Congressman Andy Biggs (AZ-05) has introduced a resolution in the U.S. House of Representatives formally recognizing America’s escalating national debt as a direct threat to national security.
As the national debt surpassed $36.2 trillion in January 2025, with the fiscal year 2024 interest expense exceeding $1.13 trillion, Congressman Biggs is urging Congress to confront the growing fiscal crisis head-on.
The resolution highlights the severity of the debt crisis, noting that the total public debt reached 120.87% of GDP in January 2025, equating to $104,780 per citizen and $323,045 per taxpayer.
It points to the federal government failing to produce a balanced budget since 1997, with the fiscal year 2024 resulting in a $1.86 trillion deficit due to federal outlays of $6.94 trillion.
The resolution warns that continued reliance on raising the debt ceiling and bypassing regular order in the appropriations process undermines fiscal responsibility and congressional oversight.
The resolution also references warnings from former national security leaders, including Secretary of Defense James Mattis, Director of National Intelligence Dan Coats, and Chairman of the Joint Chiefs of Staff Michael Mullen, who have all emphasized the national debt’s threat to military and economic security.
Congressman Biggs, who has introduced this resolution in previous Congresses, remains steadfast in advocating for fiscal discipline. He has also proposed a balanced budget amendment to the U.S. Constitution to enforce long-term fiscal responsibility.
“The federal government’s wasteful spending spree is unsustainable and is inching us ever closer to a fiscal cliff,” said Biggs. “Our reckless spending habits will enable our adversaries to surpass us on the global stage and constrain our ability to defend our nation in the face of attack. It is past time for Congress to be serious about balancing the nation’s budget and making significant cuts to federal spending, lest we pin a $70 trillion debt on our children and grandchildren’s shoulders. Relying on continuing resolutions year after year is lazy legislating. Raising the debt ceiling every year is a cop out. American voters elected us to enact President Trump’s America First priorities through responsible budgeting, not to maintain the status quo. My resolution acknowledges that Washington has a spending problem and calls to restore regular order to the appropriations process.”
Congressman Biggs’ resolution and amendment are backed by cosponsors across the country, including Rep. Byron Donalds (R-FL), Rep. Paul Gosar (R-AZ), Rep Daniel Webster (R-FL), Rep. Dan Newhouse (R-WA), and Rep. Keith Self (R-TX).
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
Like a cruise ship steaming toward an iceberg, America’s economy is headed for disaster.
The federal government reports an interest-bearing debt of $37 trillion. However, the actual unfunded obligations of the government, according to the Medicare and Social Security Trustees’ reports, is an unfathomable $158.6 trillion.
Yet the band plays on. In the latest game of chicken to avoid the dreaded but largely imaginary “government shut down,” Democrats stood fast on the theory that their electoral success depends on shipping the maximum number of dollars out the door. Republicans once again proved an inadequate bulwark. Those taking a principled stand against business as usual were denominated “far-right obstructionists” and run over.
The current Republican plan combines a $4.5 trillion tax cut with doubtful spending reductions of $2 trillion, a plan the Congressional Budget Office (CBO) projects will eventually raise the interest-bearing debt to $60 trillion. Reminder: the Rs are the cost-cutting party.
Trump’s deficit-busting credentials are suspect. During his first term, he added debt at twice the annual rate than Barack Obama did. Nevertheless, he has unleashed a dramatic program of mass firings, contract canceling, and agency reduction/elimination.
Serious cost cutters know that the most effective strategy is to cut where the fiscal impact is high relative to the resistance produced. The DOGE strategy is the exact opposite, already producing highly publicized and resented cuts with no possibility, even if fully implemented, of resolving our debt crisis.
The elimination of all federal civilian employees, no matter how useless and overpaid many are, would save only 3% of the federal budget. To save money, you have to go where the money is. By far the largest “bucket” of federal spending is transfer payments, which are $3.19 trillion of the $6.7 trillion total budget in 2023.
Federal subsidies to states, including Medicaid, cost $1.15 trillion, while debt interest of $.9 trillion is not available for cutting. Purchases of supplies and salaries, which fund the military and all other governmental functions, cost a combined $1.4 trillion, yet provide relatively scant opportunity for significant reductions.
Meanwhile, the two parties dare each other to actually cut transfer payments and “push granny over the cliff.” Trump’s response is to adamantly repeat that he will never in any way “cut Social Security, Medicare or Medicaid benefits.”
