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Public Statements

Cut, Cap, and Balance Act of 2011

Floor Speech

Location: Washington, DC

Mr. ADERHOLT. Mr. Speaker, it is no secret that our debt crisis is a result of Washington spending money it does not have and leaving the American people--both of today and future generations--with the devastating tab.

Spending money Washington does not have is the problem, so controlling Washington's spending must be part of the solution. The Cut, Cap and Balance Act delivers immediate spending cuts, puts in place reasonable spending limits going forward, and requires Washington to live within its means from here on out.

Since 2009, the national debt has increased by $3.7 trillion alone and today the national debt stands at nearly $14.3 trillion. That's $46,000 per American citizen.

Needless to say, we cannot continue down the same path and expect a different result.

The measures put in place through the Cut, Cap and Balance Act are important steps to getting America on a fiscally responsible path. It is the least we can do.

I am proud to support such a common sense solution and help get our country back on the right track. I urge my colleagues to do the same.

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