Washington, DC- Rep. Tom Rice (SC-07), issued the following statement today in response to President Obama’s press conference.
“I find it interesting that President Obama says that the debt ceiling shouldn’t be used to negotiate reductions in deficit spending,” said Rice. “When then Senator Obama was asked to raise the debt ceiling he refused to do so, saying that an increase in the debt ceiling constituted ‘a sign of leadership failure.’”
"Once again, the President has shown a failure in his leadership by refusing to discuss spending cuts or outline any sensible solutions to remedy our financial situation," Rice said. "Instead, he demanded another blank check from American taxpayers. When will the President realize that we cannot afford to kick this fiscal can any further down the road. Washington’s reckless spending habits threaten the future of this country and I will not stand by and allow the Democratic majority in Washington to keep piling debt onto our children and grandchildren."