Washington, D.C. - In light of today’s stunning announcement by the White House that the federal deficit will be almost $2 trillion higher over the next decade than what they presented earlier this year to Congress, U.S. Congressman Kevin Brady (R-Texas), the lead House Republican on the Joint Economic Committee, says the administration knew they were "cooking the books" from day one.

"Earlier this year the White House was repeatedly challenged as to why their economic forecasts were rosier than either the Congressional Budget Office or the blue chip forecasts, and they were arrogantly adamant that their numbers were accurate and realistic, both of which have been proven embarrassingly untrue", said Brady. "The White House knew all along they were cooking the books to mask the true size of the federal deficit."

"The dangerous spending spree the President and this Democratic Congress has undergone undermines our economic recovery and risks a future federal debt crisis. This irresponsible spending has to stop now. We can start by repealing the unspent stimulus, ending the bailouts and resubmitting a new budget that will bring our deficit under control."

Brady added, "Given our unfunded liabilities and our deficits, Congress certainly cannot create a new government-run health care plan that will add trillions of new dollars of spending we can’t afford."