"Deficit spending must end."
I'm a fiscal conservative who believes common sense business principles are in short supply in Washington. Spending is out of control. Endless deficits, now a record $1.55 trillion, and mounting federal debt, a record $12.8 trillion, are threatening the American Dream. The National Debt increased about $1.6 trillion in 2009 alone, and it just keeps growing.
Congress has to start acting more like the millions of Americans who face difficult financial decisions every day. When credit and money are tight, families make tough choices. It is time for Congress to make the same kind of tough choices instead of raising the federal debt ceiling. Unfortunately, Washington doesn't get it. As Senator, I would support a balanced budget Amendment to the Constitution because in the alternative, endless budget deficits and unthinkable debt will cause long-term damage to the economy.
Deficit spending must end. You can't spend your way out of debt. Fiscal discipline -- true fiscal discipline -- means not only cutting taxes but also reducing spending.