On the recordJune 17, 2010
Americans say the growing national debt is the greatest threat to our country, according to a recent Gallup poll. Since Democrats took control of Congress in 2007, the national debt has grown by $3.5 billion a day. Since President Obama took office, the debt has increased by $4.8 billion a day. To control spending and reduce the national debt, we need a responsible budget that addresses our fiscal crisis. But as American families make tough choices with their household budgets, the Democratic majority in the House has yet to even propose a national budget. If a budget is not approved this year, it will be the first time since the Budget Act became law in 1974. Congress should listen to the American people, get government spending under control, and approve a national budget.
