Fellow Idahoans,
In my last newsletter, I wrote that we are facing critical issues arising from out-of-control spending, a massive federal debt and slow job growth. What has changed since that time? Nothing, except gas prices approaching $4 a gallon in Idaho.
America continues to face a major financial crisis, yet only a handful of us in the Senate view it as such. When it comes time to vote on the debt ceiling, I will refuse to increase it unless major spending cuts and a balanced budget amendment are passed. Those who predict a financial crisis if the debt ceiling is not raised are correct, but they fail to note that an even larger financial crisis will occur if the debt ceiling is raised without a massive reduction in the deficit spending that is the norm in Washington.
In this newsletter I discuss further my thoughts on these important topics and, as always, appreciate your feedback.
I want to extend my sincere gratitude for the incredible privilege of representing you in the U.S. Senate. Vicki and I often talk about the great trust you have given us. I work every day to earn and keep that trust.
Risch Report Signature