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Debt and Deficits
Getting our fiscal house in order
America’s growing debt is one of the most pressing issues facing our nation. The Comptroller General of the United States and the head of the nonpartisan Congressional Budget Office (CBO), officials Congress relies on to report on the fiscal state of America, have repeatedly warned that America’s current financial path is “unsustainable” with economic growth rates they expect.
With America’s national debt exceeding the $20 trillion mark and estimates that our debt will blow through the $30 trillion debt mark in a decade, Congress has taken action to increase economic growth by passing an historic tax cut and eliminating unnecessary regulations. President Trump is working to create additional growth by fixing the unhealthy trade relationships that have resulted in an $800 billion dollar goods trade deficit last year. I was recently recognized by the Coalition for a Prosperous America (CPA), an organization representing over 4.5 million workers, as one of this year’s two Congressional American Trade Heros for my efforts to protect American industry from parasitic trade relationships. I am also working hard to limit the flow of immigrants who stress our welfare system and compete with American citizens for jobs.
As the economy responds to these measures that will grow per-capita GDP, we must take action to curtail the growth of spending. During my tenure in the House, I have repeatedly voted against spending increases and introduced legislation to return America to a sustainable fiscal path.