Press releases from Congressman Joe Walsh and Don Manzullo:
Congressman Walsh Issues Statement on His Vote Against Debt Deal
WASHINGTON – Today, Congressman Joe Walsh (IL-08) voted against the latest debt ceiling deal brokered by President Obama and Congressional leaders.
“Last night’s deal shows how far the debate has moved in just a few months,” said Congressman Walsh. “At the beginning of this debate President Obama demanded a blank check increase in the debt limit with no spending cuts attached. When that didn’t work, he insisted on huge tax increases on American families and job creators. The Republican Party, however, stood strong and refused to pay for reckless spending with more tax increases.”
“While I give my Republican leadership all the credit in the world, I cannot support this latest deal: it spends too much and cuts too little. While this deal will cut $2.4 trillion from the national debt over the next 10 years, Washington will still add another $7 trillion to the national debt over that same period.”
“The fact that there are only $7 billion in cuts next year, an election year, shows how blatantly political this bill is. We need to be slashing reckless spending now and in the future, not just when it is politically convenient for the President.”
“Democrats still don’t get it and refuse to make the spending cuts necessary to avoid a credit downgrade. I have made it clear from day one that I will never vote for an increase in the debt ceiling unless it fundamentally and structurally changes the way Washington spends money. I believe that the way to do that is through statutory spending caps and a Balanced Budget Amendment to the Constitution.”
Manzullo: Bill to End Debt Crisis “Far from Perfect” but Will Cut Spending, Strengthen our Economy
[WASHINGTON] Congressman Don Manzullo (R-Egan) tonight voted for bipartisan legislation to end our immediate debt crisis while cutting spending significantly enough to maintain America’s strong AAA credit rating necessary for a strong and healthy economy.
The legislation cuts spending more than it increases the debt ceiling and does not increase taxes. It also requires the House and Senate to vote on a Balanced Budget Amendment by the end of the year. The legislation is supported by Citizens Against Government Waste, Americans for Tax Reform, National Federation of Independent Business, National Association of Manufacturers, the U.S. Chamber of Commerce, and many other groups.
“This bill is far from perfect. I think we could have cut spending much more deeply. But it does go far enough to preserve our strong AAA credit rating, and that’s vital to our efforts to strengthen our economy and help put Americans back to work. While this ends our immediate debt crisis, we must continue our mission to control spending to ensure America’s long-term economic security. The bottom line is our government borrows 40 cents of every dollar it spends, and that is not sustainable. In these difficult times, Americans have had to tighten their belts and learn to do more with less. Washington must follow their lead.”