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Wednesday, June 1, 2011

postheadericon Debt limit vote declares serious reforms are coming

On May 31, the House rejected legislation to raise the federal debt ceiling without any accompanying spending cuts or reforms by a strong bipartisan vote of 97 to 318. This vote should prove to the President once and for all that he must agree to House Republicans’ demand that we rein in wasteful Washington spending wherever it is occurring.

Raising the debt ceiling without simultaneously incorporating enforceable spending cuts and serious reforms will only burden our future generations with outrageous debt. We must not raise the debt ceiling by $1 without simultaneously making deep cuts in spending and taking real steps towards a balanced budget.

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