My Statement on Debt Limit Vote This evening a bipartisan majority of the House recognized that Washington cannot continue its path of excessive spending, without enacting real reforms that will cut spending and create jobs.
To Remain a World Leader, U.S. Must Stop Mounting Debt The United States is a world leader and not just in the areas of research, democracy, or military supremacy; we’re also one of the top 12 countries in the world when it comes to government debt.
Working to Put Our Government’s Finances in Order This month I joined a majority of my colleagues in the House in funding the government through the end of this Fiscal Year (September 30th) and in passing a responsible budget resolution for next year.
Our Government Cannot Continue to Operate on a Week to Week Budget Congress and the President have hard choices ahead, but ones which will allow us to start to pay off our debts, reduce the deficit, and jumpstart our economy. The process of applying short term Band Aids to our budget is not fair to the American people.
To Remain a World Leader, We Must Balance our Budget Only once in our nation’s history have we ever paid off our national debt. Today, after years of deficits and borrowed spending initiated by both political parties, our federal budget is on an unsustainable path.
At a recent meeting of the Downtown Dayton Kiwanis Club, Congressman Turner spoke about our economy and his concerns with the federal debt and trade deficit.
Congress Should Pass a Budget For nearly seven months this year, Congress has failed to produce a budget. Each day, red ink continues to flow from Congress, further damaging the American economy. On June 23rd, 2010 the House Majority Leader said the House could not pass a budget until the bipartisan Commission on Deficit Reduction makes its recommendations – at the end of the year, after Election Day.
President Shifts Focus to Jobs in State of the Union Last week, the president appeared before Congress and the nation to deliver his first State of the Union address. During his speech, he presented his legislative agenda and national priorities to the American people. The president was correct in making job creation the central focus of his speech. Unfortunately, the president’s strategy for creating jobs and growing our economy by expanding government spending and continuing to flaunt the federal stimulus is the wrong approach.
Reckless Government Spending Threatens America’s Future The Obama Administration has increased pressure on Congress to pass health care reform before early August with seemingly little regard for the ultimate cost to the taxpayer. As the federal government continues to dive headlong into unprecedented debt with increasing speed, the Administration justifies each deeper plunge as “urgent.” What’s becoming clear to more Americans is an urgent need to slow down and consider the effects of too much deficit spending.
National Spending Bill Simply Not Good Enough Working American families have unfortunately felt the crunch of our nation’s economic downturn. As budgets have become tighter, families have had to make tough choices on how they spend their hard earned money. While American families have been making these tough decisions, Congress has spent the last year, under two different administrations, passing massive spending bills that have failed to effectively resuscitate our national economy. One such bill was the recently passed nearly $800 billion federal spending package. While some of the allocated funds are worthwhile, I opposed the bill because it spends money we don’t have on a number of programs that won’t stimulate our economy.
Government Bailouts Must Stop Eight months after Congress passed toxic asset relief, a growing number of Americans, including many in Congress, are questioning government bailouts. Furthermore, a poll shows more Americans want the President’s stimulus spending program halted. Both programs have thus far failed to achieve their goal of strengthening the economy and their ballooning of the federal budget deficit will ultimately do more harm than good.
