Rep. Scott Garrett (R-NJ), Vice Chairman for the House Budget Committee and Chairman of the Budget and Spending Task Force for the Republican Study Committee (RSC), issued the following statement today after President Obama requested that the statutory debt ceiling be raised by another $1.2 trillion:
"New year, same president, same story--zero fiscal discipline, surging debt and failed leadership. In the face of mounting evidence that our country's debt crisis is reaching a tipping point, warnings from the president's own bipartisan debt commission and repeated outcries from the American people, the Obama administration now wants to pile another $1.2 trillion of debt onto the backs of our children and grandchildren.
"Time and again, House Republicans have brought forth real solutions to address our fiscal crisis only to be met with empty chairs at the negotiating table because of the president's refusal to step up and lead on the single, greatest threat to our country's future. While the president and Senate Democrats hit the campaign trail with divisive rhetoric and more empty promises, House Republicans will remain in Washington working on solutions to balance the budget and pay down the debt."