Washington To Blame For Downgrade: Congressman Stutzman

By Jeff Neumeyer

August 10, 2011 Updated Aug 10, 2011 at 5:47 PM EDT

ALLEN COUNTY, Ind. (Indiana's NewsCenter) --- Northeast Indiana's representative in Congress on Wednesday said it's no wonder the financial markets are out of whack and that consumer confidence has tanked.

We caught up with Republican Marlin Stutzman to get his view of the new twists and turns in the economy.

Rather than try to lay the blame for the country’s economic woes on his counterparts in the Democratic Party, Stutzman said there’s plenty of blame to go around for both political parties.

He said there's no consumer confidence because average Americans feel like the government could pull the rug out from under them at any moment.

Stutzman likely felt right at home at an agriculture appreciation day event in Eastern Allen County, given the fact he is a farmer by trade.

Stutzman spoke to the gathering, taking questions for part of the time.

He got an earful about the need to slash spending and get the growing debt under control.

Surprisingly, the Congressman from LaGrange didn't offer much reassurance to voters about the tumultuous stock market.

U.S. Rep. Marlin Stutzman/(R) Indiana 3rd District: " I'm just very concerned about where the market is headed. I want to be optimistic and hopeful, but until Washington realizes that it has to do something bigger, we're going to just continue to muddle along, I'm afraid."

By doing something bigger, Stutzman was referring to how he feels the newly approved debt reduction plan didn't do nearly enough to slash spending.

Stutzman joined many conservative republican lawmakers in voting against the plan.

Stutzman says we've got to stop “kicking the can” further down the road, that instead, we need to seriously cut spending now.

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