Rep. Victoria Spartz (R-Ind.05) on Tuesday issued the following statement addressing the U.S. Treasury Department’s Jan. 13 notification that the U.S. would hit its debt limit this week:
Spartz
“Our national debt is approaching a level not just harmful to economic growth and irresponsible to future generations, but dangerous to our national security today,” Rep. Spartz said. “We are entering treacherous waters and must couple any debt ceiling increases with real reforms.
“Huge amounts of politically directed spending and crony capitalism have created a significant oligopoly problem in nearly every market sector – not much different from oligarchs ruling in post-socialist countries. Health care monopolies lobbied by special interest groups, like hospitals, is one of the major examples.
“Republicans need to grow a backbone and pass some real reforms, or we will end up with socialism. I’ll be fighting with every tool at my disposal to deliver effective health care policies and will not be accepting any industry PAC contributions this cycle.”