May 10, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement praising House Speaker John Boehner for attaching firm preconditions for spending cuts to offset any increase in the $14.294 trillion national debt ceiling:
“House Speaker John Boehner has taken the necessary step of attaching firm preconditions for spending cuts to more than offset any increase in the debt ceiling. This is precisely what the American people have been demanding, and we are pleased to see that Speaker Boehner is listening to the will of the majority that put him into power. This is very encouraging.
“Boehner correctly diagnoses the debt crisis that the nation faces, and is right that the budget cannot be balanced without tremendous spending cuts coupled with economic growth. He is also correct that growth will not be found if taxes are raised into the teeth of this recession and if real drivers of the debt remain unaddressed.
“Now is the time to act. The American people require that any increase in the debt ceiling be coupled with both big spending cuts and serious reforms that will prevent the debt from growing faster than our economy, and be balanced in a reasonable period of time so that the debt can begin to be retired. We urge the House to consider proposals that will balance the budget sometime this decade to give the American people assurance that Congress is serious about addressing the debt crisis now and not later.
“We thank Speaker Boehner for laying out the broad parameters of this debate, and for drawing a principled line in the sand. The American people are saying no more debt, and now they can have the confidence that their leaders in Washington — at least some of them — are listening.”
Attachments:
“ALG to Reid, Obama: How Much Do You Want to Raise the Debt?” May 5th, 2011 at http://getliberty.org/content.asp?pl=10&sl=5&contentid=681.
Interview Availability: Please contact Rebekah Rast at (703) 383-0880 or at rrast@getliberty.org to arrange an interview with ALG President Bill Wilson.
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