Walden Reacts To Earmarks Moratorium

Rep. Greg Walden

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WASHINGTON, DC -- House Republicans have announced plans to place a moratorium on all earmarks. The Associated Press has reported that the federal government produced a $1.4 trillion deficit last year 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.

Representative Greg Walden, the House Republican Leadership Chairman, said 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," 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."

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