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Columbus Dispatch - That's "trillion" with a "T"
Date:
Friday, May 21, 2010 That's "trillion" with a "t"
Sometime over the weekend the national debt is expected to top $13 trillion -- and while that may not be the roundest of round numbers, Steve Stivers thinks it's significant anyway.
Stivers, the Republican candidate for Congress in central Ohio's 15th District, used the occasion to criticize Democratic incumbent Rep. Mary Jo Kilroy, who voted twice in the past six months to raise the debt limit.
"At the current pace, Mary Jo Kilroy and her allies in Congress are adding $1.72 million dollars per minute to the national debt," said John Damschroder, a spokesman for Stivers' congressional campaign, in a statement. "Someone needs to take away her credit card."
Kilroy was part of slim Democratic majorities in Congress who voted to raise the national debt limit from $12.1 to $12.39 trillion in December 2009 and to $14.3 trillion in February 2010.
Stivers says the incumbent's support of the federal stimulus bill and other spending has help drive debt to dangerous levels.
"In just one term in office Kilroy's spending spree will have added $4 trillion to the ever-growing shortfall," the Stivers statement said.
Kilroy said she backed the stimulus bill to help avert economic disaster.
"We always wanted to keep a close eye on spending," she said in an interview today. "But look -- when I took office the economy was shedding jobs at the rate of 700,000 a month. We had an economy that was favoring Wall Street over Main Street. Now we're turning that around. We have a long way to go."
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