Issue Position: Debt and Deficits

Issue Position

Date: Jan. 1, 2014

Our national debt now stands at more than $17 trillion--and with our unfunded liabilities, the real number is more than $70 trillion. The problem with our Federal debt is not a lack of revenue. The problem is an addiction to spending by unaccountable politicians.

Business as usual is not working. Governing by crisis is not healthy for America. Our politicians must speak honestly to the American people. "Cutting the deficit" just means we spend more money than we take in each year. We must begin cutting the debt to ensure economic solvency for future generations.

With one of the highest corporate tax rates in the world, and tax codes stacked against small businesses, we need to give all employers an opportunity to grow within America. This will help to create jobs and allow everyone in our country to experience the American dream.


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