Just Put it on Our Card

The Congressional Budget Office reported on Friday that President Obama’s budget would add an astounding $9.8 trillion to our country’s debt over the next decade.

That would put the debt caused by Washington’s reckless decisions at $20.3 trillion by 2020; an unthinkable 90% of our GDP. There are currently only 11 countries that operate with public debt that is greater than 90% of GDP, and it isn’t a promising list. If the current proposed budget is passed, the United States would rank 12th worst in public debt as a percentage of GDP, worse than Nicaragua, Sri Lanka, Egypt and Jordan.

Robert Bixby, the Executive Director of the Concord Coalition, a deficit watchdog group, said the budget “points out the unwillingness of the administration to raise the revenues to pay for the size of government being proposed.”

Mr. Bixby was correct in his assessment of the deficit, but revenue is not only problem. The real problem lies at the end of his sentence; “the size of government being proposed”. Washington’s refusal to live in the real world and responsibly address the challenges we face is why I decided to run for Congress.

I have two young children and like you, I fear their future will be saddled with the debts and bad decisions of our current leaders. The Obama Administration, the liberal Democrat Congress, and even some members of my own party are leading us down a path toward financial destruction and a loss of the freedoms and opportunities we hold dear. We cannot sustain this irresponsible course and we cannot afford to give its proponents 2, 4 or 6 more years in office.

Putting today’s wants on the credit card for future generations to pay is not “hope” or “change.” It’s the same selfishness and overreaching Washington has been doing for years. The Congressional Budget Office reports that $5.6 trillion is needed just to pay off interest this decade. That $5.6 trillion is more than 10 times our entire national debt just 2 years ago.

Unfortunately, the only way to change the way Washington works is to change the people representing us in Washington. I am running for Congress to reverse this trend of greed, corruption and passing the buck. The leveraging of our future and our children’s future must end.

As always I’d love to hear from you. What do you think about the President’s current budget proposal?