Congressman Patrick McHenry (NC-10) issued the following statement tonight after his vote in favor of the House-passed Budget Control Act, legislation that will prevent a default on our national debt, while cutting $22 billion in spending next year and $917 billion over the next 10 years.
"Navigating our way out of this debt crisis requires responsible governing. Earlier this year when the government was on the brink of a shutdown, I voted against Speaker Boehner's compromise with President Obama because it didn't cut enough spending. The plan I voted for tonight makes real and substantial cuts to the federal budget. While President Obama attempts to raise taxes and delay confronting our debt crisis until after the 2012 elections, our plan rejects the notion that higher taxes can solve our problems. Raising taxes is the last thing that we should be doing in this economy.
"I have heard your message loud and clear. Tonight, House Republicans put substantive policy before presidential politics. The consequences of inaction are dire -- our impeccable credit rating and the health of our economy hang in the balance. Our plan contains real spending cuts and forces the Senate to vote on systemic reform. Finally, while this is the first step to real fiscal restraint, the only way to truly fix Washington's spending addiction is to enact a Balanced Budget Amendment to the Constitution."