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Brad A.
Democrat NE 2

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  • Federal Spending and the Save Act

    by Representative Brad Ashford

    Posted on 2015-01-28

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    ASHFORD asked and was given permission to address the House for 1 minute.) Mr. ASHFORD. Mr. Speaker, I rise today to speak about Federal spending.

    In my home State of Nebraska, we are mandated by the State constitution to balance the budget. This is something that we are sorely in need of here in Washington.

    The Congressional Budget Office just released a report that indicated that deficits are projected to balloon over the next several years, topping $1 trillion by 2025. The national debt will grow to over $21 trillion by the same year.

    Mr. Speaker, we all know these are unsustainable trends. That is why I am very proud to be a cosponsor of the Savings Accountability Value and Efficiency Act, or SAVE Act. This bill, introduced by my good friend and colleague Congressman Patrick Murphy, [[Page H645]] would save the Federal Government nearly $480 billion over the next 10 years.

    I applaud my colleague for his efforts in working to put our country on a more sustainable fiscal path. I hope that we can come together in a bipartisanship manner towards that end.


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