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Washington, D.C.- Shortly after passing a massive $1.3 trillion omnibus spending bill that blew through spending caps by nearly $300 billion and set the federal government on a trajectory to trillion-dollar deficits as early as 2020, the House is voting on a balanced budget amendment.
As Congress nears another deadline this Friday for funding the government, a lot is on the table in terms of what could be included in a deal to increase spending across the board. Whether Congress is forced into a partial government shutdown or it chooses to bunt the issue another few weeks or so with the fourth continuing resolution of this fiscal year, the spending issue will have to be addressed in the near future.
The total debt in the United States has continually risen, year after year, increasing almost fourfold since the start of the 21st century. What was a total debt of $5.75 trillion in January of 2000 is now over $20.45 trillion. This number has risen due to excessive government spending, with few mechanisms to hold it accountable otherwise.
Compact For America and Article V
Our federal government debt is an immoral burden on young Americans, and if not prudently managed will destroy our republic and our freedom. Many a great nation has been destroyed by government debt.
Being tasked with a response to the State of the Union address isn't easy. The message, usually given by a fresh face, is carefully crafted to fluff up a party's priorities for the coming months, as well as offer Americans a distinction between their agenda and what the president offered them earlier in the evening.
The ruling class of Big Business and their political partners are at it again, this time with a mammoth, bipartisan $85 billion two-year tax break bill moving through the Senate that would increase government spending for their mutual gain.
Dear FreedomWorks member, As one of our million-plus FreedomWorks members nationwide, I urge you to contact your Senators and Representative and ask them to co-sponsor the Cut, Cap, and Balance Act of 2011.