Washington Must Learn to Live Within its Means
Texas Insider Report: WASHINGTON D.C. U.S. Congressman Kevin Brady of Texas the top Republican on the Joint Economic Committee today released the following statement after voting in support of the bipartisan Budget Control Act which will cut spending advance the cause of a Balanced Budget Amendment and prevent America from defaulting on its obligations. The measure passed the House of Representatives 269- 161 and will go to the Senate tonight.
Enough is enough. Washington must stop spending and learn to live within its means.
Without this Budget Control Act the federal government would keep growing to over 23 of the economy this decade; with its passage the government shrinks to 21.6. Thats the direction President Reagan took our nation and the economy grew strong.
Today we cut government spending by the size of the stimulus. This fall we cut it again by the size of ObamaCare. Thats a start but hardly enough. I will continue to fight as long as it takes to stop heaping more and more debt on our children and until we force Washington to balance its budget."