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Many in Congress claim they are spending hawks and are sounding the alarm about our massive levels of debt and spending, yet they continue voting for reckless, record spending bills.
Just this past March, Congress overwhelmingly voted in favor of a massive “omnibus” spending bill – a mishmash of all the spending bills Congress is meant to debate separately. It was a record $1.3 trillion dollars in discretionary spending and set the country on the path to spend over $4 trillion total for the first time this year.
It was so bad, President Trump said he would never sign another bill like it. (Click here to view the video).
Even worse, the escalating spending is putting us on a ruinous path of steeper and steeper increases.
Over the past 10 years since President Obama was elected in 2008, overall spending has increased about 39% (from $2.99 trillion to $4.1 trillion). Now, after the omnibus package, the spending curve is even steeper.
If we stay on the current path, the next ten years will see another 70% increase (from $4.1 trillion to $7 trillion per year).
If that happens, federal spending will have more than DOUBLED since the 2008 financial crisis.
This Fall, as we look to 2019, Congress needs to send President Trump spending bills he can sign – not bills that keep spending on the same upward trajectory.
That’s why Americans for Prosperity is advocating for Congress to FREEZE federal discretionary spending at 2018 levels. That’s just a small portion of the overspending problem, but it would be a down payment on fixing the larger spending issues.
To find out more on our efforts, head to www.StopOverspending.com.
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