National Debt

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Restoring Fiscal Discipline to the Federal Government

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. 

We will soon leave to the next generation a Social Security and Medicare system headed directly toward bankruptcy. Entitlement and interest costs are now eating nearly 70% of our federal budget, making it impossible to fully fund our military, or find the money we need for highways, homeland security, veterans, research, and border patrol. 

There was a time when Republicans were the party of fiscal discipline. The party of balanced budgets. The party of smaller government. Republicans were once the adults in the room willing to impose some restraint on the national credit card. It’s time we lived up to the principles we once professed to be our own.

Restoring fiscal discipline to the United States government will not be easy. Making hard but simple choices now is much better than expecting our children to make agonizing choices down the road. 

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 See more staggering numbers at: https://www.usdebtclock.org