More than 200 economists have urged Congress to cut spending in order to create new jobs and Congressman Boehner has risen to the challenge, promoting plans that would shut down TARP and using the remaining funds for deficit reduction; freeze all non-defense, non-veterans’ health care spending for five years; stop the bailouts and reform Fannie Mae & Freddie Mac; and much more.
But according to ABC News, the Democrats in charge have gone on an unprecedented spending spree, adding “$230 billion to the national debt” in just three months, and ignoring economists and beleaguered taxpayers alike. Watch the report here.
ABC says “It took the federal government 206 years to hit the first trillion dollars in debt. To go from $12 trillion to $13 trillion, it took a little more than six months.”
And according to the nonpartisan Congressional Budget Office (CBO), the Democrats’ government takeover of health care – billed by their leaders as a way to increase spending and reduce the deficit at the same time – “does not substantially diminish” the “rising costs of health care” that “will put tremendous pressure on the federal budget.” In fact, as Grace Marie-Turner writes in the Washington Times:
“Federal and state governments, as well as businesses, consumers and taxpayers, are finding they cannot afford this massive and unpopular health overhaul law.”
Democrats aren’t serious about cutting spending. Republicans are. And Congressman Boehner is leading the charge to help create new jobs and get control of our debt. If you’d like to get involved and help Boehner in his fight to cut spending and create new jobs, click here and become a Boehner Campaigner today!
READ MORE:
- Harvard Study: Earmarks Hurt Job Growth, Harm Local Communities (5/28/10)
- Time to Cut Spending: Boehner Tells 55KRC Congress Is Borrowing $.43 Out of Every Dollar Spent (5/25/10)
- Boehner, GOP Push Better Solutions As Democrats Lose Credibility (5/19/10)
- Boehner: It’s Time to Stop All This Wasteful Government Spending (5/19/10)
- Boehner: Dem Policies Are “Making Matters Worse” for Ohio (5/18/10)
Tags: budget, deficit, health care, jobs, spending
