Today, Rep. Louie Gohmert (TX-01) released the following statement regarding President Obama's press conference about raising the debt limit:
"Once again this country is facing a fiscal challenge as a result of President Obama's reckless fiscal policy. The President says that this country "must pay its bills,' and I agree with him. Surely the President understands that we are not paying our bills right now. Under President Obama's stewardship, we're charging our bills to a credit card, running up the debt.
Every responsible financial advisor will tell you if you've run up more debt than you can pay, it's time to cut up the credit cards, put yourself on a responsible payment plan and to live within your means. We are borrowing money to fund President Obama's irresponsible, wasteful government.
Instead of acting responsibly, President Obama demands to spend trillions of dollars we don't have and is perfectly willing to leave the bill for our children and grandchildren. America's financial problems cannot be solved if Washington continues to ignore out-of-control spending. The President's press conference shows the American people that the White House is not interested in responsible spending.
It's time for sensible, no-nonsense action. Congress needs to cut up the President's credit cards, put in place a debt repayment plan and set this country on a responsible fiscal path."