Today, CFA sent a vote alert to the House of Representatives warning members that we will rate a vote against the debt limit increase. Currently, Congress can vote to increase the statutory limit on its debt to support its reckless spending habits. From our alert:
After months of fiscal profligacy on the backs of the American taxpayer, Congress is now rushing to bail itself out for their spendthrift at the last minute, while continuing to spend billions of dollars in the other bills under consideration today.
Taxpayers across the country are dealing with lower bottom lines and smaller paychecks. They do not have the option of expanding their household budgets to support irresponsible spending with careless abandon, Congress should hold itself to the same standards, and rein in its wasteful spending.
Click here to read the entire alert.