William L Ivarson Jr Senior Profile: Braydan Gaffin Senior Profile: Ethan Pennywitt Senior Center spreading Christmas cheer Stout named Administrator of Monarch Meadows Richard Francis Frank B Young William Scaff Gregory A Silvia Jr Davis now the winningest coach in Lady Devils basketball history Clutch plays give Green Devils OT win Eighth grade Greyhounds go on the road, grab 55-41 conference win at Whiteoak Lady Indians can’t hang on, fall to Eastern Brown Indians open up with big Homecoming win Greyhounds drilled by Fairfield in season opener How to sell 94 losses NAES leads local schools represented at PBIS Showcase PHS Beta Club recognized as National School of Distinction MES wins Momentum Award for second year running Fire destroys Winchester business Martha Becraft Cynthia A Sopher Clarys Holliday Basketball Special: 2017-18 Justice girls lead Peebles to win over Felicity Senior Profile: Adison Wright Lady Dragons slain by buzzer-beater Freshmen double-doubles lead Lady Hounds to win in opener County mourns passing of OVSD Board member Tom Reed Peebles man arrested in connection with woman’s disappearance Leaving a written legacy Not really ready to go back to pioneer days Peebles Jr./Sr. High School awarded PBIS Bronze Award North Adams High School named National Beta School of Distinction Operation Christmas Child collects 1,867 boxes Samantha Jameson honored as Young Professional of the Year Youth Deer Season again plagued by bad weather Humane Society hosting Ugly Christmas Sweater contest Dec. 9 Local centenarian celebrates birthday number 100 with family and friends Jerry R Pratt Edward Lykins Jr NAES students focus on spreading kindness Leland P Sautter Kelly B Anderson Dorothy Grooms Sharon D Brumley Anna J Grooms Local student/athletes awarded Wendy’s Heisman Awards Lady Devils JV triumph in opener Senior Profile: Colten Ball Peebles hosts SHAC Boys Preview Lady Devils fall in tough opener Janet A Pedicord Nettie R Fleshman Senior Profile: Sianna Mills North Adams boys ride the ‘3’ train to victory Lady Devils trounce Georgetown Senior Profile: Austin Stamper North Adams’ Williams named OIAAA Administrator of the Year County hoops squads on display in SHAC Girls Preview Going off the grid Michael L Chamblin A newer, kinder county pound takes a more humane approach TAG students are winners at Invention Convention Adams County Florist decks the halls Thomas J Reed Shirley A Stiffler Sharon G Wright Lottie J Meade June R Williams Lions and Cowboys and no Bengals, thankfully Senior Profile: Tyler Horsley North Adams sweeps Manchester Cheer Championships Indians face tough test in first pre-season scrimmage Senior Profile: Abby Faulkner Seas reflects on second state tournament experience NA’s Harper signs to continue hoops career at Rio Grande Hendrickson named Assistant Coach of the Year in Division III girls soccer Take the hint, it’s Thanksgiving time again Small Business Saturday in Adams County Art Council’s newest production will have you ‘laughing through your tears’ North Adams students working to help the homeless Grateful Richard A Graham #SawyerStrong Billy L Smalley With some help from Adams County, Ohio Statehouse now has wheelchair charging station Wenstrup announces re-election campaign Delta Dental provides two local schools with new drinking fountains Ernie McFarland honored by Ohio Bankers League Veterans Day parade, ceremony held in West Union Adams County schools celebrate Veterans Day Being the change November: As Mr. Seas it Protecting Ohio seniors from rising healthcare costs It’s November-have some soup and pie SHAC Boys Preview is Nov. 24 at Peebles June Hall Alice B Himes Claudia U Mitchell

Our debt demands action

By Brad Wenstrup, U.S. Congressman

Mr. John Smith
123 Main Street
Anywhere, Ohio 12345

Total due: $60,000

Please make checks payable to the United States Department of Treasury.

WenstrupImagine opening your mail to find this bill for $60,000 from the federal government. It seems far-fetched, doesn’t it?  Actually, that’s about how much each American citizen would currently have to pay in order to eliminate our national debt.

If that number isn’t scary enough, think about what the bill will be for our children and grandchildren, the ones who will ultimately suffer the consequences of this generation’s reckless spending.  When I look at my two-year old son, I can’t help but think: when he’s an adult, what will his America look like? Will it be weaker and less prosperous than the one we inherited from past generations?

The answer to that question is undoubtedly “yes,” if we stay on our current path of fiscal irresponsibility.  So let’s get to the core of the problem.  Our federal spending is divided into two main parts: discretionary spending and mandatory spending.

Discretionary spending covers everything from national defense, to transportation and infrastructure, to medical research and is determined annually by Congress through appropriations bills. Since taking back the majority in 2010, House Republicans have made important cuts to this portion of our budget. Overall, we’ve achieved $176 billion in discretionary spending cuts since Fiscal Year 2010.

Mandatory spending pays for the interest on our national debt, as well as programs like Medicare and Medicaid, Social Security, unemployment benefits, and retirement benefits for federal employees and military officers. This part of our budget automatically renews by law every year without any Congressional review, and it represents the biggest driver of our national debt.

Take a look at the numbers: in Fiscal Year 2015 our mandatory spending totaled $2.52 trillion, or 68% of the overall budget. Note that $223 billion or 9% of those funds were for interest payments on our national debt, money for which we get nothing in return.

The Congressional Budget Office (CBO) estimates that by the year 2026, mandatory spending will make up 78% of our total budget, crowding out discretionary funds more and more every year and threatening vital programs, including many that ensure our national security.

So while the House has made significant cuts to the discretionary part of our budget, we will not be on a fiscally sustainable path until we seriously repair the automatic spending programs that make up the bulk of our national spending.

Since I came to Congress in 2013, I’ve consistently supported initiatives that would make much-needed changes to these programs, not only providing stability and security to Americans who rely on them, but also ensuring solvency for future generations while reducing costs for taxpayers.

Granted, making these changes will require a strong commitment from all of us. But fiscal irresponsibility doesn’t come without a price. If we don’t address it now, that price could end up being the downfall of our economy.

Leave a Reply

Your email address will not be published. Required fields are marked *

© The People's Defender - All rights reserved