Thursday, April 14, 2011

Manzullo Votes To Cut Spending $315 Billion Over Ten Years

WASHINGTON – Congressman Don Manzullo today voted for legislation that cuts spending by $38.5 billion through this September and $315 billion over 10 years, ensures our military forces are paid, and averts a government shutdown by funding the federal government for the rest of the year.

Manzullo has this to say, "It has been an extremely difficult process trying to convince the President and Senate Democrats that our government is being swallowed up by debt and our nation is on the brink of economic disaster if we don’t start cutting spending significantly. Today’s legislation is a start on that path, but deeper cuts need to occur if we are going to improve our economy and allow our employers to put Americans back to work.

“The federal government will spend $1.6 trillion more this year than it collects in revenue. We borrow 40 cents on each dollar we spend. And the President’s ‘hold-the-line’ budget will increase our national debt from $14 trillion to $24 trillion the next 10 years. This has to stop in a big way. Today’s vote was about cutting billions of dollars, but the coming debate over the next budget will call for trillions of dollars of cuts. We have to get serious about cutting spending so we can improve our economy and help employers create jobs.” 

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