On the recordMay 18, 2021
Mr. Speaker, I rise today to advocate for fiscal responsibility as Congress seeks to craft a budget. This past year, our Nation has spent more than $7.6 trillion. That is more than the Federal Government spent in the first 200 years since our founding. With the Federal Government's debt already clocking in at $28 trillion and rising as I speak, we must face the reality that our grandchildren are going to foot this bill. On May 12, the Bureau of Labor Statistics announced that inflation had grown by 4.2 percent over the last year. That is the largest 12- month increase since September 2008. Should we continue to spend at the rate that we are spending, our national debt, debt servicing, and costs for household items will continue to skyrocket, making life unaffordable for millions more. This is not right. It is immoral for us to continue to fulfill the wants and needs of our generation by stealing opportunity from the next. We must do the hard work of meeting our country's needs responsibly. The Republican Study Committee has proposed such a budget, a conservative budget, one that provides a roadmap toward a better future for our country. This budget gets us back on track in just 5 years while eliminating the deficit and cutting taxes. This is a conservative budget, one that aims to strengthen our Nation and provide better governance.…





