Nebraska 2nd District Congressman Jeff Fortenberry is very concerned about the US Treasury report released earlier this week that the federal government in February ran a deficit of $223 billion, the largest monthly deficit in US history.
“The United States government is borrowing over 40 cents for every dollar and our national debt stands at $14 trillion. That is 45-thousand that each American owes. At each level of the government there needs to be shared sacrifice to restore fiscal order, help the economy and create jobs.”
Fortenberry then had strong words about the leadership of our country.
“However the House of Representatives can not run this government by itself. The president of the United States is virtually showing no leadership. Even as our debt problems continues to spin more and more out of control. He has been absent from serious debate and has virtually taken no steps toward implementing reform that his own debt commission recommended.”
Fortenberry says the House is doing what it can but is getting no cooperation from the rest of Congress or the administration.
“Instead, the president is content standing in Senate Majority Leader Harry Reed’s shadow deferring decisions to an unwilling Senate. The House of Representatives has taken meaningful and hard steps to stop overspending in the near term but the process of restoring fiscal responsibility can not be a one-way street. Together, Americans and all levels of government must dig our way out.”
Fortenberry has voiced support for a variety of budgetary controls that include a balanced budget requirement, presidential line item veto and a biennium budgeting process.