Our economy is booming right now. When the economy is good, that is the time to balance budgets, not increase debt. Despite a terrific economy, our Republican controlled Congress is still racking up debt at a record setting pace. They’re kicking the can down the road, and our children will eventually be forced to clean up their mess.
I, like all Americans, love a tax break. But when tax breaks are followed by increased spending, I get concerned. As anyone who runs a household knows that lowering income but increasing spending is unsustainable. When we do, we saddle future generations with debt they don’t deserve and didn’t ask for. It’s time to be honest with the American people, and make the hard decisions necessary to cut the deficit. Healthcare shouldn’t cost as much as it does, Social Security needs restructured for young people (not those in or near retirement), and other federal spending are the right places to start. We need to do a better job of listening to federal employees who see waste in the system and identify more efficient ways of performing their jobs. State governments, including Utah’s, regularly balance their budgets. We must expect Congress to do the same.