
Touring the Bureau of Public Debt
I am on my way to tour the Bureau of Public Debt in Washington, D.C. Government spending and rising debt have reached an all time high. The debt crisis America is facing threatens our job growth, national security and sovereignty, and the nation’s stability for future generations. Our nation’s debt currently stands at over $14 trillion and this year, our annual deficit is projected to reach over $1.6 trillion – the largest in history. We are spending money we don’t have, borrowing 46 cents on the dollar, much of it from the Chinese, and sending the bill to our children and grandchildren.
We cannot continue down this irresponsible fiscal path. It is time to make government more efficient and effective, by making responsible choices today to save our children from tougher choices in the future. Our current spending levels are unsustainable, making it necessary to implement policies that increase government efficiency. I firmly believe that we must reign in spending and exercise stringent fiscal responsibility.