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Burgess: Bailout Means We Must Re-Order National Priorities, Entitlement Spending Should Be At Top of the List

Washington, DC, October 17, 2008 | Alison Lynn (202-225-7772)
Congressman Michael C. Burgess, M.D., has signed on as a co-sponsor of H.R. 6110, A Roadmap for America’s Future. This important legislation is a comprehensive plan that draws on America’s strengths to restore our long-held legacy of leaving the next generation better off.
Congressman Michael C. Burgess, M.D., has signed on as a co-sponsor of H.R. 6110, A Roadmap for America’s Future.  This important legislation is a comprehensive plan that draws on America’s strengths to restore our long-held legacy of leaving the next generation better off.

“With Congress spending untold amounts bailing out financial institutions, the goal of reining in the federal debt and excessive spending has never been more critical,” commented Rep. Burgess.  “Piecemeal or incremental “fixes” will never match the magnitude or urgency of the entitlement funding problem. This plan provides a comprehensive approach critical for achieving real, long-term solutions for solvency,” he continued.

Authored by Rep. Paul Ryan, Ranking Member of the House Budget Committee, “A Roadmap for America’s Future” is a three-pronged approach to restoring our nation’s fiscal integrity.  First, it focuses on health and retirement security by ensuring universal access to health insurance.  It also rescues and strengthens Medicare, Medicaid, and Social Security – allowing them to fulfill their missions and making them permanently solvent.

Second, the Roadmap will return federal spending growth to sustainable levels and lift the massive debt burden from the shoulders of future generations.  Finally, this legislation promotes solid, sustained economic growth and job creation here in America, and puts the U.S. in a position to lead – not merely survive – in the global marketplace.

In response to Burgess’ support, Congressman Ryan said, “I commend Representative Burgess for his work and commitment on this issue, and it is my sincere hope that others will follow his lead to become part of the solution."

When discussing H.R. 6110, Burgess said, “I’ve been concerned with rampant entitlement spending and the auto-pilot nature of it for many years. My real sense of urgency came about when Robert Walker, former Comptroller General for the federal government, described the entitlement crisis as a fiscal cancer and the catastrophic outcomes it will lead to,” said Burgess.

A Roadmap for America’s Future currently has eight co-sponsors and awaits committee action in the U.S. House of Representatives.