| Stopping Runaway Government Spending and Reducing the National Debt |
For too long, Congress has been reckless with the federal budget. Each year, spending has grown further out of control and our crippling national debt has continued to climb.
Over the past year, Congress has gone on an unprecedented spending spree that has forced the national debt ceiling to be raised to over $12 Trillion. Our debt is financed by foreign lenders, particularly China, who do not always have our country’s best interests in mind.
The level of spending and government intrusion by Congress has spiraled out of control, and the amounts our so-called leaders are throwing at problems have become nearly incomprehensible. We saw Congress give the Treasury Department hundreds of billions of Dollars to aid the financial sector, yet there has been little transparency or accountability in where the money has gone.
Not content with this level of spending, Congress then passed a stimulus bill, at a cost of $787 billion, which has not stimulated the economy or created long-term sustainable jobs. And in the spring of this year, after lending the auto industry tens of billions of Dollars, the federal government became the largest shareholder in General Motors without a clear plan on how to recoup its investment.
I’ll be a strong voice in Congress for common-sense Pennsylvanians who understand that this level of spending and debt is not sustainable. I have created budgets, set priorities, and managed them through good and bad times. I understand, just as Pennsylvania families do, that you can only spend what you have available.
The debt that we are accumulating will come due, and the burden we are creating will have to be paid for by our children and grandchildren. Our country’s leaders have an obligation to get our financial house in order, and I will be a strong advocate on behalf of hardworking taxpayers who want their money spent responsibly.
|