House Republican Conference Chairman Jeb Hensarling appeared on CNN’s “State of the Union” yesterday morning to highlight House Republicans’ efforts to cut spending and create an environment for job creation in America.
Watch the full interview:
Highlights from the interview:
On Our Nation’s Debt and Deficit
“We have a deficit problem that is spending driven and until we get control of spending, we're going to imperil job creation and frankly, threaten our childrens’ future.”
On the House Republican Budget for FY 2012 and the President’s Fiscal Responsibility Commission
“I served on the President’s Fiscal Responsibility Commission. This year, he introduced a Budget that had had zero -- zero recommendations of the Fiscal Commission in it. House Republicans have put forth their Budget and frankly, we've included a number of their ideas.”
On the Upcoming Debt Limit Vote
“Nobody wants America to default on its debts, but let's also remember the classic definition of insanity is doing the same thing over and over again and expecting a different result. Over the past three years we've had our nation's first trillion dollar deficit, second trillion dollar deficit, and third trillion dollar deficit which was the highest in our nation's history. At some point you’ve got to quit spending money you don't have.
“So Republicans are asking the President one thing. If you want our help to help pay your debt, start to cut up the credit cards. Workwith us to pass legislation that will start putting America on a fiscally sustainable path. Otherwise we're going to continue to lose jobs and we're going to bankrupt our children. It's that simple.”