For the fourth time since July 2008, the Democrats have had to increase the federal debt limit in order to accommodate their reckless spending. I voted against raising the debt limit. The problem is not that our debt limit is too low; it's that spending is too high. The federal government is now over $12 trillion in debt. If Washington pays back one dollar of that debt per second, it would take nearly 32,000 years to pay back one trillion dollars. To pay back all of what our federal government owes today it would take nearly 400,000 years.
These are staggering numbers. Congress has been irresponsible with the economic security of our nation by spending until they legally cannot spend any more. Instead of slowing down the pace, they are ramming through more big ticket items such as health care, stimulus packages, and cap and trade. Enough is enough.
Last week I asked you if you would support a third stimulus package. Here are the results:
93.17 % said No
6.83 % said Yes
We'll never get our spending under control unless we take serious steps to balance the budget. Please take a moment to share your thoughts by answering the survey below.