The Smiths Spend WAY Too Much
Is it fair to spend so much today that our kids are massively in debt when they grow up? That’s the question facing the Smith family in the video below.
Our video may be light-hearted, but the subject is serious. As of this week, it’s been 3.5 years since Senate Democrats passed a budget. During that same time, the national debt grew by $5 trillion. And after four years in office watching Europe grapple with its own debt problems, President Obama still doesn’t have a plan to deal with ours. The word “irresponsible” does not even come close.
All this spending and debt weighs down our economy and threatens America’s ability to protect itself in a volatile world. When we owe so much to China and other countries, we owe it to ourselves to spend less and start balancing the budget.
My thoughts and prayers are with everyone who suffered the impact of Hurricane Sandy. Its passage left some astonishing images and turned lives upside down, but I am never surprised by how Americans go out of their way to help each other in times of trouble.
Congressman Jim Jordan
Chairman, Republican Study Committee
RSC Media Activity – RSC members work hard to ensure that the conservative viewpoint is well-represented in all corners of the media. Visit our Media Center for more.
· Rep. Tim Scott (SC-01): Rep. Scott Discusses the Fiscal Cliff on Your World with Neil Cavuto; Fox News, October 15.
· Rep. Steve King (IA-05): Kill Death Tax Choking the American Dream; Washington Times, October 17.
· Rep. Robert Hurt (VA-05): We Must Restore the American Dream; Richmond Times-Dispatch, October 19.
· Rep. Sam Graves (MO-06): Obama's Record of Overreach; The Hill, October 23.
RSC Member Activity – RSC members make it a priority to introduce productive, conservative solutions for America’s future.
· Rep. Tim Scott (SC-01) called on the U.S. Department of Defense to reclassify the 2009 shooting at Fort Hood, TX as an act of terrorism.
· Rep. Eric Cantor (VA-07) released a report, The Imperial Presidency, highlighting the result of President Obama’s disregard for the legislative process, which has been a breakdown in the rule of law and a reduction in economic growth and individual prosperity.
· Reps. Eric Cantor (VA-07), Spencer Bachus (AL-06), & Chairman Jim Jordan (OH-04) wrote with numerous questions to the Chairman of the Export-Import Bank after it submitted a legally required Business Plan that “does not adequately address Congressional concerns regarding the Bank's operations and exposure to risk.”
· Chairman Jim Jordan (OH-04) sent a letter to Secretary of State Hillary Rodham Clinton expressing concerns about the “inflammatory” and anti-Israel record of an individual chosen to represent the United States at the Organization for Security and Co-operation in Europe (OSCE).
Outlook – A quick look at what’s on the horizon.
· On Friday, the Bureau of Labor Statistics will release its report on October employment data.
· Daylight Saving Time ends this Sunday at 2 a.m.
· Election Day is next Tuesday, Nov. 6.
· The House will reconvene on Tuesday, November 13.
· RSC recently published an updated a Policy Brief on voter fraud.
· Stay up to date on budget and spending news with reports from the RSC Budget and Spending Task Force.
· House rules now require sponsors of legislation to provide a Constitutional Authority Statement that explains how Congress has the constitutionally-derived authority to enact their proposals. Click here to see liberals’ highly questionable attempts.
· Read the RSC Money Monitor to track how bills passed by the House affect budget authorizations, mandatory spending, and federal government revenue.