Modern News

WASHINGTON, D.C. – House Republican Leader John Boehner (R-OH) issued the following statement after House Democrats voted to increase the national debt limit by a record $1.9 trillion, for a new ceiling of $14.3 trillion – roughly $46,000 for every person in America:

“Today, Speaker Pelosi and House Democrats voted to continue their unprecedented Washington spending binge.  How many more hard-earned taxpayer dollars will now be wasted on bailouts and government ‘stimulus’ programs that aren’t creating jobs?  One thing we can be sure of is that all this debt is being piled on the backs of our kids and grandkids with no relief in sight. The American people are saying ‘stop spending money we don’t have,’ but Democrats refuse to listen.

“Washington Democrats borrowed and spent trillions of taxpayer dollars last year, with nothing to show for it but bigger government, fewer jobs, and red ink as far as the eye can see. Now President Obama is doubling down on these fiscally irresponsible policies with another job-killing budget that spends too much, taxes too much, and borrows too much from our kids and grandkids.

“Working families and small business owners understand that doing more with less requires common-sense discipline. That’s why Republicans have proposed adopting strict budget caps that limit federal spending on an annual basis and are enforceable by the President.  Without these caps, Washington will grow unchecked and the burden passed on to future generations will become even more massive.

“This debt limit hike isn’t just a failure of fiscal discipline on the part of Washington Democrats – it’s a failure of leadership.  The federal government is broke and Washington is broken.”