Congressman Ben Quayle (R-AZ) released the following statement Tuesday after the House passed the Cut, Cap and Balance Act of 2012. Rep. Quayle was a cosponsor of the bill which passed 234 to 190.
"Last Friday, President Obama said "we don't need a constitutional amendment to do our jobs.' Given his record on spending, including the staggering $3.7 trillion added to the national debt since he took office, it should come as no surprise that he is unwilling to take serious measures to control government spending.
"President Obama has stated that he will veto the Cut, Cap and Balance Act which is the only plan that reins in our debt while also paying for our past debt obligations. Once again, the president is leading from behind on an issue of grave national importance. He has not offered a single plan during this process--only speeches and sound bites that distort reality and obfuscate the issues. Today, the Republican House has again taken the lead to get our fiscal house in order. The Cut, Cap and Balance Act provides the reform we need so future generations inherit a more prosperous America."