Steve Daines – Statement on Budget Compromise
Bozeman, Montana–U.S. Congressional candidate Steve Daines issued the following statement on the recent budget compromise.
“Hard to believe the drama that played out the past few days over a paltry $38 billion of spending cuts on a $3.8 TRILLION 2011 budget,” Daines said. “This is a rounding error as we are closing in the 14.3 trillion dollar debt ceiling limit and our leaders need to turn their attention to serious spending reform before we hit the next impasse with the looming vote on the debt ceiling.”
The debt ceiling, a cap set by Congress on the amount of debt the federal government can legally borrow, was increased last February, from 12.4 trillion to the current 14.3 trillion. As of April 7, the debt subject to that limit totaled $14.208 trillion — or $86 billion shy of the cap.
“Our leaders need to have the same resolve in tackling our debt crisis as our entrepreneurs, farmers, ranchers across Montana do in keeping their businesses strong and growing.” Daines said.
Daines is a 5th generation Montanan who has spent the past 27 years of his life working in the private sector as a successful businessman, most recently as General Manager/Vice President of Asia-Pacific business for RightNow Technologies, a company founded and headquartered in Bozeman. RightNow Technologies has more than 1,000 employees and is Bozeman’s largest commercial employer.