By Daniel Stefanski |
Congressman David Schweikert took to the U.S. House of Representatives floor this week in another attempt to reason with his colleagues over the current fiscal state of our nation.
Schweikert, a seven-term lawmaker in the U.S. House, serving on the powerful Ways and Means Committee, spoke on the House floor – as he often does – to highlight the latest numbers and analysis from the Congressional Budget Office’s (CBO) baseline projections of the federal budget over the next ten years.
In his speech, Schweikert addressed his Democrat colleagues’ “avoidance of the math,” saying that, at the rate the government is spending money, Americans 25 years from now will, according to the CBO, see their taxes doubled, their corporate taxes doubled, and tariffs doubled – “just to maintain baseline services.”
Schweikert also took President Joe Biden to task for using “Social Security and Medicare as props for his re-election campaign.” Congressman Schweikert questioned if his Democrat colleagues actually have a plan to help fix the Medicare and Social Security Trust Funds, which he alleged will be gone in a decade, “doubling senior poverty in this country.”
Schweikert also exposed the numbers behind a shrinking American workforce, stating, “So you have a world now where my brothers and sisters on the Left run around saying, ‘Well, we have this low unemployment.’ And then you look at the available populations that should be in the labor force, but they don’t show up in the data because they’re not looking.” He concluded his point by reminding his listeners that “we have fewer people today in the labor force than we did before the pandemic – by millions.”
The congressman attempted to appeal to the common sense of his legislative colleagues, challenging Representatives to think about the long-term effects of the fiscal policies that they pass for the country, saying, “The reason I walk through all these slides is the first part of understanding how devastating the debt is. And it’s not pretend. You can’t just say, ‘We’ll just pretend. We’ll print a $1 trillion coin and walk away from it.’ You’ve got to stop the clown show…..The second half of this presentation was hope…Stop being afraid of it, Congress. Stop acting like a protection racket where you protect incumbency. Not incumbent-elected, but incumbent bureaucracies, incumbent business models. Design the tax code. Design the regulatory code. If the Democrats continue insisting to subsidize everything, fine, design it so there’s competition. Not the chosen favorites that they want to hand a grant out to. And in that competition, I think actually becomes the disruption that saves us.”
Congressman Schweikert was speaking before a near-empty chamber, and it remains to be seen if any of his colleagues on the Left will heed his pleas for more fiscal responsibility, sanity, and foresight into the consequences of the future. The U.S. Congress is expected to have fierce debates this year over legislative spending and borrowing with key deadlines approaching for the federal government.
Daniel Stefanski is a reporter for AZ Free News. You can send him news tips using this link.