If you were reporting to Congress and the American people your greatest fiscal concern for our Nation, would you report that our spending is unsustainable?
James Renacci
The Public Record
Our spending is out of control; our debt is out of control, and we have 70 percent of our spending, which is on autopilot.
There is a way to give IRS more authority to correct errors when the returns are there.
I do think your insight is important, especially for people that are designing a budget.
If you cut 25 percent, you would basically have to gut our military and gut every bit of discretionary spending, because the 70 percent is on autopilot.
we do not have a complete record of financial information because we do not allow for all of our debts to be added up
If we do nothing, I think the Federal deficit is projected to grow, if we just stay on the same track, $9.6 trillion in the next 10 years.
I think that is the starting point that I hope at some point this committee can get to, having a good solid budget that then we live with.
if you have record revenues you were really doing really well except when you had record expenditures that were exceeding those record revenues





