The national debt and the unrestrained growth of government spending are among the greatest threats to our nation’s future. Each year, the federal government spends more and more of your dollars on corporate handouts, pork-barrel projects, welfare programs and out of control entitlements. Unless something is done, interest payments on the debt alone will consume the entire budget by the year 2050. Taxpayers can no longer afford this. We need to cut spending and balance the budget before it’s too late.
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WASHINGTON, D.C. -- In response to the CBO’s recent report that the partial federal government shutdown cost the U.S. economy $3 billion, John Tamny, Director of the FreedomWorks Foundation’s Center for Economic Freedom, commented:
House Speaker Nancy Pelosi is trapped within a spectacle of her own making. After disinviting the president of the United States from delivering the State of the Union address under the false pretense of “security concerns,” the president has answered back.
WASHINGTON, D.C. -- In response to recent suggestions that the ongoing partial government shutdown will result in a one percent decline in GDP growth, Stephen Moore, FreedomWorks Senior Economic Contributor, commented:
The current federal government shutdown, which is the longest in United States history, was completely avoidable. The appropriations process in Congress is so incredibly broken, making it impossible for lawmakers in either chamber to return to regular order to get spending bills done on time before the end of the fiscal year. This stark inability of Congress to perform one of its most basic functions is a result of years of governing by crisis, something both Republican and Democratic leaders are guilty.
House Speaker Nancy Pelosi, D-Calif., is desperate to win over the radical-left wing of the Democratic Party. With arms crossed and heels dug into the ground, she has lowered the bar of negotiation to something you’d expect from a child on a playground, not someone third in line to the presidency.
The definition of insanity is doing the same thing over and over again. House Minority Leader Kevin McCarthy obviously didn’t get the message from his establishment predecessor John Boehner, who routinely punished House conservatives for dissent, when he unceremoniously booted conservative Freedom Caucus Republican Rep. Jody Hice from the House Armed Services Committee.
According to Congressional Budget Office (CBO) data, the federal government spent $3.9 trillion in 2017. In Argentina, total federal spending in 2017 was $161 billion.
Mark Twain once commented “the reports of my death are greatly exaggerated.” This quote should come to mind whenever we hear the apocalyptic forecasts associated with the partial shutdown. Here’s a reality check: the partial shutdown is not nearly as bad as Democrats and pundits are making it out to be. The electricity and water still work and our roads are still paved. From what I can tell, my neighborhood doesn’t look like a scene out of “Mad Max.”
On behalf of our activist community, I urge you to contact your representative and ask him or her to vote NO on the Supplemental Appropriations Act, H.R. 268. The legislation would spend another $12.1 billion for disaster relief for areas affected by Hurricane Florence, Hurricane Michael, wildfires, and other recent natural disasters without any offsets for the new spending.
Let’s just get something out of the way. The so-called “pay-as-you-go” rule that House Democrats have touted as one of the reforms they’ve implemented for the 116th Congress is meaningless. Despite the rule, the House will pass legislation that increases the budget deficit, leaving more debt for taxpayers.
The National Debt has doubled in just the past 5 years. It's projected to triple over the next 10 years. Washington is now borrowing 40 cents of every dollar it spends.
