Fellow Conservative,

Fiscal responsibility is key to the long-term health of our nation. Just as every American household and business must spend within their means, so must the federal government.

If the government fails to do so, the American taxpayer will bear the burden of the government’s wild spending habits. The inflation of the past two years is a reminder of the need to restore fiscal sanity and stop reckless spending.

The Debt Ceiling - What needs to be done?

Late last week the federal government hit the maximum limit of money it can borrow - a whopping $31.4 trillion. Democrats would recklessly raise the debt ceiling without proper measures to cut spending, but conservatives know that this is not an option. That is why Congress must force a roll back of the Left’s partisan programmatic funding and get our fiscal house in order.

In a press statement released on Tuesday, Heritage Action Executive Director, Jessica Anderson and President of The Heritage Foundation, Kevin Roberts called on Congress to NOT to raise the debt ceiling unless they also cut spending.

In 2000, the national debt was $5 trillion. In just 23 years it has increased over 600% to more than $31 trillion. This threatens the stability of the American economy.

The rate at which the United States spends money is unprecedented, irresponsible, and unsustainable.

Government spending fuels inflation which means the more the government borrows money, the less you can afford.

Congress must act to:

• Cap spending at fiscal year 2022 levels
• Institute programmatic spending cuts
• Institute pro-growth policies, like regulatory and civil service reforms

For every dollar Congress increases the debt ceiling they should equally cut spending. Course correction is urgently needed.

Heritage Action will be watching the situation closely and will keep you informed about what is happening and what you can do to push Congress toward financial sanity.

Student Debt - Don't Make it Worese

The rising cost of college education has dramatically outpaced the rate of inflation. While Democrats see this as a justification for more government involvement in student loans, the solution is the precise opposite.

Biden’s new plan to change how income-driven repayment plans (IDR) operate would cost the federal government at least $100 billion. In the midst of a national debt crisis, such a plan is the last thing our country needs.

This new regulation would:

• Cost well over $100 billion. That's roughly $675 out of each taxpayer's pocket.
• Partially cancel debt for 98% of college graduates.
• Transfers the cost onto future generations. As the current generation pays back less on their student loans, the rising generation will be saddled with a larger national debt.
• Raises tuition costs for future students. Colleges raise tuition when loans are made easier and more lenient. It's an unsustainable cycle that hurts the next generation.

Increasing the national debt while at the same time encouraging higher college tuition rates is wrong on every level. As President Reagan said, “In this present crisis, government is not the solution to our problem; government is the problem.”

>>>TAKE ACTION NOW and submit a comment to halt this regulation. With enough comments, the regulation could be withdrawn or overturned in court.

Don't wait! And be sure to share this link with your friends.

National School Choice Week

Last week Heritage Action reported on the advancements of education freedom. It is only fitting this week, which is National School Choice Week, that we have even more good news to share.

Iowa

Two weeks after Governor Kim Reynolds of Iowa called for education freedom across the state, the Iowa legislature passed H.F. 68, which will give families tremendous freedom to customize their child’s education to fit their unique and specific needs by creating state-funded Education Savings Accounts (ESA).

It has now officially been signed into law by the governor and will take full effect in July.

Heritage Action thanks the Iowa Legislature and Governor Reynolds for passing H.F. 68 and bringing education freedom to the Hawkeye state!

Utah

On Thursday, the Utah State Legislature passed H.B. 215 and sent the issue of education freedom to the Governor's desk. This bill creates a scholarship program that parents can use to spend on a variety of education options including private school tuition, tutoring, learning therapies and more.

Heritage Action encourages Governor Spencer Cox to sign this bill into law and usher in greater freedom for Utah students.

Coming Up...

On Tuesday, January 31st Heritage Action will join investigative reporter John Solomon for our monthly Special Report on Just the News.

This Special Report will feature and all-star lineup including

• Steve Scalise - House Majority Leader
• Rep. Andy Ogles - (R-Tenn.)
• Ryan Walker - Heritage Action Vice President of Government Relations
• Victoria Coates - Heritage Foundation Sr. Research Fellow

The show will go live at 6:00 PM ET

You will be able to watching on:
>>> TV: Tune in to Real America’s Voice on cable TV
>>> Facebook: View our Facebook page here
>>> Twitter: Watch on our Twitter feed
>>> Gettr: Stream live on Gettr page

Thank you for all that you do!

Jessica and the Heritage Action team

Join the fight to advance the conservative agenda.