For Immediate Release
February 4, 2010
Contact: Kerry Niemcek
920-257-9746
Congressman Steve Kagen again followed Nancy Pelosi in leading our nation deeper in debt. Today, Kagen voted to raise the debt ceiling to an unprecedented $14.3 trillion.
“It is unconscionable that we are plaguing our children, our grandchildren – and now, our great-grandchildren — with this mountain of debt,” Eighth Congressional District Candidate Reid Ribble said. “This Congress has done nothing but spend future generations of this country into a black hole.”
Democrats — including Kagen – just voted in December to raise the ceiling to $12.4 trillion. Quickly, though, these free-spending politicians realized that they had spent even more than they planned for only a few short months ago. They raised the credit limit or the federal government would be out of money by the end of February 2010.
“How do we expect our economy to keep growing when each taxpayer is responsible for more than $113,150 of debt?” Ribble asked. “My grandchildren have a tax burden and they haven’t even entered kindergarten, much less have a job to pay off their debt. This behavior by Congress is simply insane.”
Ribble is calling on Congress to stop the spending spree now, not in 2011 as President Barack Obama suggested in last Wednesday night’s State of the Union speech.
“The State of the Union is disastrous,” Ribble said. “Congressman Kagen is on notice that the people of northeastern Wisconsin are watching and we are outraged.”
The depressing statistics on debt burden per taxpayer and per citizen can be found at http://www.usdebtclock.org/