former Senator Paul Tsongas wrote in the Christian Science Monitor a few months ago these very important words: If you think sending a chunk of your hard-earned income to the Internal Revenue Service was tough this year, imagine the responses of future taxpayers who will face average lifetime tax rates of an incredible 82 percent. Confronted with the burdens of a monstrous national debt, an aging population, and runaway federal entitlement programs, tomorrow's Americans will be turned into a generation of indentured servants. They won't stand for it. Without action today, we are likely to see generational political wars by the end of the decade. We need to heed those words of former Senator Tsongas. That is why we need a balanced budget amendment. That is what this is all about. It is to give our children and grandchildren some hope for a good standard of living and for an economic future as bright as ours has been.
Editor's note · Context
Discussing the need for a balanced budget amendment and the implications of national debt.
Share
More from Jeff Duncan
I thank the gentleman for the time, and I rise in support of S. 870, which includes a bipartisan and bicameral nuclear energy package. I first thank my colleague, friend, and ranking member of the Subcommittee on Energy, Climate, and Grid…
I have no additional speakers, and I am prepared to close. I reserve the balance of my time.
We pointed out yesterday that Americans are paying more for transportation fuels than they were just a few short years ago before the Biden administration started this war on energy. They are paying higher utility bills because green…
I have a company in my district that makes refrigerators. The R&D, research and development, that go into designing a refrigerator is mind-boggling to me. I thought refrigeration was pretty simple, but they optimize where the milk is…





