Will Dems Continue to Spend & Borrow Money We Don’t Have from Countries like China?

May 10, 2011

FYI, a similar version of this release below went out to the following districts: Jason Altmire (PA-04), John Barrow (GA-12), Sanford Bishop (GA-02), Tim Bishop (NY-01), Dan Boren (OK-02), Bruce Braley (IA-01), Dennis Cardoza (CA-18), Ben Chandler (KY-06), Jim Costa (CA-20), Henry Cuellar (TX-28), Joe Donnelly (IN-02), Martin Heinrich (NM-01), Brian Higgins (NY-27), Ruben Hinojosa (TX-15), Tim Holden (PA-17), Dale Kildee (MI-05), Ron Kind (WI-03), Larry Kissell (NC-08), Rick Larsen (WA-02), David Loebsack (IA-02), Jim Matheson (UT-02), Mike McIntyre (NC-07), Jerry McNerney (CA-11), Michael Michaud (ME-02), Bill Owens (NY-23), Frank Pallone (NJ-06), Gary Peters (MI-09), Nick Rahall (WV-03), Mike Ross (AR-04), Kurt Schrader (OR-05), Heath Shuler (NC-11), Adam Smith (WA-09), John Tierney (MA-06), Pete Visclosky (IN-01), Tim Walz (MN-01)
Will Shuler Continue to Spend & Borrow Money We Don’t Have from Countries like China?
New Debt-Reduction Benchmark Would Require Cuts Greater than Debt Ceiling Hike Amount

Washington — House Speaker John Boehner unveiled a new benchmark yesterday that would require any increase in the debt ceiling to be accompanied by spending cuts of greater value. This gives North Carolina Democrat Heath Shuler another opportunity to finally support having the government live within its means. Should Shuler and his Democrat colleagues decide to reject this new rule, it would instead mean that they are committed to continue spending and borrowing from countries like China unchecked and without restraint. Will Shuler finally start taking our debt problem seriously, or will he join his fellow Democrats who are demanding a blank check from the American people instead?

“Heath Shuler now has a clear choice to make. He can either support this rule that ensures we stop the endless spending and borrowing, or he can join his numerous fellow Democrats who are instead demanding an unrestricted blank check from the American people to keep spending irresponsibly,” said NRCC Communications Director Paul Lindsay. “Americans want an end to Washington’s addiction to spending and borrowing from foreign countries like China, and rejecting this new rule would prove Shuler is more interested in doing right by his Washington Democrat friends than in protecting the economic outlook for North Carolina families.”

This new rule would be a significant and necessary step to reversing the impending fiscal disaster, in contrast to the Democrats who have soundly rejected efforts to stop their spending and borrowing spree:

“The top Republican in the Congress on Monday laid down a tough new yardstick in talks over the nation’s debt, telling Wall Street that spending cuts must exceed any boost to the U.S. borrowing limit.” (Michelle Nichols and Andy Sullivan, “Boehner raises the bar for cuts in debt talks,” Reuters, 5/10/11)

If Heath Shuler wants to demonstrate that he is serious about tackling the debt crisis he and his fellow Democrats helped create, he should support this new benchmark requiring a debt ceiling increase be accompanied by cuts of greater size. Otherwise, Shuler is essentially calling for a blank check from the American people as many of his fellow Democrats already have.

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