Newsletter: The Webster Wire Budget Control Act Injects Accountability into Washington

Press Release

Over the past eight months, I have been alarmed not only by the size and scope of our spending problem, but the broken politics-as-usual method of doing business in Washington.

Despite being $14 trillion in debt, much to foreign creditors like China, lawmakers in Washington increased the debt ceiling 74 times since 1962 without attempting to address the underlying cause of the problem--Washington's reckless spending.

But today, that way of doing business changed.

The Budget Control Act, passed by the House by a vote of 269-161, is a collaborative initiative to protect our fragile economy and create jobs while taking a first step to reduce the debt. This is a modest, but extremely necessary step as we move towards a balanced budget and a government that spends within its means to create jobs and provide Florida's families with financial stability.

In the same framework as the Cut, Cap and Balance plan I cosponsored, the Budget Control Act:

* Cuts government spending in first year;
* Implements spending caps to restrain future spending;
* Advances a balance budget amendment;
* Includes no tax increases; and
* Cuts government spending more than it increases the debt limit.

This means:

* No more blank checks.
* No more credit without accountability.
* No more ignoring the serious spending problem our country faces.

Through thousands of letters, hundreds of calls, conversations at town hall meetings, and many tweets, Central Floridians have engaged in this process; I heard your voice loud and clear. It is because of your help and involvement that we prevented job-killing tax hikes and finally injected a measure of accountability into Washington.

Our work is not done.

The American people are ready for transformation in Washington that forces politicians to deal with the tough problems they were elected to solve. It has taken decades of failed leadership to arrive at this point, and it will take years of courageous action to correct our course. I am supporting the Budget Control Act because it represents a cooperative effort to begin turning off the spigot of spending.

Sincerely,
Daniel Webster

Source