The Hill News

It’s often said that budgets are a statement of our priorities and values. While this is true, a budget is so much more. Ultimately, a budget should be a demonstration of leadership and illustrate the path that America will be headed down.     

Right now, our nation needs a budget with leadership. We’ve run three successive $1 trillion dollar-plus deficits and a fourth is projected, seen our nation’s debt as a share of the economy rise from 64 percent in 2006 to almost 100 percent today and watched our nation’s credit rating downgraded for the first time in history. Instead of reforming unsustainable programs like Medicare and Social Security, we added a new entitlement program in the form of President Obama’s health care law that will only add to the trillions of dollars in unfunded liabilities already facing taxpayers. No nation can prosper carrying the mountain of debt our current fiscal path will have us carry. The status quo has us firmly o! n a path to decline. 

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