Tim Walberg: “We received word yesterday that the President has threatened to veto the bill we will consider later today, H.R. 2560…”

“We received word yesterday that the President has threatened to veto the bill we will consider later today, H.R. 2560, the Cut, Cap, and Balance Act. As a cosponsor of this bill, I can't disagree more. We have a spending problem, not a revenue problem. For the President to threaten to veto a serious proposal that will put our country back on the path to fiscal responsibility demonstrates his stubborn insistence on continuing reckless spending and debt. If the President wants to continue to disregard the voice of the people, then he will veto this bill, despite never presenting a plan of his own. The President will do what he chooses to do, but I will do what the people and our Nation's future demand. Unless we want to face even longer-term economic difficulties, the President should reconsider his position and support this plan that cuts spending and encourages job growth. ____________________”