"Washington has taxed too much, spent too much, and borrowed too much over the years. We must now start to restrain the annual spending in order to reduce our deficit and slow the growth of our long-term debt," explained Congressman John Shimkus (R, Illinois-19) after he voted for the Continuing Resolution for fiscal year (FY) 2011 appropriations.
The Continuing Resolution, which passed the House very early Saturday morning, would fund the federal government from March 4 to September 30, 2011. Republicans proposed $100 billion in cuts from the budget President Obama proposed last year. Those cuts are split between security areas ($19 billion in savings) and non-security areas ($81 billion).
"This whole week we debated additional cuts," Shimkus said. "But we are still going to spend over one trillion dollars on discretionary spending, which is much higher than traditional levels."
Earlier this month House Budget Committee Chairman Paul Ryan (R, Wisconsin-1) said, "Washington's spending spree is over."
Shimkus added, "The stimulus and higher spending over the last two years have increased our expenditures dramatically, that is why we want to move federal spending back to 2008 levels. The President's budget proposal for FY2012 starts with a deficit over $1.6 trillion If we do not take action -- dramatic action to some -- we will never reduce our annual deficit and our long-term debt.
"Finally, I understand that these cuts will be felt. And they will be felt in Illinois by real people; however, we must start somewhere!"