Reducing the National Debt

Floor Speech

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Mr. McCORMICK. Madam Speaker, this week, Americans are hearing about yet another battle over the debt ceiling, a fiscal restraint that was supposed to stop Congress from spending too much.

Every couple of years, Congress basically gives itself a free pass and votes to raise the debt ceiling, kicking the can down the road. With a national debt over $31 trillion, this is a game our country cannot afford to keep playing.

Today, President Biden is set to miss his budget deadline as required by law for the third consecutive year. I would love to see us actually handle the budget one item at a time rather than in a typical omnibus.

Vilification of debt control and protecting our future generations is not where this discussion should start. We are not going to get rid of this deficit in 1 year, but we can get rid of something this year. Can we at least have a small step toward reducing our national debt for the future of our children?

Hardworking American families have balanced budgets every month, every year, and they deserve a government that does the same.

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