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Washington, DC—U.S. Senator Jim Risch made the following comments in response to President Obama’s speech on debt reduction.

"I am glad to see the President has finally joined the discussion on the most serious issue facing our country – our out of control spending.  The federal government is borrowing over $4 billion every day.  This has to stop.  It is time to pass a balanced budget amendment to the Constitution which will force our federal government to not spend more than it takes in, just like our states must do."