Lankford: More Debt, No Solutions

Statement

Date: Jan. 18, 2012
Location: Washington, DC

Congressman James Lankford (R-OK) voted today to deny President Obama the ability to raise the debt ceiling another $1.2 trillion.

"During the debt ceiling conversations last August, President Obama promised he was ready to get serious about our national debt. Since then, his leadership has all but disappeared," said Congressman Lankford. "If the White House is not going to get serious about our fiscal mess, I cannot condone giving them additional authority to spend money we do not have.

"Our national debt is a terrible consequence of Washington's lack of discipline, but the bigger problem is that we currently have no plan to get out of this hole," continued Congressman Lankford. "When the Budget Control Act was passed last summer, we made a commitment to the country that the status quo was unacceptable. Unfortunately, no real progress has been made in the past year -- only more debt without any solutions.

"I refuse to grant the President's request for more debt as long as he maintains this unsustainable spending spree without a plan to solve the problem."


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