|
|
 |
|
|
FOR IMMEDIATE RELEASE
March 11, 2010 |
|
|
|
| |
|
Walden helps lead new GOP policy to ban earmark spending projects
|
|
| |
|
|
| |
|
March 11, 2010 -
WASHINGTON, DC - House Republican Leadership Chairman Greg Walden (R-Ore.) released the following statement on the decision by House Republicans to place a moratorium on all earmarks:
“Federal spending is out of control and unsustainable. The American public is sick and tired of it, and changing the long-standing broken ways of Congress is overdue,” Rep. Greg Walden said. “As a small business owner of more than 21 years, I know how important it is to run a balanced budget. Congress could take a lesson from small business owners and local governments on how to manage a checkbook, and a moratorium on earmarks is a good first step. But there’s a long way to go to get the flawed budget process under control. Congress simply cannot continue on the reckless borrow and spend ways of the past.”
An Associated Press story published yesterday noted that the federal government produced a $1.4 trillion deficit last year alone, and is expected to register an additional $1.6 trillion in debt this year. Next year, the federal government is expected to run another deficit of over $1 trillion.
Prior to 2008, the federal deficit never topped $459 billion, but it is expected to average $900 billion in red ink over the next ten years.
In years past, Rep. Greg Walden has maintained a policy of only passing earmark requests to the Appropriations Committee on behalf of non-profit or local and state government entities proposing projects to directly benefit Oregonians. He was one of the first members of the U.S. House to adopt a policy of transparency and post his earmark requests on his website.
|
|
|
 |
Home | Privacy Policy | Site Tools | Contact Me
This Home Page is maintained by the office of Congressman Greg Walden.
Please click on the "Contact Me" link above or the "Email Greg" link to the left to submit comments. |
|
