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Public Statements

Sen. LeMieux: Solutions Needed Now for National Debt

Press Release

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Date:
Location: Orlando, FL

U.S. Senator George LeMieux (R-FL) made the following comments during two forum discussions in Orlando and Tampa. LeMieux held town-hall meetings with constituents at the University of Central Florida's Downtown campus and at the Stetson University College of Law, Tampa Law Center. These discussions focused on possible solutions to America's long term budget challenges. LeMieux joined budget experts from the Peter G. Peterson Foundation and the Concord Coalition to discuss the magnitude and range of realistic solutions for our nation's debt problem.

"Washington spending is out of control and the size of our debt proves it. From the time I came to Congress until now, the public debt has increased by one and a half trillion dollars," LeMieux said. "We have a responsibility to the American people to rein in spending and ensure that every taxpayer dollar is spent wisely, not wastefully. Now is the time to make the difficult decisions, not somewhere down the road after we've passed along the burden to our children."

Senator LeMieux participated in today's forum with non-partisan federal budget experts including former U.S. Comptroller General David M. Walker (currently the CEO of the Peterson Foundation) and Concord Coalition Executive Director Robert L. Bixby. The panel of nationally recognized experts outlined the magnitude of the fiscal challenge, explained the consequences of doing nothing and described a range of realistic solutions.

BACKGROUND: Earlier this year Sen. LeMieux introduced a bill allowing Congress to cap federal spending at 2007 levels ($2.7 trillion). LeMieux's 2007 Solution would balance the budget by 2013 and cut the debt nearly in half by 2020. Sen. LeMieux has also proposed an amendment to the Constitution requiring a balanced Federal budget and giving the President of the United States Line item veto authority.


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