Congressman Tim Griffin (AR-02) issued the following statement in response to the Joint Select Committee on Deficit Reduction's (known as the "Supercommittee") failure to reach an agreement:
"Our debt is a staggering $15 trillion because Washington spends too much, not because it taxes too little. I am disappointed that some on the Supercommittee insisted on raising taxes in a recession instead of focusing on fundamental reform of our tax code and Washington's spending addiction. The insistence that tax increases be included in any deal, while at the same time refusing to address the major driver of our debt -- entitlement spending -- doomed any chance the Supercommittee had of seriously dealing with this crisis and demonstrates that some in Washington still don't get it. I, along with my fellow House Republicans, voted for the bold reforms necessary to get this country back on track in the House budget in the spring, and I am ready to vote for them again."