Washington has a “spending addiction,” Senate Majority Leader Mitch McConnell (R-Ky.) told CNN’s “State of the Union” on Sunday. “We are exploding our spending. We’ve added $6 trillion to the national debt in just four years. We’ve got to begin to cut spending, and we promised the American people we’d do it a year-and-a-half ago, and we’re going to do it.”
McConnell said the “modest reduction of 2.4 percent in spending over the next six months is a little more than the average American experienced just two months ago” when the payroll tax holiday expired, resulting in reduced paychecks.
“By any objective standard, cutting 2.4 percent out of $3.6 trillion is certainly something we can do,” McConnell insisted.
“I’m absolutely confident we’re going to reduce spending (by) the amount of money that we promised the American people we would in the law the president signed a year-and-a-half ago. We have said we are open to discussing how to reconfigure those spending reductions without raising taxes.”
McConnell said he hasn’t heard a single Senate Republican say they’d be willing to “raise a dime in taxes” to resolve the sequester impasse.
Read More at CNS News . By Susan Jones.
Photo Credit: Gage Skidmore (Creative Commons)
Please share this post with your friends and comment below. If you haven’t already, take a moment to sign up for our free newsletter above and friend us on Twitter and Facebook to get real time updates.