Protecting Taxpayers from Wasteful Government Spending and Massive Debt
Jim Gerlach voted against the 2010 budget, increases in our national debt limit, and supports a balanced budget amendment that would prevent Congress from enacting budgets that spend more than the government has.
Last year's budget spent $1.4 trillion more than the government took in, and this year Washington is well on its way to take on another $1.3 trillion in debt. The massive new debt accrued in just two years will surpass the entire federal budget for 2006. The staggering amount of money being spent in Washington is putting us on a path to doubling the national debt in five years and tripling it in 10 years, according to the President's own budget estimates.
With projections of Washington running annual $1 trillion deficits, and government actuaries claiming the current path is "unsustainable," Congress must look to end the spending addiction and put America on a stable fiscal path. Our debt crisis is mortgaging away the future of our kids and grandkids, and sinking us deeper in debt to foreign countries - ultimately jeopardizing our national security.
Last year's budget spent $1.4 trillion more than the government took in, and this year Washington is well on its way to take on another $1.3 trillion in debt. The massive new debt accrued in just two years will surpass the entire federal budget for 2006. The staggering amount of money being spent in Washington is putting us on a path to doubling the national debt in five years and tripling it in 10 years, according to the President's own budget estimates.
With projections of Washington running annual $1 trillion deficits, and government actuaries claiming the current path is "unsustainable," Congress must look to end the spending addiction and put America on a stable fiscal path. Our debt crisis is mortgaging away the future of our kids and grandkids, and sinking us deeper in debt to foreign countries - ultimately jeopardizing our national security.
[ Our debt crisis is mortgaging away the future of our kids and grandkids, and sinking us deeper in debt to foreign countries - ultimately jeopardizing our national security. ]
My grandmother is probably the last generation to enjoy Medicare.