Political Quotes

“Can anyone seriously dispute that our Federal fiscal house is seriously out of order? Our national debt stands at $23 trillion, doubling in just the last decade alone. No end is in sight, as we just registered $1 trillion annual deficit in the last fiscal year, and this fiscal year looks the same or worse. Interest payments alone will exceed defense spending by 2025. We need look no further than into the mirror for the root cause. It is our collective inability to face the music of fiscal responsibility and sustainability. We clearly need help. H.R. 5211, the Sustainable Budget Act, cointroduced today with my colleague from Arkansas, the ranking member of the Budget Committee, Mr. Womack, would follow the models of Simpson-Bowles and other such independent commissions charged with focusing on our debt and recommending a sustainable path forward for an up-or-down vote by Congress. In that, our bill is similar to other measures I have also cointroduced: H.R. 4907, the TRUST Act, with Representatives Gallagher and McAdams; and H.R. 5178, the RAFT Act, with Representative Burchett. Together, they offer a far better way forward to tackling our debt crisis, and I urge their prompt consideration and passage. ____________________”