How to address our federal debt and deficit

 

January 5, 2018



Last year was a momentous year for the nation. Congress confirmed Supreme Court Justice Neil Gorsuch, passed once-in-a-generation tax reform, confirmed a record number of Circuit Court Judges, repealed the Obamacare individual mandate, and streamlined hundreds of regulations that have slowed investing and job creation. There remain many challenges that have not been addressed; the largest is our debt and deficit.

First a couple of quick definitions: The deficit is how much we overspend in one year. The debt is the total of all the yearly deficits. Last year's overspending, or deficit, was arou...



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