Congressman Steve Austria on National Debt

Our nation is making history for the wrong reason as our national debt reached $13 trillion, putting each American’s share of the debt at around $42,000 and each taxpayer’s share at $118,000. This level of debt is deeply troubling and threatens the economic prosperity of our children and grandchildren. A recent Rasmussen poll found that only 21 percent of the public think that today’s children will be better off than their parents.

Today, we still have no budget; no plan to reign in this out of control spending. For the first time the House will fail to even propose a budget at a time when the American people are demanding fiscal responsibility. To pay for the massive spending initiatives that have passed this Congress, the Democrat leadership has increased our national debt ceiling twice. These actions have added to the present level of debt we find ourselves in, which continues to grow every day. To pay for the massive spending initiatives that have passed this Congress, the Democrat leadership has increased our national debt ceiling twice. These actions have added to the present level of debt we find ourselves in, which continues to grow every day.

We can address the issue of job creation without racking up trillions of dollars in stimulus bills and bailouts; that we have yet to see any significant results from. We can make health care more accessible and affordable without a $1 trillion price tag. These are important issues that need to be addressed head on. To be serious about fixing these important issues, we need to be passing fiscally responsible policy, not simply throwing money at them which only serves to create additional problems down the road.

Now is the time for Congress to address the issues facing our nation in a fiscally responsible manner. We need to show constraint, set spending guidelines, make the tough choices and eliminate wasteful programs.

It’s important that Members of Congress hear from you on these important issues. I invite you to visit America Speaking Out to make your voice heard.

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