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Griffith Statement on Super Committee

Statement

Date: Nov. 21, 2011
Issues: Economy and Fiscal

Congressman Morgan Griffith (R-VA) issued the following statement today after the Joint Select Committee on Deficit Reduction (Super Committee) announced that they failed to develop a deficit reduction plan:

"Today's announcement is a disappointing outcome. The 12 member Super Committee was charged with creating a $1.2 trillion deficit reduction package over the next 10 years. Now, after months of negotiations, the result is a stalemate, which offers no clear path for reducing our massive debt.

"The bottom line is that we have to stop spending lots of money we do not have. Our $15 trillion national debt and 9 percent unemployment rate are clear examples that throwing money at our problems does not work. We need a disciplined plan to cut spending, which will encourage investment in the economy and create jobs."


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