Washington Round-up By Adrian Smith
Wednesday, February 16, 2022
Last week, for the first time in history, our national debt exceeded $30 trillion. For far too long members of both parties have put off the tough decisions needed to get our country’s fiscal house in order, passing the buck to future generations. Un fortunately, my Democrat colleagues would still rather raise taxes and continue their reckless spending sprees than curb their spending addiction. Raising taxes is not the answer because we do not have a revenue problem in this country – we have a spending problem. In fact, every year since the Tax Cuts and Jobs Act – tax reform President Trump signed into law – was enacted, revenue has increased.