Arrington Calls America’s Financial Outlook “Dire”
According to Congressman Jodey Arrington, the United States has never faced a debt load as the country is facing right now and even in times of was the fiscal outlook has never been so dire.
Arrington issued a press release on Thursday commenting on the United State hitting the debt ceiling. Arrington hit the Biden Administration and Congressional Democrats of out of control spending that has led to "record high inflation", "soaring interest rates", and "a staggering $31.4 trillion national debt – larger than the entire U.S. economy." In the press release Arrington made clear that the U.S. will meet it's obligations and called for Democrats to work with Republicans.
“Let’s be clear – we will pay our debts and protect the good faith and credit of the United States, but we will not allow the profligate spending of politicians to bankrupt our country and destroy our children’s future. A debt crisis looms large over the horizon and, if we fail to confront it, our nation will reap the disastrous and irreparable consequences associated with it.
“I encourage my Democrat colleagues to move beyond the tired, fear-mongering rhetoric about a debt default and work across the aisle on ways we can reduce our debt and restore fiscal sanity to our nation’s capital. Republicans are working in good faith to pair a debt ceiling increase with budgetary reform measures that will stave off a debt crisis and ensure the next generation of Americans inherit the same freedoms and opportunities we did, and I’m hopeful that we can reach bipartisan agreement like we’ve done in the past.”
Congressman Jodey Arrington will join The Chad Hasty Show on Friday at 9:05am on News/Talk 95.1 FM and 790 AM KFYO. The interview will be replayed at 6:35pm on the afternoon edition of The Chad Hasty Show.