Giannoulias Unveils Fiscal Discipline Agenda

Press Release

U.S. Senate nominee Alexi Giannoulias outlined a series of proposals today to restore fiscal discipline in Washington, D.C. and bring down the national debt. His plan, which is one of a series of comprehensive proposals to get our economy moving again and restore accountability to Washington, D.C., stands in stark contract to Republican Congressman Mark Kirk's call to return to the economic policy embraced by George W. Bush.

"It is a simple truth that under President George W. Bush, the national debt doubled. Congressman Kirk voted for every one of those debt-doubling budgets," said Giannoulias. "He even managed to vote himself a pay raise six times. So when Congressman Kirk tells you he is a fiscal conservative, you know that's about as true as his claims to have come under fire in combat, claims he even admits are not true."

Growing federal deficits and debt threaten to continually push our weak economy back into recession and put the U.S. at a significant disadvantage with our global competitors. As the United States becomes more beholden to large creditors like China, America's sovereignty and national security are compromised. Alexi believes that erasing yearly budget deficits and paying down the national debt should be the number one fiscal priority when we rise out of the current recession.

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