FOR IMMEDIATE RELEASE
ROCK HILL, S.C.—December 7, 2009—Today, S.C. Senator Mick Mulvaney issued a stern criticism of a plan by U.S. Congressman John Spratt and House Speaker Nancy Pelosi (D-Ca.) to increase the borrowing limit of the federal government. Mulvaney, a Republican from Indian Land, is challenging 14-term Democrat Congressman John Spratt in South Carolina’s fifth district.
Earlier this year, Spratt and Pelosi led the fight to increase the $12.1 trillion debt-limit by $925 billion to $13 trillion. Congress has already reached $12 trillion in debt and by the summer of 2010 the House-passed increase will all be spent and Congress will be forced to raise the debt limit just months before Congressional elections.
“It’s bad enough that Mr. Spratt wants to saddle future generations with record-breaking debt,” Mulvaney said, “but for him to conspire with Speaker Pelosi to ram a second increase through, and do so in order to avoid tough votes with an eye towards next year’s elections is unconscionable.”
“For years we’ve heard about John Spratt’s passion and concern about federal deficits and the national debt.” Mulvaney said. “If he is truly concerned about either, he’ll walk into Speaker Pelosi’s office, demand that Congress stop spending money we don’t have and offer a plan that cuts federal spending.”
“As Chairman of the House Budget Committee, John Spratt is finally in a position to do for us what he’s been promising for years,” Mulvaney said. “Congressman Spratt, stop the spending. Pay off the national debt. Eliminate the federal deficit.”
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Media Contact:
Al Simpson
al@MulvaneyforCongress.com
