Budget Reform Before It's Too Late : The Debt Skyrockets

I wonder how reform can ever take place as long as the prevailing belief is to make everything work better by throwing more money at any problem. If this wasn't bad enough, our government officials have a mind set that the most important aspect of their job is to get reelected, and any idea or proposal that would take money away from those that will be voting is not in the politicians best interest.

Cutting spending that will make some people have a suffer a change in life style is out of the question, that is just to hard to do and reflect poorly on politicians voting record..

The peoples representatives believe the best way to fix this problem of spending more then we have to spend is to let others, at some later date, fix our problems. It will be easier when everything settles down, but right now we have to stay focused on getting reelected.

Does everything come down to just politics as usual? Yeah, it does.

Then who's standing in the way of saving our country? What party has decided it's more important to stay the course for more debt and more spending to stay in power? But who is actually responsible for fixing the problems that our country faces? It's the voters, the people in the trenches, the people that suffer the consequences for bad decisions. Who knew?

The question that remains then is why do the voters keep voting for more bad decisions? Why do voters keep voting for more politicians that fail to do their job of  representing the needs of the people? How does this happen? Why do so many among us keep voting for self destruction? Where's the common sense?

Why Are the Budget Reforms Important?
Source: Romina Boccia, "The Return of the Debt Limit," The Daily Signal, March 16, 2015.

March 17, 2015

Congress should cut spending before it considers raising the debt limit. Since Congress suspended the debt limit for more than a year last February:

• The debt subject to the limit has grown by nearly $1 trillion, from $17.2 trillion to more than $18.1 trillion.
• A $900 billion increase in the national debt adds more than $2,800 in additional government debt for every American.
• Over the past 13 years, the debt subject to the limit has increased by nearly $12 trillion.
• U.S. public debt, which has the largest share of the debt, doubled since before the Great Recession. It is at $41,000 for every American, and a child born in 2015 will be faced with a public debt of $142,000 by the time he or she leaves college, absent budget reforms.

Extensive research shows that excessive debt burdens job growth and ultimately lowers Americans' personal incomes. Unless America changes course soon, younger and future generations will inherit a massive national debt and a less prosperous nation.

Lawmakers must make the tough choices to cut government spending, just as American households have trimmed back their own unnecessary spending in recent years.

As the new Congress debates its fiscal year 2016 budget it could seek to change the nation's dangerous fiscal course, support a budget based on real constitutional priorities and unshackle the enormous power of free people to create jobs, wealth, and prosperity.