Ohio 16th District
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2012 Press Releases
Government spending is a continuing problem in Washington. Our national debt has eclipsed the size of our entire economy and surpassed the $17 trillion mark. American families and business owners have to balance their books every day, why shouldn't our government do the same? Unfortunately, there are still far too many politicians in Washington who believe in one set of rules for their constituents and another for themselves. I believe that we have a fundamental responsibility to our children and future generations to pass on an America with greater opportunity and more freedom.
In 2012, our country spent $3.5 trillion, a debt that has doubled in just five years – and under the current course, will only get worse. Baby boomers are retiring every day, health care costs are rising, and Medicare and Social Security are nearly broke. There is no question that spending is driving our debt, and 48 percent of that debt is owned by foreign entities.
I will continue to fight for a balanced budget by reining in excessive spending, tackling the drivers of our debt, strengthening retirement security, and instituting a fairer, simpler tax code. Families must live within their budgets, and it is time that the federal government does the same so that we can ensure our children and grandchildren have even greater opportunities and inherit a stronger, more sustainable America.
- I have introduced a bipartisan bill that would bring more accountability and transparency to the federal government’s financial statements. This bill would lead to a better understanding of government spending, which would ultimately allow congress to balance the budget and reduce debt.
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