POLITICAL SPEECHES & DOCUMENTS
DEBT CEILING SHOWDOWN: OBAMA VS CONGRESSIONAL LEADERS
Source: GOP.gov, 7-23-11
In this week’s address, House Republican Conference Chairman Jeb Hensarling (R-TX) outlines the Cut, Cap and Balance Act passed in the House of Representatives this week. It is designed to cut wasteful government spending, cap future spending and put in place a Balanced Budget Amendment to ensure a prosperous economic future for our children and grandchildren. It is the only viable plan that will spur job creation in our country without raising taxes on the American people. The president and Senate Democrats have failed to come up with their own plans to save our economy. It’s time for them to stand with the American people and House Republicans to get our fiscal house in order.
