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Hi John,
Last week, I had the privilege to testify before Congress about one of the
most pressing challenges of our time: the U.S. debt crisis.
It’s a problem that threatens not just our economy but also our national
security — and the American Dream itself.
The national debt isn’t just an abstract number: it has real consequences for
regular Americans like you and your family:
📈 Higher Costs for Everyday Essentials: Inflation, fueled by excessive
government borrowing, raises prices for groceries, gas, and housing, making it
harder for families to make ends meet.
📈 Fewer Job Opportunities: Rising interest rates discourage businesses from
investing and hiring, leading to fewer jobs and slower wage growth.
📈 Threats to Retirement Security: As markets react to growing debt, savings
and retirement accounts become more vulnerable, impacting millions of
Americans’ futures.
In my testimony <[link removed]>, I
outlined a path forward — a combination of awell-designed Balanced Budget
Amendment and practical, statutory solutions to get the federal government’s
fiscal house in order.
Here’s what I shared with Congress:
The Problem: Unchecked government spending has ballooned our national debt to
nearly $36 trillion, saddling every household with $258,000 in debt. Inflation
and rising interest rates are compounding the problem, and we are already
paying the price.
The Solution: A thoughtfully crafted Balanced Budget Amendment could restore
fiscal responsibility, creating a framework to curb overspending while allowing
flexibility for emergencies. Pairing this with statutory reforms ensures
Congress operates under a system that prioritizes accountability.
Keep reading to the bottom to watch my interview and find out how you can make
your voice heard below.
Americans across the political spectrum overwhelmingly agree: It's time to get
serious about the debt. The fact is that 80% of Americans support aBalanced
Budget Amendment, but it must be done right — balancing the need for stability
with the ability to act.
🎥 Watch my testimony on X to see how we can tackle this issue.
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The time for half-measures is over. Let’s work together to empower Congress to
act responsibly and ensure a brighter, debt-free future for all Americans.
Want to speak up for budget reform? Please sign our budget reform pledge here.
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Thank you for standing with us. We can make a difference.
Best,
Kurt Couchman
Senior Fellow in Fiscal Policy
Americans for Prosperity
Sign the pledge
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Americans for Prosperity
4201 Wilson Blvd, Suite 1000
Arlington, VA 22203
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