Lee reacts to Obama’s press conference on national debt limit

 

WASHINGTON D.C. – Sen. Mike Lee, a member of the Joint Economic Committee issued the following statement in reaction to President Obama’s press conference today on the the upcoming debt ceiling debate:

 

“I agree with the president that we should not be a ‘deadbeat nation’ and that we should ‘stabilize our debt and our deficit in a sustainable way,'” Lee said. “The most balanced and least partisan way to do that is to enact a permanent, structural spending restraint, such as a balanced budget amendment to the Constitution, that requires Congress to live within its means. It would enable us to protect those who are most vulnerable, such as individuals on Medicare and Social Security, and ensure the viability of those programs for future beneficiaries. It would also forever remove the possibility of using certain groups, such as veterans and seniors, as political pawns in Washington’s budget battles, as well as end the practice of political brinksmanship in self-inflicted crises.

 

“The president says he wants to stabilize our debt, reduce our deficit, ensure we make important investments to improve our economy, and end political gamesmanship. I share his interest in these goals and hope he will join me in pursuing the right spending reforms so that we may achieve them.”

 

Submitted by the office of Sen. Mike Lee

 

Email: [email protected]

 

Twitter: @STGnews



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2 Comments

  • D Rex January 14, 2013 at 9:43 pm

    Mike Lee, another “blame Obama” Republican. Hatch must’ve taught him well. Isn’t it odd, that after so many terms in the Senate, the country is a financial mess? Weren’t these guys around when Bush brought the country to its knees economically? Worst recession since the great depression, brought to by Bush, Lee and Hatch.

  • Jason January 15, 2013 at 10:47 am

    It was the worst only because you haven’t seen what will happen because of the Obamabrigade. How is Obama better for the economy? He is spending much much more. Look at the cost of the entire Iraq war. It was pennies compared to what is being spent now.

    What is worse is that you liberals think it is ok and that we shouldn’t cut spending and have gridlocked any progress that could do so.

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