On the recordFebruary 16, 2011
On January 24, I received a letter from Jeremy Vaitas, who lives in Middletown, New York. He wrote: ``As a 13-year-old boy in seventh grade, I am concerned about my future. Currently, the national debt is 14 trillion, 16 billion, 110 million, 552 thousand, 952 dollars, and five cents. Myself and every other citizen will have to pay $45,241.77 to eliminate this debt. My parents struggle with money, and I'm afraid that I will struggle even more and not be able to own a home, buy a car, or provide for a family someday. ``I feel the only way to reduce the national debt is to reduce the amount of money the government is spending. There are many ways to do this, but I believe increasing taxes is not one of them. To reduce the national debt, I would like to see you vote against any further bailouts or any other wasteful spending programs that give money to people or businesses that make bad decisions. Furthermore, I think you should concentrate on fraud and misuse of government funds.'' Here is a 13-year-old who has the common sense to recognize that our Federal Government has been committing intergenerational theft and to call for it to stop. Our national debt is increasing at a rate of more than $4 billion per day.
