National Debt
It all begins with an idea.
The national debt is a critical issue that requires immediate attention and practical solutions. As a candidate for the House of Representatives, I am deeply concerned about the impact of the growing national debt on the current and future generations.
The staggering amount of debt not only threatens our economy but also hinders our ability to invest in essential areas such as education, infrastructure, and healthcare. It is imperative for our government to address the national debt through a combination of responsible fiscal policies, budget reforms, and targeted spending cuts.
By promoting economic growth and efficiency, we can work towards reducing the deficit and ultimately decreasing the national debt burden.
Exponentially Increasing
It all begins with an idea.
The national debt has increased in the following way more recently:
June 15, 2023- 32 trillion dollars
Sept 15, 2023- 33 trillion dollars
Jan 2, 2024- 34 trillion dollars
It is estimated that by March 2024, our national debt will have surpassed 35 trillion dollars!
Poof!
It all begins with an idea.
As the debt and interest continues to climb, the value of the dollars that you hold will continue to plummet at a staggering rate. Inflation is a tax that creeps upon you. Since Enactment of the Federal Reserve in 1913, your dollar has lost over 90% of its purchasing power.