Tags: Economic- Crisis | Lindsey Graham | government | business | Greece

Sen. Graham: Change the Way We Do Business

By Hiram Reisner   |   Tuesday, 19 Jul 2011 04:00 AM

South Carolina Sen. Lindsey Graham says he will not vote to raise the debt ceiling unless the Obama administration deals with “what got us in debt to begin with.” Graham also told Fox News’ Sean Hannity Monday that the federal government has to change the way it does business.
“The president talks about a big deal — this is the real deal,” Graham said. “Cuts never come in the near term but under this plan they would. You would cut the government beginning next year. Cap the deficit — cap spending 10 years to wipe out the deficit and have a balanced budget amendment to the Constitution to provide discipline to the Congress. How many people believe that the Republicans and Democratic Party, without some change in the way we do business is ever going to balance the budget?

“So, the president wants to do big things, support a balanced budget amendment to the constitution requiring all of us appeared to do what every American has to do, balance the budget,” he said.

Graham said the 2010 election was indicative of what the nation wants.

“If the last election wasn't about the size and scope of the government, what was it about? It was about the size and scope of the government. And we won. We've got a chance here to cut, cap and balance, to keep the country from becoming Greece,” Graham said. “I don't need a cover vote. I don't need to go home and say: Obama raised the debt limit, I didn’t. I want to be able to say, the debt limit was raised in a way to keep the country from going bankrupt, to keep from becoming Greece over time.

“Cut, cap and balance is a reasonable approach. I'm not looking for a political solution. I'm looking for an economic solution,” he said. “And to any Republican, you have to ask yourself this question, at the end of the day, did we change things in Washington?”

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