Pelosi on Democrats' Budget: 'Growth Will Take Us to Balance'

April 7, 2014 - 5:12 AM

Pelosi

House Minority Leader Nancy Pelsoi (D-Calif.) (AP File Photo)

(CNSNews.com) - House Minority Leader Nancy Pelosi says Democrats will unveil their Fiscal Year 2015 budget on Monday, a week after House Republicans unveiled their FY 2015 spending plan that would balance the federal budget in 10 years.

"And does it balance?" CNN's Candy Crowley asked Pelosi in an interview that aired on Sunday.

"It's about growth, and growth will take us to balance," Pelosi said.

"It takes us to about 2 percent of GDP deficit, which everybody says is very manageable," Pelosi added.

Pelosi described the Republicans' budget, produced by Rep. Paul Ryan (R-Wis.), as the "ideological manifesto of the Republican Party" that would take the nation "so into the past."

She said the Democrats' budget, on the other hand, "is about the future investments in growth, education, science, innovation."

Crowley did not press Pelosi on the nation's growing debt.