October 17, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement on the failure of Congress to cut spending at all this year, as reported by Investor's Business Daily citing U.S. Treasury data:
"U.S. Treasury data shows that despite promises to cut spending by at least $100 billion this year, spending in Washington, D.C. has increased in 2011 by $120 billion. That is simply unacceptable to the American people, who in 2010 voted to bring an end to Congress' out-of-control spending.
"With the national debt set this year to become larger than the entire economy, there is no time for mere window dressing to address the government's spiraling borrowing binge. In the midst of a credit crisis that is sinking the global economy, the last thing we need is more debt. Yet borrow-print-and-spend is all Washington, D.C. seems to offer right now."