This war of words has the unfortunate effect of handcuffing those legitimately trying to plan for the total depletion of the Social Security and Medicare trust funds, scheduled to occur within the decade. It also rules out some of the non-draconian solutions available like work requirements for the able-bodied and gradually raising the retirement age.
When and if we get serious about cost-cutting and generational fraud, a good place to start would be Medicaid, the most abused and inefficient welfare program. Spending on Medicaid has grown an inflation-adjusted 671% since 1990. In fact, as Senator Phil Graham recently pointed out in the Wall Street Journal, the real purchasing power of total government transfer payments is 20 times greater than when the War on Poverty began in 1990, while the official poverty rate remains at 11.6%.
How can that be? Gramm provides the key insight. Eligibility standards for means-tested programs including Medicaid are based on the Census Bureau’s calculations. But the Census vastly overstates the extent of poverty because it doesn’t count as income 88% of the transfer payments, including food stamps, refundable tax credits, and Medicaid itself. This incoherent bias in calculating income eligibility has led to massive waste, far exceeding DOGE’s projected savings.
Interestingly, the CBO in January developed a new metric for determining “poverty” in the traditional sense of not having enough resources to meet basic needs. When transfer payments were deemed income, which they obviously are, the actual poverty rate fell to 0.8%.
This is an opportunity to save substantial sums without harming those actually poor. $1.48 trillion in welfare benefits annually go to families not actually qualifying as poor, using the CBO’s calculation of counting transfer payments as income. Simply using the CBO methodology, combined with work requirements and limiting welfare benefits to those truly in need, would generate meaningful savings if we have the political courage to do so.
Dr. Thomas Patterson, former Chairman of the Goldwater Institute, is a retired emergency physician. He served as an Arizona State senator for 10 years in the 1990s, and as Majority Leader from 93-96. He is the author of Arizona’s original charter schools bill.
Congressman David Schweikert (R-AZ1) delivered his weekly speech before the U.S. House of Representatives last Tuesday and stated that the looming fiscal crisis of the United States is not an ideological matter but is instead a matter of inevitability.
Schweikert, widely known as a budget hawk conservative on the federal deficit and the trajectory of the national debt, warned that the political culture on both sides of the aisle “remains entrapped in a cycle of partisan folklore.”
In a press release, he stated that “the nation’s debt trajectory—already consuming 40 percent of global sovereign borrowing—is poised to spiral out of control, with interest payments alone eclipsing essential expenditures.”
Schweikert suggested in his remarks that with the Social Security trust fund projected to collapse by 2033, “the nation is blindly entering into an era where senior poverty will double overnight.” But he provided a blueprint for a potential solution that leverages data science and AI-driven efficiencies to close this gap, noting that Congress’ failure to do so has further exacerbated the oncoming fiscal collapse.
He told the House, “If I came to you today and said, ‘Let’s strip any partisanship; we need to find waste, fraud, abuse, modeling issues where we’re doing things the wrong way, where we have models that are decades out of date…’ would you hire an army of auditors? An army of lawyers? Or would you hire data scientists?”
He answered, “Turns out, several years ago, Congress started requiring agencies that send out payments that cover health care costs and that send out checks to start sending error reports. In 2023, the reports came back at $236 billion of improper payments. That’s a stunning amount of money, but that doesn’t mean that there’s $236 billion of improper payments that have been stolen. There’s a bunch that has been, but it’s more complex. An army of auditors would take years to grind through this. That’s why there’s the miracle of technology right now—hire some data scientists.“
Schweikert also suggested a policy of aggressive transparency and candor with the American people saying ,“In 2033, the Social Security trust fund is empty. Our brothers and sisters on Social Security will take a 17 percent to 20 percent cut; we DOUBLE senior poverty in America. And when someone says, ‘Just raise the cap,’ our model shows that in 2034, raising the cap only covers about 38 percent of the shortfall. You’ve wiped out the cash needed to save Medicare, which actually runs out like three years later.”
