Speaker Boehner on The Hugh Hewitt Show: Our Debt Imperils the Future for Our Kids & Grandkids

John Boehner

In an interview with Rep. John Campbell (R-CA), subbing in on The Hugh Hewitt Show yesterday, Speaker Boehner highlighted a statement from 180 economists who agree America’s spending problem must be addressed to help the economy grow and create jobs.  Speaker Boehner also discussed Republicans’ balanced budget, passed by the House yesterday, that will address the fiscal crisis that is jeopardizing the American Dream for future generations.  Here are a few excerpts from the interview:

Boehner: 180 Economists Say “Spending Is the Problem”:

“Well, we got a letter from 180 economists saying that spending is the problem, and that by reducing spending and putting us on a firmer fiscal path, we will give confidence to the economy and help grow the economy.  And that’s really the whole point, and this is where the president and I have a big disagreement.  He thinks that federal spending helps spur the economy.  But he doesn’t realize that we’re also running up deficits and debts that dampen economic activity.  And so 180 economists believe that cutting spending will improve our economy and put more Americans back to work.”

Boehner: “Our Budget Balances in 10 Years Has No Increase in Taxes,” Democrats’ Budget “Never Balances”:

“Our budget balances in 10 years and has no increase in taxes.  Their budget has a trillion dollars worth of tax increases and never balances. …  And the president says ‘well, my goal isn’t to balance the budget just for the sake of balancing the budget.’  So it’s going to be very difficult to reconcile this spending issue until people would recognize that at some point, you can’t continue to spend money you don’t have.  We’ve spent more money than what we’ve brought in 50 of the last 60 years.  Now no business can run that way, no household can run that way.  And this $16 trillion dollars worth of debt, and another trillion dollars this year, is not going to help brighten the future for our kids and our grandkids.” 

Boehner: “Our Debt Is Too Large, It’s Going to Imperil the Future for Our Kids Our Grandkids”:

“Right now, I think our spending is out of control, our debt is too large, and it’s going to imperil the future for our kids and our grandkids. …. I’ve watched leaders for 22 years kick this can down the road, kick it down the road and never want to deal with it, because it’s hard.  Well, I made up my mind two years ago.  We are not going to kick the can down the road. We are going to deal with our spending problem.”

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