On the recordDecember 12, 2024
Mr. President, last week, I spoke about some of President Trump's nominees to unleash American energy dominance. Today, I would like to highlight another issue and some of his great picks to help lead his agenda. For one thing, I am very excited about his partnership with my fellow Texan, Elon Musk, who will help lead the newly created Department of Government Efficiency, or DOGE. We have reached a point as a nation where it is almost a cliche to say our spending has become out of control. We all know that, but doing anything about it seems to be elusive, to say the least. It is a problem that we are all aware of but is one that many are afraid to make the hard decisions to do anything about. Our Nation's debt has skyrocketed to more than $36 trillion. That is a number that none of us can possibly conceive of in terms of the magnitude of that debt. What we do know is we are now spending more money for interest on the national debt than we are on the defense of our Nation--something that is unsustainable. But what is lesser known is that 61 percent of the Federal budget is mandatory spending, which means it is on autopilot, and we rarely go back and revisit it to make sure that this spending program, this mandatory spending program, is still a priority. There is no cap on it, no cost-of-living index, nothing of the nature to control the costs, so they tend to grow at 5, 6, 7, 8 percent a year. Well, this is no longer acceptable, if it ever was, because it is not sustainable.…





