Employment Resources

Job Banks Buttons

  • Social Buttons



Connect with Carter

  • Connect with Carter

     
     

Search A Bill

Office Location

  • Office Locations

    Washington, D.C. Office
    409 C.H.O.B.
    Washington, D.C. 20515
    (202) 225-3864

    Round Rock District Office
    One Financial Centre
    1717 North IH 35
    Suite 303
    Round Rock, TX 78664
    (512) 246-1600

    Bell County Office
    6544B S. General Bruce Drive
    Temple, TX 76502
    Located next to the DPS office
    (254) 933-1392

Contact John

E-Newsletter Signup

Print

Debt Limit Analysis – What Congress Was Shown This Morning

07/15/11

For immediate release: July 15, 2011

(WASHINGTON, DC) – This morning House Republicans were provided with a budget briefing by the Bipartisan Policy Center containing the facts and figures on the nation’s current debt situation, and the choices available for balancing the budget.


“This data is useful for examining the realities of the deficit spending problem,” says Carter, “and I would like for folks in Texas to have a look at what we’re being shown up here. Take everything with a grain of salt since this is from Washington, but in context with other information from other sources this provides a decent foundation for examining the challenge we face from out-of-control federal spending.”  


Balancing the Federal Budget - Try It Yourself


From the Bipartisan Policy Center: The federal government has an estimated $306.7 billion in payment obligations for August 2011 after the 2nd of the month. The U.S. will take in $172.4 billion in revenue from August 3 to 31, 2011. Check out the following tools to make the difficult choices that would prioritize programs and balance the books:


•    Bloomberg Government's Debt-Limit Bubble tool
•    PBS NewsHour's Daily U.S. Government Income and Expenditures tool
•    The Washington Post's You choose: who gets paid (and who doesn’t) tool

Attached files
•    Download the full methodology here (237.22KB PDF)
•    Download the full analysis here (1.60MB PDF)

 

www.house.gov/carter
Contact: John.Stone@mail.house.gov; (202) 225-3864
U.S. Rep. John Carter
31st District of Texas
409 Cannon House Office Building
Washington, DC 20515