White House accepts House Republican surrender

Jan. 22, 2013, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement responding to the White House’s statement of support of a House Ways and Means Committee proposal to suspend the debt ceiling until May 19, 2013, H.R. 325:

“Not shockingly the Obama Administration has announced its support House Republican proposals to suspend the debt ceiling until May 19, knowing full well that once the debt ceiling is suspended, it likely will never be reinstated. In their attempt to avoid a confrontation over the debt ceiling, House Republicans have effectively given the Obama Administration a blank check and the capacity to meet their stated goal of eliminating the debt ceiling once and for all.

“It is time for congressional Republicans to reject the House Ways and Means Committee trial balloon, H.R. 325, and to take the steps necessary, including passage of the ‘Full Faith and Credit Act,’ to begin the process of restoring fiscal sanity in our nation, and the power of purse where it belongs in Congress.

“Unless House Republicans change the current path we are on, our nation’s national debt will have increased by more than $4 trillion during their four years in the majority. For a group that gained control of the House on the promise of deficit reduction, that will be an extremely difficult record to defend in 2014.”

Interview Availability: Please contact Robert Romano at (703) 383-0880 ext. 106 or at robert@getliberty.org to arrange an interview with ALG President Bill Wilson.