news

Congressman Bob Latta (R-Bowling Green) made the following statement today after voting against H.R. 4314, a bill that increases the limit of public debt held by the United States to $12.3 trillion.  

“Instead of taking a serious stance on our nation’s staggering debt, House Democrats today made the problem worse by permitting Congress to continue its out-of-control spending habits.  Families in my district and across the country live within their means, simply by balancing their checkbook- meaning they only spend what they earn.”  

“Unfortunately, this Congress has used its credit card, backed by American taxpayers, to fund trillions of dollars in new spending that we simply cannot afford.  President Obama continues to make this problem worse with spending proposals and programs that will double our nation’s debt by 2019.  We can no longer ignore this serious problem facing our nation.”

As of today, the national debt stands at $12,138,683,154,261.27, which leaves every American citizen responsible for $39,478.04.