Nevada Congressional Candidate Kirk Lippold on National Debt and Deficit
Nevada congressional candidate Kirk Lippold, a former U.S. Navy commander and USS Cole commander, is running for Congress in the state's open seat. Lippold, a Republican, spoke with Neil Cavuto on Fox News' "Your World" about his campaign and his stance on the national debt and deficit. Lippold emphasized the need for new leadership in Washington to address the growing deficit and national debt, citing the need to reform government programs and reduce spending. He also expressed his support for the tea party movement, which has been critical of the current government's handling of the economy.
Key Takeaways:
- Kirk Lippold, a former U.S. Navy commander and USS Cole commander, is running for Congress in Nevada's open seat.
- Lippold emphasized the need for new leadership in Washington to address the growing deficit and national debt.
- He called for reforming government programs and reducing spending to balance the budget.
- Lippold expressed his support for the tea party movement, citing their commitment to individual rights and freedoms.
- He acknowledged the potential risks of a government shutdown to make his point on deficit reduction.
- Lippold stated that the government should not reach the point of shutdown, but it may be necessary as a "nuclear option" to address the deficit.
Statistics:
- The government's proposed budget for the end of the year is expected to be around $38-39 billion, but may end up being $350-370 million due to reduced spending.
- The national debt is estimated to be over $14 trillion.
- The federal government's spending levels have increased by over 50% in the past decade.
Sources:
- Fox News' "Your World" with Neil Cavuto, Friday, April 15, 2011
- Federal News Service, Inc., Ste. 500, 1000 Vermont Avenue NW, Washington, DC 20005 USA