12.24.09

Murkowski Votes Against Raising Debt Ceiling

WASHINGTON, D.C. - U.S. Sen. Lisa Murkowski, R-Alaska, issued the following statement regarding her vote on a bill to raise the federal debt ceiling:

"Our nation's credit card is maxed out, and while many Alaskans are tightening their belts and cutting back on excess, politicians in Washington are spending like there's no tomorrow. Last year's deficit was $1.4 trillion - the highest level measured against GDP since World War II. Now we are being forced to raise the debt ceiling for the second time in less than one year or risk defaulting on our debt. It will be our children and grandchildren who will be stuck with the tab for our out-of-control spending. This is unsustainable, and Congress must get serious about enacting reforms designed to put our fiscal house back in order."

# # #