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Capito Questions Adding Trillions In Debt In Federal Budget

Press Release

Date: April 2, 2009
Location: Washington, DC
Issues: Government Budget and Spending


Capito Questions Adding Trillions In Debt In Federal Budget

Rep. Shelley Moore Capito, R-W.Va., released the following statement today as the House of Representatives voted on a $3.5 trillion budget that will double the national debt in just over five years:

"Families across West Virginia are cutting back or looking for ways to do more with less," said Capito. "Congress, on the other hand, is debating a $3.5 trillion budget that taxes too much, spends too much and borrows too much."

"This budget paves the way to double the national debt in a little over five years and triple it in 10 years. This comes after $700 billion for a financial rescue, nearly $800 billion for economic stimulus and trillions more set-aside as guarantees on investments in the financial markets."

"For the sake of our children and grandchildren, this can't continue forever."


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