WASHINGTON, D.C. — House National Commission on Fiscal Responsibility and Reform failed to secure the votes necessary to submit its recommendations to Congress: (R-OH) issued the following statement after President Obama’s
“The fiscal commission’s report provides a sobering look at the tough choices that lie ahead, and I thank Chairmen Bowles and Simpson, and the members of the commission, for advancing our national dialogue on this critical issue. As I have said before, we need to have an adult conversation with the American people about the scope of our fiscal challenges, and I believe the commission’s work will help do that.
“I’m especially appreciative of the work of the three House Republicans who served on the panel. , , and Jeb Hensarling will play leading roles in our new majority’s efforts to keep our pledge to America to cut spending and reduce the size of government.
“Washington’s spending spree threatens our children’s chase for the American Dream. At a time when the federal government is borrowing 40 cents of every dollar it spends, the need for immediate and decisive action to stem the tide of red ink could not be clearer. Democrats and Republicans don’t have to wait until January to start cutting spending. We can get started right now, and we should.”
Friday, December 03, 2010
Boehner on Debt Commission Fail