Diaz-Balart: CBO's report portrays a different America

Washington, D.C. –Congressman Mario Diaz-Balart (R-FL) issued the following statement in response to the CBO’s Annual Long-Term Budget Outlook report. Diaz-Balart comments:

“The CBO’s latest report is daunting, yet not surprising. It restates the conversations I have with constituents during local Town hall meetings: this current fiscal path will bankrupt our country. It is simply unsustainable. We must and we will put an end to the administrations annual trillion-dollar deficit and remove onerous regulations that deter job creation. America deserves better, my Republican colleagues and I remain committed in reviving and prospering this great country.

“While the report portrays a different America within the next 25 years, we see the dismal consequences of record high debt and deficits impacting millions of Americans today. If times are tough now, we can only imagine what the future holds if we refuse to confront these challenges.”

According to the CBO’s latest Long-Term Budget Outlook, the nation's budget outlook is daunting. Without significant policy changes, an aging population and rising per capita health care costs will lead to surging federal debt.