SPENDING, NOT TAX CUTS, IS DRIVING THE NATIONAL DEBT

$105,000.

That’s every American’s share of the $36 trillion national debt.

To put it in perspective, that’s almost six times more than what we spent to win World War II, when adjusted for inflation.

The national debt is a serious problem.

But, despite what you might have heard, tax cuts are not to blame.

America is in deep debt because our government spends too much, not because it taxes too little.

This didn’t happen overnight. It took more than two decades of uncontrolled spending.

To solve the debt crisis the economy needs to grow and Congress needs to cut spending — over the long haul.

Where Did All This Debt Come From?

The U.S. government collects trillions of dollars in taxes every year. So, how is it buried in debt?

The answer is simple: Washington spends more money than it takes in.

Whenever this happens, the federal government covers the difference with debt. Over time, these annual deficits add up.

Consider the contrast between the last time the budget was balanced and last year.

2001:

• Federal spending: $1.863 trillion
• Tax revenue: $1.991 trillion
• Budget surplus: $128 billion

2024:

• Federal spending: $6.75 trillion
• Tax revenue: $4.92 trillion
• Budget deficit: $1.83 trillion

While the federal government is collecting twice as much in tax revenue, the revenues can’t keep up with the big spenders in Congress. Federal spending has more than tripled over that same time period.

If things keep going the way they are, the Federal Reserve might have to circulate more money, which often leads to inflation.

Americans can’t afford that.

How we can fix America’s debt crisis

Solving the debt crisis means fixing both sides of the equation: revenue and spending.

The One Big Beautiful bill and the Rescissions package are going to help us get there.

Cut spending, cut the debt.

We can’t get our debt under control if Washington politicians keep spending money we don’t have!

Here is what’s driving our national debt:

• Expensive and unsustainable new programs like the Affordable Care Act
• Massive spending sprees during the COVID pandemic
• A surge in entitlement spending
• A surge in military spending post 9/11

With the tax cuts already in place, it’s time for Congress to get serious about curtailing government spending — before it’s too late.

The good news: the One Big Beautifull Bill cuts around $1.1 Trillion in net spending by eliminating Biden-era corporate welfare to green energy programs, reforming the student loan program, and making sure Medicaid works for the people who need it the most.

What’s more, policies like the recently approved rescissions package are a step in the right direction. It saves the American taxpayer $9 billion of unused federal funds.

More packages like this and a laser focus on eliminating waste, fraud, and abuse in the government will (slowly but surely) bring America to a sound fiscal footing. 

Grow the economy, increase revenue.

Some politicians argue the best way to increase revenue is by raising taxes, but they’re wrong.

Tax hikes hurt workers, businesses, and consumers, slowing down the economy and leaving the government with less revenue to collect.

The best way to raise more revenue is to grow the economy, expand the tax base, and leave more money in the pockets of Americans.

We’ve seen this work before. After the 2017 Trump tax cuts, the economy surged, incomes rose, and tax revenue increased.

The good news: By making the Trump tax cuts permanent and saving America from a massive tax hike, the One Big Beautifull Bill sets the stage for a booming economy.

The way forward

It took years for Washington to lead us where we are now. It will take hard work and dedication to get us out of there. And Congress should prioritize cost-cutting measures that help rein in out-of-control spending and address our growing debt crisis.  

Solving America’s debt problem will be a marathon, not a sprint.

We need to keep pushing for more pro-growth policies, like the One Big Beautiful Bill, and more bills that cut spending, like the rescissions package.

Washington created this crisis. Together, we can fix it.

👉 Click here to join America’s largest grassroots movement to end reckless spending and defend economic liberty.