Gohmert Issues Statement on Debt Limit

WASHINGTON � U.S. Representative Louie Gohmert of Tyler is voicing concerns about efforts to address the country�s debt. Gohmert released a statement Wednesday regarding President Obama�s press conference about raising the debt limit. Gohmert says, �Once again this country is facing a fiscal challenge as a result of President Obama�s reckless fiscal policy. The President says that this country �must pay its bills,� and I agree with him. Surely the President understands that we are not paying our bills right now. Under President Obama�s stewardship, we�re charging our bills to a credit card, running up the debt.

�Every responsible financial advisor will tell you if you�ve run up more debt than you can pay, it�s time to cut up the credit cards, put yourself on a responsible payment plan and to live within your means. We are borrowing money to fund President Obama�s irresponsible, wasteful government.

�Instead of acting responsibly, President Obama demands to spend trillions of dollars we don�t have and is perfectly willing to leave the bill for our children and grandchildren. America�s financial problems cannot be solved if Washington continues to ignore out-of-control spending. The President�s press conference shows the American people that the White House is not interested in responsible spending.

�It�s time for sensible, no-nonsense action. Congress needs to cut up the President�s credit cards, put in place a debt repayment plan and set this country on a responsible fiscal path.