In an appearance on Fox News Channel’s “Your World” on Wednesday, Rep. Mo Brooks (R-Huntsville) ripped the bipartisan budget deal reached in the U.S. Senate.
The deal reached on a bipartisan basis would raise defense spending by $80 billion in FY 2018 and by $85 billion in FY 2019. Nondefense spending would increase by $63 billion and $68 billion in those two years respectively. Other elements of the deal include $20 billion for infrastructure projects and $4 billion for college affordability programs.
The deal does not address the highly politicized DACA issue, which had been an obstacle for both Republicans and Democrats.
“Your World” host Neil Cavuto noted that Brooks “was not a fan” of the Senate’s deal.
“Absolutely not,” Brooks replied. “It is a debt junkie’s wildest dream with all the spending of money that we don’t have. We have to borrow to get and can’t afford to pay back. And you can see that reflected in the credit markets where we’re going to embark on an unending stream of trillion-dollar or more annual deficits, money taken out of the credit markets that drives up interest rates. It is unfathomable to me that we want to bankrupt a country that took centuries of our ancestors to build. But this legislation goes a long way to bringing about an American debilitating insolvency and bankruptcy. And I’m shocked about how bad and financially irresponsible this piece of legislation is.”
Brooks warned of the consequences of borrowing and spending over the long-term and how that fiscal management ruined Venezuela.
“The economics are simple,” Brooks said. “If Fox were to borrow about 25 percent of its operational costs each and every year before long, Neil, you’d be out of a job. Fox would be out of business. Same thing with the family. The economics are the same thing for our country. People need to look at what is going on in Venezuela to see how bad it is when a central government goes into insolvency and bankruptcy. Recently, 800 percent inflation rate in Venezuela — is that where we want to take the United States of America with an insolvency of our central government?
Recently over a 12-month period of time, 75 percent of the Venezuelan population suffered an average weight loss of 19 pounds because they can’t get the food, the calories to sustain their body weight. Nurses and teachers are going across the border into Colombia setting up houses of prostitution, earning money that way and buying food in Colombia and hiring mules to carry the food back to their kids in Venezuela, so they don’t starve. Is that where we want to take the United States of America? Again, this idea that we have unlimited amounts of money to borrow — it is a fiction, it is dangerous, and it needs to stop here.”
Jeff Poor is a graduate of Auburn University and works as the editor of Breitbart TV. Follow Jeff on Twitter @jeff_poor.
