05.05.15

Senator Perdue Statement On Final Passage Of Balanced Budget

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA), a member of the Senate Budget Committee, today released the following statement on the passage of the FY 2016 Budget Conference Agreement:

“While this budget is far from perfect, I’m encouraged by the progress we’ve made in a few weeks to fix six years of fiscal irresponsibility in Washington. For the first time in too long, both the House and Senate made it a priority to pass a balanced budget. This is only a micro-step in the right direction, and we still have more work to do. Over the next year, Congress has to commit to work every day to grow this economy, cut wasteful spending, balance our budget sooner, and develop a long-term debt crisis plan. Merely balancing the budget is not good enough.

“Our skyrocketing national debt is over $18 trillion. And there isn't enough urgency in Washington to rein that in. Worse than that, we have over $100 trillion in future unfunded liabilities primarily related to Medicare and Social Security. It’s time we face the reality and step up to save these safety net programs once and for all. That’s why we need to develop a long-term plan to produce a surplus each year so we can begin to pay down this outrageous debt and put our nation back on the path to fiscal responsibility.

“As an outsider to this process, I believe Washington can do better. We fundamentally need to change how we fund our federal government. Instead of allowing Washington to make excuses for spending more taxpayer dollars, we need to be more transparent and accurate in our overall budgeting and accounting of everything we are spending. Georgians want Washington to work, and I remain committed to fighting every day to solve this fiscal crisis by setting clear priorities and implementing bold solutions going forward.”