House Budget Blueprint Press Conference

Washington, D.C. – Congressman McClintock delivered the following remarks during a Budget Committee press conference discussing the House Budget Blueprint:

Just as you cannot drink yourself sober, you cannot spend yourself rich.  You cannot borrow your way out of debt.  And you cannot tax your way to prosperity.  And yet, those are the three principles upon which Bidenomics is founded.

No nation in the world has ever spent, borrowed and taxed its way to economic health.  But many, many nations have spent, borrowed and taxed their way to economic ruin, bankruptcy and collapse.

Before any nation can ensure domestic tranquility, provide for the common defense, promote the general welfare – it must be able to pay for them, and our nation’s ability to do so is coming into grave doubt.

I believe this budget is a good faith effort to apply the principles of fiscal responsibility to federal spending before we are faced with a crisis that we can no longer pay for.

History is screaming this warning at us: nations that bankrupt themselves simply aren’t around very long.  Let that not be the legacy of this generation and let that not be the epitaph of the American Republic.