U.S. Sen. Mike Johanns (R-Neb.) released the following statement as the national debt today surpassed $16 trillion:
"Our nation's ever-increasing debt shows a serious lack of leadership from this Administration -- the same Administration that promised to lead by cutting our deficit in half," Johanns said. "Instead, our debt has grown $5 trillion. This fiscal crisis, however, doesn't just impact one party. It affects every American, and that's why I'm working across the aisle to find a solution.
"Both parties must come together to reduce spending and reform our nation's antiquated tax code so the country we leave for our children and grandchildren is as prosperous as the one we inherited."
Johanns spent the month of August traveling across Nebraska talking about our country's economy and debt. He is also part of on-going, bipartisan discussions to develop a comprehensive solution to our nation's dire fiscal situation.