Press Release: Fiscal Irresponsibility and the Democrat Congress:
For the second time in less than three months, Democrats have voted to raise the debt ceiling.
Yesterday, February 5, 2010, the House has voted to increase the national debt limit from $12.3 trillion to $14.294 trillion, an increase of $1.9 trillion.
Ø An increase of $1.9 trillion is the equivalent of an increase of $6,157 per person ($1.9 trillion divided by 308,611,076 – current U.S. Population estimate according to the U.S.
Census Bureau)
Ø The new debt limit total of $14.294 trillion is the equivalent of $46,319 per person ($14.294 trillion divided by 308,611,076 – current U.S. Population estimate according to the
U.S. Census Bureau)
House Democrats also voted to increase the debt limit on December 16, 2009 by $290 billion. (H.R. 4314, Roll Call #988)
One Democratic leader defended their reckless behavior by saying the following:
House #3 Democrat: We Need To 'Spend Our Way' Out Of Recession. "'We've got to make some decisions here as to what's in the best interests of our country ... We're not going to save our way out of this recession ... We've got to spend our way out of this recession ...' Obama's budget, which was unveiled Monday morning, calls for $3.8 trillion in spending for 2010, but is projected to cause a $1.27 [trillion] deficit." (Michael O'Brien, "Clyburn: 'We've got to spend our way out of this recession'," The Hill, 2/1/10)
The Democrat leaders in Washington are out of touch with the people of the 13th District. Continued spending and increased deficits are not the answer. We must focus on policies which promote smaller government, are fiscally conservative, and bring jobs back to the people of Staten Island and Brooklyn so that our small businesses have the chance to invest and create even more opportunities for the future.
