Gov. Walker on budget-reform success

From a recent interview with The Daily Caller.

“The biggest thing we learned is that we’re doing the right thing,” he said.

“While other states saw massive lay-offs, they saw massive shut down of services, we were largely able to avoid that in Wisconsin because our reforms are working.”

Go to the source to see more of what Governor Walker had to say.

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A wake-up call

Comments from Congressman Reid Ribble on government debt and the financial crisis facing the country.

“What’s frustrating to me is the solution still is on the table in the Senate,” he said. Ribble was referring to a House measure, which the Senate tabled, that called for $4 trillion in government spending cuts over the next decade.

Ribble, who owned a roofing business before being elected to Congress last year, said the government’s debt issue is everyone’s problem. Government bond rates influence interest rates on an assortment of consumer loans.

“It will effect borrowing rates, and interest rates could sneak up because of it,” Ribble said. “There was a dramatic loss of wealth (Monday), which creates more uncertainty, which could lead to reduced amounts of capital for investments. This is a big problem.”

As Congressman Ribble points out, this is a wake-up call.

“Hopefully this will be a wake up call to not just the American people, but its government to get its fiscal house in order,” said Congressman Reid Ribble, a Republican representing the 8th District.

Time will tell if government finally gets what “we the people” have known for some time.

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Ribble statement on debt ceiling “deal” vote

In case you haven’t seen it, here is the statement released Monday following the vote on the not-so-perfect “deal”.

Washington, D.C.Representative Reid Ribble (WI-08) today voted in favor of the Budget Control Act of 2011. The bill passed the House 269-161 and will now proceed to the Senate.

“The biggest threat to our country’s long-term economy is not the debt ceiling, but rather the sizeable debt itself,” said Ribble. “The enormous debt that has accumulated through decades of limitless deficit spending has eroded our economy and put our children’s future at risk. I have said time and again that this destructive trend must stop with our generation or future generations are at tremendous risk. This bill begins that process.

“I’ve also said repeatedly that you get out of debt the way you got in it – over time and incrementally – and this is exactly what the Budget Control Act does. I wish it was the bill I helped author, Cut Cap and Balance, but The Budget Control Act achieves something that has not happened in decades: two consecutive years of reduced government spending.  The path to putting our nation’s fiscal house back in order will be long, but at least we’re starting to move in the right direction.

“While the plan does not provide the breadth of spending cuts I would like, it does structurally change our country’s spending habit through enforceable spending caps. It will hold Congress accountable for its spending and for the first time in 15 years, both the House and Senate will have a debate on a Balanced Budget Amendment to the Constitution.

“After accumulating $14.3 trillion debt and facing the threat of default, Congress finally quit bickering, set personal attacks aside and got to work. I wish it were stronger but this plan is a step in the right direction, not only for the government, but for the American people.”

Now let’s just hope it’s a step forward that isn’t followed by two-steps back.  In other words let’s take the next step and hold firm on pushing for some significant cuts.

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A look inside the Wisconsin budget debate

Great insight into the real issue.

A great primer considering the debate on the 2 year budget starts today.

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