The Problem
Washington DC is Out of Control and Will not Relinquish Power
The Spending and Debt Crisis
Thomas Jefferson wrote in 1816, “I…place economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared.” Congress has ignored these words. Instead, it has abused its power, using entitlement programs to gain votes and catapult the United States into massive debt.
The $17 trillion national debt is staggering, but it only tells a part of the story. If we apply the normal rules of accounting, the federal government possesses a huge additional obligation to pay for vested Social Security benefits and other similar programs. This is why the government cannot tax its way out of debt. Even if they confiscated everything, it would not cover the debt.
The judiciary recites the mantra that the powers of the federal government are limited. The plain fact, however, is that since 1936 no federal court has ruled a Congressional program unconstitutional for exceeding their power to tax and spend for a particular purpose. Stopping the runaway federal spending is the only solution, but it is one thing Washington, D.C., will never agree to do.
