May 16, 2011, Fairfax, VA—Americans for Limited Government (ALG) President Bill Wilson issued the following statement today responding to the U.S. debt ceiling:
"Today marks a turning point in the national debate over U.S. government spending. Our nation's debt now surpasses the $14.3 trillion debt limit set by Congress. The President and Congress can no longer avoid dealing with the economic consequences of the runaway spending that has resulted in accumulating more than $4 trillion in debt over the past three years alone. It is time for President Obama to get serious about real spending cuts now, as the clock has run out on economy-wrecking fiscal irresponsibility."