| John, you know the fiscal crisis America currently faces did not happen overnight.
Decades of overspending, wastefulness, and ineffective budgeting processes have led to the current situation.
One main contributor to this crisis is Congress. The budgeting process is chaotic and dysfunctional, and each successive Congress barely muddles through but without fixing the system.
Of course, the current president and his big-spending, debt-increasing, money-printing “Bidenomics” gave us inflation and he is making the looming fiscal crisis far worse.
Joe Biden has proposed spending more money than any president in American history. His spending proposals are a threat to America’s economic stability, as Fitch Ratings’ recent downgrade of federal debt indicates.
And America’s future economic stability (without crushing new taxes or inflation forever) is key to opportunity and prosperity for all Americans, like you and me.
The good news is new ideas to fix these problems and secure America’s financial future are available.
In particular, I’m excited about the newly proposed Principles-Based Balanced Budget Amendment by Rep. Nathaniel Moran (R-TX-01) and Sen. Mike Braun (R-IN). This legislation is a key piece of any agenda to fix Washington’s growing debt problem, along with a comprehensive budget and other budget upgrades.
To learn more about the principles that will get America’s budget back on track and lower inflation, our policy team has a great resource for you to read here: | 
