"The current push to raise the federal debt limit is depressing. Worse is the fact that this same fiasco will keep happening. Washington simply isn’t serious about getting spending under control. We must be honest: Both Democrats and Republicans are responsible for America’s spending crisis. They have both supported multitrillion dollar deficits that have brought us to a $31.6 trillion national debt and counting. The nonstop spending binge of the past three years also gave us the soaring inflation that’s still squeezing families and an economy that’s stumbling toward recession. We need a president who will do what no one has done to date: Stand up to the big spenders in both parties. The past few years prove that while Democrats and Republicans can’t agree on much, they do agree on spending America into bankruptcy."