As National Debt Eclipses Value Of Entire U.S. Economy, Montanans Reminded Of Tester’s Hypocritical Rhetoric & Big-Spending Record

FOR IMMEDIATE RELEASE: 
January 9, 2012
CONTACT:
Chris Bond, Communications Director
Phone: 406-852-3113, Email: cbond@dennyrehberg.com

Promised To Bring Fiscal Responsibility To Washington, But Instead Helped Drive Debt To “Tipping Point”

MISSOULA, Mont. — As a candidate for U.S. Senate in 2006, Jon Tester routinely lectured Montanans on the importance of fiscal responsibility, promising to “lead efforts to balance the federal budget,” and saying “I’m not about to put my kids’ future and opportunity on the line so I can spend money like a drunken sailor. I am going to be fiscally responsible.”

But despite his strident rhetoric, Senator Tester has instead spent the last several years in Washington voting for President Obama’s big-spending agenda 97 percent of the time, and now the United States’ national debt has grown to a record-high $15.23 trillion — an amount equal in size to the entire value of all goods and services produced by the nation’s economy in an entire year.

As USA Today reports today:

U.S. debt is now equal to economy… The soaring national debt has reached a symbolic tipping point: It’s now as big as the entire U.S. economy. The amount of money the federal government owes to its creditors, combined with IOUs to government retirement and other programs, now tops $15.23 trillion. That’s roughly equal to the value of all goods and services the U.S. economy produces in one year: $15.17 trillion as of September, the latest estimate… Long-term projections suggest the debt will continue to grow faster than the economy, which would have to expand by at least 6% a year to keep pace.

Notably, recent data revealed that, under President Obama’s big-spending agenda — which Tester has supported 97 percent of the time in Washington, including the failed $800 billion “stimulus” debacle and $1.2 trillion health care overhaul — America’s national debt has increased by a record $48,994.13 per second.

“Senator Tester got himself elected promising to bring fiscal responsibility to Washington, but instead he supported President Obama’s big-spending agenda 97 percent of the time and now our national debt has grown as large as the entire American economy,” said Rehberg spokesman Chris Bond.  “Folks in Montana deserve better than Senator Tester’s reckless deficit spending, broken promises, and hypocritical election-year rhetoric.”

Background Information:

TESTER WON ELECTION PROMISING TO BRING FISCAL RESPONSIBILITY TO WASHINGTON…

“Jon Tester Will Lead Efforts To Balance The Federal Budget and stop stealing from the Social Security trust fund.” (Jon Tester For U.S. Senate Website, “Real Change, Real Vision For Montana Plan,” www.testerforsenate.com, Accessed 3/29/11)

Tester: “I’m Not About To Put My Kids’ Future And Opportunity On The Line So I Can Spend Money Like A Drunken Sailor. I Am Going To Be Fiscally Responsible. And The Fact Is If You Would Support A Pay-As-You-Go In This Government, We Wouldn’t Be In A Situation Where We Have Every Man, Woman, And Child, And Every Child To Be Born With A $30,000 Debt.” (Montana Senate Debate, www.c-spanvideo.org, 10/12/06)

Video Here: http://www.youtube.com/watch?v=WlHE4FzuO2I

Tester: “The Fact Is You Need To Have People Back There That Have Experience In Balancing A Checkbook And Can Set Priorities. I’ve Been Able To Balance A Checkbook In The Private Sector And In The Public Sector.” (Montana Senate Debate, www.c-spanvideo.org, 10/9/06)

Video Here: http://www.youtube.com/watch?v=8RziBtqkgJ8

BUT INSTEAD, TESTER SUPPORTED PRESIDENT OBAMA’S BIG-SPENDING AGENDA 97 PERCENT OF THE TIME…

In Both 2009 And 2010, Tester Voted In Support Of President Obama’s Position 97% Of The Time. (Congressional Quarterly Website, www.cq.com, Accessed 8/4/11)

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