$28 Trillion
National Debt Means Every Taxpayer Holds $855,000 of
Debt
Here in Wyoming, we understand the importance of living
within our means. We don’t spend more than we have, we save when
times are good, and we take pride in not saddling future generations with
debt.
Unfortunately, the United States Congress does not
have the same fiscal discipline. Congress passes bill after bill with
price tags in the trillions and we don’t make plans to pay for
them. When I was in the House of Representatives, I balked at our $14
trillion in debt. Today we have amassed an eye-popping $28
trillion in debt. At the rate we are going, the United States could
soon spend more money on interest on the national debt than it does on
defense.
I introduced the
Sustainable Budget Act this week to create a commission
that will work on bipartisan, realistic solutions to our budget crisis.
It would be comprised of individuals of both parties who would be
tasked with creating a bipartisan plan to reduce the deficit and balance
the federal budget within 10 years.
The time to take decisive,
bipartisan action and change our trajectory is long overdue. Congress
needs to take a page out of Wyoming’s book and make some tough
choices to ensure that our grandchildren get to enjoy the prosperity
and financial security with which we have been blessed.
Happy
Trails,
THIS WEEK IN
WASHINGTON |
Legislation:
Votes:
- Nomination of Gary Gensler for
Chairman of the Securities and Exchanges Commission
- Nomination of Polly Trottenberg to
be Deputy Secretary of Transportation
- Nomination of Wendy Sherman to
be Deputy Secretary of State
-
Nomination of Brenda Mallory to be a
Member of the Council on Environmental Quality
Congressional Hearings: - Committe on Commerce, Science &
Transportation
- Committee on Environment
& Public Works
|
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THIS WEEK IN WYOMING |
| Senator Barrasso and I had the pleasure of meeting with ninth grade students from
Kemmerer this week. We chatted about what it's like to work in Washington
and gave them a tour of the Energy and Natural Resources hearing
room. 
I had the opportunity to talk to Grace Foulk of Wyoming News Now
about how my office can help you with issues you may be facing with
the federal government. Click below to check out the segment!
  | |
CAN I HELP YOUR WYOMING BUSINESS?
Does your Wyoming business need assistance with
an interaction with the federal government? Do you have ideas on how
to promote innovation in Wyoming? Reach out to my Director of
Business Outreach, Brendan Ames, to share your ideas. He can
be reached at 307-772-2477 or
[email protected].
WYOMING FUN
FACTS
Devils Tower, located near Hulett in
northeastern Wyoming, was the first designated national monument in the United
States. Senator Lummis has introduced a bill to protect the name of
Devils Tower. You can read more about that legislation here.
