Camp Statement on U.S. Hitting Debt Ceiling

May 16, 2011 — Press Releases   
Full Committee   

Washington, DC – Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the U.S. government today reaching the $14.3 trillion debt ceiling.

“It comes as no surprise that Washington’s spending spree has resulted in us once again reaching the statutory debt limit.  The American people have no interest in simply increasing the limit absent serious steps to rein in spending.  I urge the Administration to demonstrate the leadership America expects from Washington and work with the Congress to enact significant reductions in government spending — including entitlement programs like Medicare — as well as needed structural reforms to how Washington sets the nation’s budget.”

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