Getting Spending Under Control
Our nation is $16 trillion in debt with no end of red ink in sight.
Our economy has been propped-up by bailouts and "stimulus packages" that have only increased our deficit and stuck working families with the tab. Meanwhile, the unemployment rate continues to hover above 8%, and the strength of the American dollar continues to wane.
Washington spending addiction must be cured. The result is that our excessive debt presents one of the greatest threats to our national security. We have all watched as many European countries teeter on the brink of insolvency, and we must work together to ensure America does not suffer the same fate. To do this Congress must pass a Balanced Budget Amendment to the Constitution. Maine is one of 49 states that has a Balanced Budget Amendment and it is time for the federal government to follow the states' lead. Middle-class families all across this country balance their budgets every day, it's high time Washington did the same.