The debt crisis is not going away soon, says U. S. Rep. Aaron Schock (R-Peoria). He says members of the House Ways and Means Committee recently hosted world bond traders for a retreat, and they had a warning: “If we don’t fundamentally change our entitlement programs and how we’re spending money by July of next year, the world markets will do to us what they’ve done to Europe,” Schock said. “Right now they claim that we’ve been given a reprieve because they understand nothing’s going to happen before the election. The joke was made by one of the economists that America is still the least ugly in the beauty contest of world economies.”
Schock also discussed security while meeting with reporters in Springfield.
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“We just want to make sure that if and when the federal government buys Thomson prison, that they don’t change their mind,” he said of the possibility of terrorism suspects being housed in Northwestern Illinois. “Congressman (Bobby) Schilling, who’s been working very aggressively on this – it’s in his congressional district – basically has just asked for assurances from the president that, regardless of what Congress does, that the president will under no circumstances transfer Gitmo detainees or other terrorists to the Thomson facility.”
U.S. Sen. Dick Durbin (D-Ill.) extracted such a promise from the U.S. attorney general last week.