Opinion

We must redouble our efforts to end Washington's unsustainable spending

Wednesday, November 23, 2011

Over the past several weeks, Washington has had multiple opportunities to address the nation's massive spending problem. Instead, the only thing Congress was able to accomplish was prove again how broken Washington has become. Despite the setbacks, we must redouble our efforts to end the unsustainable spending going on in our nation's capital.

The need to cut spending and balance our books like every Nebraska family does has grown more urgent in light of our national debt exceeding $15 trillion, or $128,000 for every household in America. Our ballooning debt is mortgaging our children's future and adding to the economic uncertainty paralyzing job creators. Correcting our country's unsustainable fiscal pattern is not just an economic issue, it is a moral issue.

Nebraskans understand the source of our fiscal mess isn't because we tax too little, but rather because we spend too much. That is why after President Obama and a complicit Congress added trillions to the debt in just two short years, Republicans told the president if he wanted our help to pay his bills, he had to cut up the credit cards.

But Republicans control only one-half of one-third of the federal government. As a consequence of divided government, finding an agreement on spending cuts and taxes has been difficult, and Congress has squandered major opportunities to rein in Washington's out-of-control spending. We were unable to pass a Balanced Budget Amendment to the Constitution because it could not get enough bipartisan support, and the Joint Committee on Deficit Reduction could not come to an agreement because Democrats would not drop a proposed trillion dollar tax hike on the very people we are depending on to create jobs.

It never should have reached this point. Congress should take a page from Nebraskans whose frugal ways reflect good, old-fashioned commonsense. In Nebraska, we have a balanced budget requirement just like 49 other states. As a result, we continue to live within our means and have not fallen into the trap of overspending which has stymied the national economy.

We cannot continue to keep spending money we don't have. History shows no nation has ever borrowed, taxed, and spent its way in to prosperity. No Nebraska family or business could operate the way Washington has over the years and survive financially. But time has not yet run out for us to meet the challenges of addressing our massive debt. The House will press onward with the commitments we have made to reducing government spending and removing barriers standing in the way of private-sector job growth.

While we did not achieve all of the desired outcomes, our efforts have brought our enormous fiscal challenges into greater focus. We must continue to work toward a permanent solution to our spending-driven debt crisis so our nation can remain the beacon of hope and opportunity for the world it has always been. Doing anything less is not an option.

For more information about this issue, the latest developments in Congress, or to sign up for Congressman Smith's e-mail newsletter, please visit http://adriansmith.house.gov

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  • Although I do agree with cutting spending. We also need to do away with the bush tax cuts. Doing away with temp cuts is not raising taxes. Another thing that rep/tea party members tend to overlook is a large portion of the added debt since obama took office was the fact he had the balls to put the wars on the books (Bush didn't). By bush not putting these on the books it didn't reflect how much damage the temp tax cuts had. No one in their right mind cuts income while increasing costs.

    I will note that I am an independent myself and am dissapointed by both parties over the current situation. As in most cases when you have two extreme points of views on what to do something in the middle is correct.

    [qoute]Nebraskans understand the source of our fiscal mess isn't because we tax too little, but rather because we spend too much.

    In the future please don't lump all nebraskans to your shortsighted views.

    -- Posted by carlsonl on Wed, Nov 23, 2011, at 5:01 PM
  • "History shows no nation has ever borrowed, taxed, and spent its way in to prosperity."

    Tell that to Reagan.

    -- Posted by bberry on Wed, Nov 23, 2011, at 5:07 PM
  • Now Now Bberry don't be trying to disprove the ideals of the repubs SAINT REAGAN. The only thing he was good at was "acting" like a good president. But I suppose every group needs an idol. Just sad that Reagan died so they had to move on to Palin.

    -- Posted by carlsonl on Wed, Nov 23, 2011, at 5:10 PM
  • Anyway on a more serious note. Mr. Smith I dare you to start tackling the real problem in washington and impose term limits and make lobbists illegal. Then we can get campaining and money controlled gov't out of the way of fixing the country to serve everyone not just a select few.

    -- Posted by carlsonl on Wed, Nov 23, 2011, at 5:17 PM
  • Yeah well at least Mr. Smith can spell!

    -- Posted by bberry on Wed, Nov 23, 2011, at 5:24 PM
  • Yeah I know. Not the best speller here. Oh well, if my point is lost on a couple spelling errors then we are in far more trouble then previously thought.

    -- Posted by carlsonl on Wed, Nov 23, 2011, at 5:26 PM
  • Pretty much all I had.

    -- Posted by bberry on Wed, Nov 23, 2011, at 5:27 PM
  • *

    "In Nebraska, we have a balanced budget requirement just like 49 other states. As a result, we continue to live within our means and have not fallen into the trap of overspending which has stymied the national economy."

    Not really, Representative Smith:

    For the last several years (at least)

    Nebraska has received about 40 percent of our State budget from Federal funding. The Comprehensive Annual Financial Report (CAFR), Fiscal Year ending June 30, 2010 (not including University of NE or state college receipts) shows Nebraska received 39 percent of its budget from FEDERAL FUNDS.

    http://nebraskaspending.gov/received/index.htm

    Nebraska cutting spending? That is a crock of hogwash, Representative Smith! Nebraska's Spending Increased 65% 2000 -- 2010 ...

    From the State Treasurer's Nebraskspending.gov

    http://nebraskaspending.gov/history/index.php

    2010 $9,590,307,673

    2009 $9,136,917,676

    2008 $8,711,994,668

    2007 $8,164,016,229

    2006 $7,975,526,250

    2005 $7,495,714,112

    2004 $7,104,161,484

    2003 $6,807,374,471

    2002 $6,582,831,022

    2001 $6,058,040,449

    2000 $5,800,835,535

    Stop blowing smoke up our butts about how "thrifty" Nebraska is ... This state is just as much addicted to spending as are the establishment fools in Washington D.C. ... and political party does not make a shred of difference. The American people are on to your game of doubletalk, and we have had enough of this crap sandwich.

    -- Posted by Bruce Desautels on Wed, Nov 30, 2011, at 10:08 PM
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