Tuesday, August 2, 2011

Jim DeMint on Debt Deal

“This debt deal puts America at risk and does nothing to
solve our spending crisis,” said Senator DeMint, “We
haven’t changed direction in Washington. We’re just tapping
the brakes as we speed toward a fiscal cliff.

“The President will now be responsible for nearly $6 trillion
in new debt in just four years in office, more than any other
president before him. The President’s reckless spending
policies have made things worse, leaving our economy in
shambles and Americans with less hope for the future. To grow
the economy, we must stop growing government.

“This bill doesn’t cut the debt; it will add about $7 trillion
in new debt over the next ten years on the backs of our
children and grandchildren. This bill doesn’t stop deficit
spending; it locks in trillion dollar spending deficits for
years to come. This bill doesn’t stop tax hikes; Republicans
and Democrats are already promising to consider job destroying
tax hikes in this new Super Committee. This bill doesn’t
protect our nation; it puts national security at risk with
unbalanced cuts to funding our troops in the field count on.
This bill doesn’t guarantee our AAA rating; it puts it at
further risk as the world sees Washington as incapable of
cutting wasteful spending.”

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