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Friday, January 14, 2011

postheadericon Putting America on the path to prosperity (Rep. Phil Roe)

For too long, our government has been fiscally irresponsible and allowed reckless spending that has added three trillion dollars to the national debt in just the two years since Obama took office.  In fact, since Democrats took control of Congress in 2007, we’ve seen our debt level increased by 91 percent. These actions have serious consequences. The health of the American economy at risk, and we must work together to put America back on the path to prosperity.
 
First, we need to make clear that the spending spree is over, and now there is a mess to clean up.  We need to significantly reduce spending in the Congress, in order to lower the deficit.  Even though revenues are at their highest levels in history, the increase in spending over the years has exceeded the revenue increase.  Reining in this spending will help get our nation’s finances under control.

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