Sessions On President’s Debt Increase: Policies Growing Gov’t, Shrinking Middle Class

WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today ahead of the vote on the resolution of disapproval on President Obama’s requested debt limit increase:

“The president’s request to borrow another $1.2 trillion dollars—all of which will be spent and gone within the next twelve months—brings America closer to what his fiscal commission co-chairs called ‘the most predictable economic crisis in its history.’ After last year’s budget deal, our nation will accumulate $10.3 trillion in new debt over the next ten years. With real wages declining and fewer total Americans working today than a decade ago, the truth is plain: President Obama’s policies are growing the government and shrinking the middle class.”