Blame spending for our $40 trillion debt
The federal government’s debt burden passed $40 trillion last week, a terrible milestone. It shows the extent to which we are living beyond our means and need to make hard choices.
As we evaluate this growing economic and national security threat, we must first properly diagnose how we got into this dire position. Democrats are misdiagnosing the problem.
Blame spending for our $40 trillion debt
Trump, don’t legitimize Hamas
Teachers unions lose another fight against school choice
Sen. Patty Murray (D-WA), vice chair of the Senate Appropriations Committee, posted on social media, “REMINDER: The single biggest driver of our national debt for the last 25 YEARS have been Republican-led tax cuts.” This falsehood has been echoed ad nauseam by other elected Democratic officials and former Biden administration budget officials.
Although Murray and her Democratic allies want to cast our fiscal imbalance as a revenue problem and thus lay the groundwork for tax increases, the truth is that the national debt is exploding not because the feds collect too little revenue but because Washington spends far too much. The explanation........
