On the recordAugust 2, 2011
during the past few weeks and months, Congress and the President have been involved in discussions to raise the debt ceiling, and reduce spending, deficits and debt. This discussion is a result of the elections last year. The voters sent a strong message that it was time for Washington to stop the spending spree. And it is because of that message that we are even having this debate. Even the President now agrees that to address our fiscal situation we need to reduce spending. That has not always been the case, though. Just last year President Obama refused to endorse or advance the findings of his own National Commission on Fiscal Responsibility and Reform. On February 14, President Obama submitted his budget proposal to Congress that refused to address our looming deficits and debt. Over the next 10 years, his budget would have added another $13 trillion to our national debt. President Obama's budget was so out of touch that it was rejected in the Senate by a vote of 97-0. Then he delivered a speech in April that magically found $4 trillion in spending cuts. In just a matter of weeks, President Obama found $4 trillion in spending that no longer needed to be spent. The American people have to wonder how Washington can be serious about budgets and spending if the President, in a matter of weeks, can find $4 trillion of spending that was of national importance on February 14, but is no longer necessary on April 13.…





