Blog Archive

Blog Archive

Thursday, April 21, 2011

postheadericon Debt elimination is a national priority

Seeking to put our economy on the path to prosperity and fiscal responsibility, the House passed the Fiscal Year (FY) 2012 budget, which aims to cut $6.2 trillion in government spending over the next ten years. The Senate must still approve a budget, and we must demand one that is fiscally responsible because what’s at stake is the future of our economy.

Our nation’s current debt level is a risk to our national security. Just this week, Standard & Poor’s lowered its outlook on U.S. debt to “negative,” reflecting uncertainty about how Congress and the Administration will address long-term debt. Something drastic must be done to ensure our nation does not default on our debt.

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