Jim Banks: “We need to confront this fiscal challenge now, as it is no longer a far-off concern. Currently, we are set to run…”

“We need to confront this fiscal challenge now, as it is no longer a far-off concern. Currently, we are set to run trillion-dollar deficits in perpetuity. The Social Security trust fund will be bankrupt by 2035. The Medicare trust fund will be bankrupt by 2026. Without bold and immediate action, this growing debt will condemn America to a future that is less prosperous and less free. My colleagues and I from the Republican Study Committee are determined to make sure that this never materializes. The Republican Study Committee preserving the American freedom budget would not only prevent that bleak future, it would ensure even greater prosperity for all Americans for years and generations to come. I could not be prouder to lead this effort on behalf of the Republican Study Committee and its 141 conservative members. Madam Speaker, I yield back the balance of my time. ____________________”