The Nation's 'Spending Addiction'

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The Nation's 'Spending Addiction' (Courtesy photo)
The Nation's 'Spending Addiction' (Courtesy photo)

The Senate Budget Committee has begun considering the first budget resolution in almost four years. U.S. Senator Mike Enzi says there needs to be some kind of recognition that out-of-control spending - not a lack of tax revenue - is America’s most significant fiscal problem.

Enzi serves as one of two accountants on the budget committee and says they have a lot of work ahead of them.

He says any proposed budget must acknowledge that the federal government, and as a result the entire nation, is in the midst of a spending addiction.

Moving forward, Enzi says he hopes to see tax reforms for businesses to encourage growth, an expanded tax base through lower tax rates and a proposal to reign in federal spending to preserve certain programs for future generations.

For a full video of Senator Enzi's remarks, visit http://www.youtube.com/watch?v=a....

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