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Foxx: Growing Debt Demands a Balanced Budget


Location: Washington, DC

Congresswoman Virginia Foxx issued the following statement upon today's passage of the Republican Path to Prosperity budget for the federal government from the House of Representatives:

"America's growing debt is real and Congress has a responsibility to deal with it. The first step has to be controlling government spending through the passage of a balanced budget. House Republicans, with the leadership of Budget Committee Chairman Paul Ryan, today took the lead in the nation's capitol by approving a budget that not only balances revenue and spending in ten years, but will spur economic growth and confidence, protect key safety net programs for the future, and increase opportunity for every American. As we North Carolinians know, a roadmap is needed to achieve goals. The Path to Prosperity budget is the roadmap the country needs.

"The choice now lies with the President and Senate. Will they choose to follow House Republicans' lead with budgets that balance and begin to solve the debt problem, or will they double down on taxes and spending and thereby resign the country to a future of compounded debt? My hope is that they choose balance."

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