“Our nation’s debt currently stands at over $14 trillion and this year, our annual deficit is projected to reach over $1.6 trillion – the largest in history. We are spending money we don’t have, borrowing 46 cents on the dollar, much of it from the Chinese, and sending the bill to our children and grandchildren.
“We cannot continue down this irresponsible fiscal path. It is time to make government more efficient and effective, by making responsible choices today to save our children from tougher choices in the future. Our current spending levels are unsustainable, making it necessary to implement policies that increase government efficiency. I firmly believe that we must reign in spending and exercise stringent fiscal responsibility.
“With the new Republican Majority in the House, we have passed $574,832,000,000 in direct spending cuts this year alone. But the House is just one of a three-legged stool. We need the Democrat-controlled Senate and the Obama Administration’s support to solidify these much-needed cuts.”