The United States is running annual deficits of more than $1 Trillion dollars. Our national debt has grown from $6 Trillion to more than $22 Trillion since 2000. Almost a 4-fold increase in less than 20 years. This is unsustainable.
We will soon leave to the next generation a Social Security and Medicare system headed toward bankruptcy. Entitlement and interest costs are now eating nearly 70% of our federal budget.
The Republican Party is supposed to be the party of fiscal conservatism and balanced budgets. It’s time for members of Congress to stand up for those principles and reduce our national debt.