(WASHINGTON)—House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) released the following statement on tonight’s House vote on the question of raising the debt ceiling:
“The American people have shown their willingness to sacrifice through tough economic times and Congress should follow their lead.
“Government debt is crushing our economic growth potential and saddling future generations with a crippling burden. Every dollar the government spends comes from either the taxpayers or is borrowed. Every dollar of spending that is cut is a dollar more that is left in the private sector to be reinvested, directly or indirectly, towards economic expansion and job creation.
“Making real spending cuts is just as important as avoiding default—you cannot do one without the other.”