Ken Buck is right about the bad debt deal

Oct. 29, 2015, Fairfax, Va.—Americans for Limited Government President Rick Manning issued the following statement praising an oped by U.S. Rep. Ken Buck (R-Colo.) published in the Washington Examiner that blasts legislation that just passed the House that suspends the debt ceiling until March 2017:

“Ken Buck makes the right point about John Boehner and Barack Obama’s bad debt deal. It denied the nation an opportunity to have a real discussion about our financial crisis that finds us $19 trillion in debt and teetering on the edge of no return. The debt ceiling suspension until March 2017 could have been used to extract concessions from the Obama administration on entitlement reforms or budget cuts. Instead it increases spending by $80 billion over the next two years, breaking sequestration’s budget caps, raids Social Security to bail out the disability trust fund, and leaves most Republicans in the House once again voting in opposition to a plan put forth by Republican leaders, all the while drawing unanimous Democrat support.

“Ken Buck is right. It’s time to get serious about the debt and our budget woes. It’s just that the Boehner-Obama debt deal does not get us there.”

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