."

  • Leigh Ann Caldwell On Twitter»

    Leigh Ann Caldwell is a political reporter for CBSNews.com.

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