Press Releases

On Tuesday, March 3, 2015, Congressman Steve Womack (AR-3) gave a special order speech on America’s economic outlook and President Obama’s fiscal year (FY) 2016 budget on the Floor of the U.S. House of Representatives.

“I see a tremendous burden that is growing every day, every week, every year that [my grandkids] have had nothing to do in creating, and that is a mountain of debt and interest payments for borrowed money that go as far as the eye can see.

“The only budget that we have laying out there right now is the President's budget. It arrived on time. It never balances – never – and continues to add a lot of taxes and a lot of debt and a lot of interest burdens… if you rolled it out for 10 years, in the 10-year window before [Liam] can vote and before [Kaden] turns 12, the net interest on the debt will rise to $785 billion a year.  That is not a sustainable path.”

The full video can be found here.

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