Debt Ceiling

Last August, President Obama signed the Budget Control Act of 2011 (BCA), which ultimately allowed for a debt ceiling increase of $2.1 trillion.  The largest increase in our nation’s history will bring the debt limit to an astounding $16.394 trillion, more than 100% of our economy.

Conservatives must resist any debt ceiling increase which is riddled with half measures and gimmicks and insist on historic reforms that will save the American dream for our children and grandchildren.