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Westerman Comments on Ballooning National Debt

Statement

Date: Jan. 27, 2015
Location: Washington, DC
Issues: Government Budget and Spending

Congressman Bruce Westerman (R-Hot Springs) issued the following statement on the recent Congressional Budget Office testimony that the federal debt will balloon in the next decade:

"Projections from the CBO showing the nearly a doubling of the debt by 2024 is troubling and should be a wakeup call for the president and Congress. Washington has spent too many years kicking the can down the road, paying for government through budget gimmicks and cliffhanger votes to keep the lights on. We must seize the opportunity with this new Congress to start living within our means, and that starts with passing a budget that the president and the government will have to follow, just like every other hardworking Arkansas family."

The CBO report projected a rising debt beginning in 2018, with a doubling of the debt by 2024. Federal debt is projected to be $21.6 trillion by 2016.


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