Sen. Mike Lee: ‘Saddling future generations with a debt burden of this size … fiscally irresponsible’
Americans have had to tighten their belts over the last seven-plus years but not so for Congress – members of which have been on an out-of-control spending spree that has to stop, says Sen. Mike Lee (R-Utah) in a recent column.
Nearly everyone in America understands what it means—and what is required—to live within a budget. Regardless of zip code or economic status, most people can spend only as much as they earn. One person’s paycheck may be twice the size as his neighbor’s, but neither may continually spend beyond their means…
Currently, the total national debt hovers just above $19 trillion, which means that each American’s per-capita share equals nearly $60,000, and a family of five can be said to own a portion of the national debt valued at more than a quarter million dollars.
Saddling future generations with a debt burden of this size is not just fiscally irresponsible—it’s immoral. And yet every recent attempt at spending restraint in Congress has failed. Budget cuts have been repeatedly postponed. Spending caps have been ignored or sidestepped with accounting gimmicks. The so-called debt limit has been raised routinely as a matter of course.
Enough with the “accounting gimmicks,” as Sen. Lee says. It’s time to trim the fat and get Washington working to roll back our financial liability. Click here to help Tea Party Patriots urge lawmakers to get behind a commonsense budget plan that would balance the budget within five years!