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Buchanan warns against rising debt


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  • | 5:00 a.m. February 27, 2012
U.S. Rep. Vern Buchanan will face re-election in November.
U.S. Rep. Vern Buchanan will face re-election in November.
  • Longboat Key
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U.S. Rep. Vern Buchanan began a town-hall meeting Saturday with a warning about rising U.S. debt. He began the meeting by unveiling two posters. One, titled “Tidal Wave of Debt” projected that if current policy continues, debt could skyrocket to nearly 800% of the total U.S. economy by 2081. The second poster depicted the $3.5 trillion 2010 federal budget in a pie chart — and showed that only $666 billion of that pie consisted of discretionary non-defense spending.

“The reality is, if this country doesn’t deal with debt and the deficit, this country is going to end up like Greece,” Buchanan said.

Approximately 20 people attended Saturday’s meeting at Longboat Key Town Hall to discuss current issues with Buchanan, a Longboat Key Republican, who was elected to Congress in 2006. The group spent approximately an hour discussing issues such as the economy, taxes and immigration with Buchanan, who was elected in 2006.

For more information, pick up a March 1 copy of the Longboat Observer.

Contact Robin Hartill at [email protected].

 

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