The national debt is over $20 Trillion
and rapidly rising. This works out to be more than $60,000 for every
man, woman, and child in the U.S. and nearly $170,000 for every
taxpayer in the country. Just the interest on the debt costs
taxpayers over $250 Billion every year. The fact that the national
debt continues to grow shouldn't come as a shock. The national debt
has grown every single year since 1957, even in the so called
“surplus” years at the end of the Clinton presidency. Since
1962, Congress has approved lifting the debt ceiling 74 times. It
hasn't mattered if the Democrats or Republicans were in charge, the
result has been the same.
Last week Congress did it again. Not
only did they pass yet another short term spending bill, they added
almost $400 Billion more to the debt and eliminated the debt ceiling.
The government can now borrow an unlimited amount of money. Right now
that is expected to add well over $1 Trillion dollars to the national
debt just this year.
This is not sustainable. Congress
hasn't passed a full budget and appropriations bill as required since
1997. Temporary spending measures are expolding the national debt. We
are already at the point where future generations will be hard
pressed to pay the bills we have run up. Children born today will not
be able to afford the enormous tax burden we have placed on them. In
20-30 years the interest alone will eat up more than our entire
current discretionary budget. There will be no money left for
schools, roads, defense, healthcare, etc...
Representative Womack, along with all
but one of his Republican colleagues from Arkansas, voted last week
for this huge increase in debt. In fact, Mr. Womack has voted for
every short term spending bill, spending increase, debt increase and
effort to raise the debt limit since he was elected to the House
seven years ago. In those 7 years, Womack has increased the debt by
$5 Trillion. That's almost a trillion dollars a year. His reward
for his fiscal irresponsibility was to be named chairman of the
budget committee.
Our government is broken. We need to
drain the swamp. We need some hope and change we can believe in. To
do so we need to do something different. #VoteDifferent Don't waste
your vote on another Republican or Democrat. You have a much better
option. It's long past time to vote Libertarian.
Vote Michael Kalagias for Congress.