He continued, citing the COVID shutdown and stimulus as being a serious contributor to the problem, “One of the reasons for this chart is [it’s] trying to demonstrate something very simple, that back before TCJA– the 2017 tax reform– the actual projection of what tax receipts would be– so, before the tax changes– we’re right on track. You see the weird blip there? That was a remarkable amount of spending that happened during the pandemic. We actually just went back to nominal. So, what happens here? What happens when there’s this intense, intense hunger to play this weird blame game instead of being willing to tell our voters the truth?“
“Rust Belt city benefits from Bidenomics” headlined an article last month in the Wall Street Journal, detailing the economic rebound being experienced by Terre Haute, Indiana, a former manufacturing center in decline for many decades.
Suddenly, due to an infusion of stimulus funding from the 2021 American Rescue Plan Act and the 2022 Inflation Reduction Act, this community is experiencing such a windfall that the mayor is “running out of room on his whiteboard” tracking infrastructure projects. New factories are being built, new home starts have tripled, long vacant properties are rehabbed. The venerable Charlie’s Pub and Grub will get a new roof and awnings.
The new initiatives in Terre Haute are part of the hundreds of billions of dollars in federal subsidies supporting manufacturing, housing, and clean energy ventures doled out during the Biden administration.
But one question was never asked. Where is all this money coming from? You might think “taxpayers,” but the truth is that we spend $2 trillion more every year than we take in. There are no available tax-derived funds available to distribute.
Instead, we spend fantasy money, loans charged off to future generations who don’t vote yet. We really do love them, just not as much as the luxury of getting to have things that we don’t have to pay for.
The Terre Haute story, just one of thousands like it, contains several insights into why spending cuts are so difficult and rare. The public habits of mind we have developed about the role of government and the responsibility of government to live within its means are the ultimate reason we have fallen into such fiscal danger.
Earlier generations of Americans would have been alarmed, not heartened, at the gigantic unfunded Biden spending surge. We instead assume that none of us should endure hardship or decline and that if we do, it is the duty of government to rescue us. Personal responsibility is outmoded.
Government has never been known for its efficiency, so all these “free” things are actually quite expensive. The good news is we still have a productive economy that has generated 1.4% revenue growth, net of inflation, since 2001, the last year the budget was balanced. Reasonably prudent governance would have achieved budget surpluses.
But that’s not what happened. Politicians spent so much feeding our welfare addiction that spending grew by an inflation-adjusted 3.0% annually, creating the true crisis we now face. Present projections by the Congressional Budget Office indicate spending will continue to outpace revenues, absent reform. Our national debt stands at an unimaginable $36 trillion, while borrowing costs are rising.
We’re in deep trouble. It may well be too late to avoid fiscal collapse. Interest on the national debt, the only truly non-negotiable item in the budget, tripled during the Biden years. It now exceeds total defense spending.
Interest payments amount to half of the total amount borrowed We are borrowing money to pay interest on the growing sums already borrowed, with no plan in place to reduce the debt amount, the dreaded Doom Loop.
Yet at this point, millions of families and seniors, businesses and governments manage their finances based on the expectation of federal subsidies, without which they presumably would be bereft. Over 75% of the federal budget goes to support these private expenditures.
Can Trump be the white knight who rescues us from fiscal doom? The logistics aren’t all that ominous (e.g., raising the retirement age of Social Security by two years would help), and Trump has generated more support for cost-cutting than any politician in memory. But it’s a matter of simple arithmetic. We can never balance the budget without addressing entitlements. That’s where the money is.
Entitlements are termed “mandatory” spending, but they are really just creations of Congress which can legally amend them at will, if they have any.
Unfortunately, Trump so far shows more interest in the low hanging fruit (Department of Education, USAID, obvious fraud) than in the hard work of convincing the American people that substantial entitlement reform is risky but necessary. Without him, Social Security and Medicare will remain No-Go zones even for budget hawks.
The task only gets harder as time passes. We’ll see soon.
Dr. Thomas Patterson, former Chairman of the Goldwater Institute, is a retired emergency physician. He served as an Arizona State senator for 10 years in the 1990s, and as Majority Leader from 93-96. He is the author of Arizona’s original charter schools bill.
The federal government owns multiple trillions of dollars of federal assets — from land, to buildings, to patent rights, to mineral rights, to immigrant visas, to oil fields to trucks and trains and unused office furniture equipment.
The government could earn well more than $1 trillion and perhaps as much as $10 trillion by selling off these assets that are simply hoarded (figuratively) in the dark and dusty basement of government buildings. These assets could then generate added annual tax receipts once they are utilized for productive purposes.
I’m not talking about selling the Washington Monument or Yellowstone National Park. The sales could and in most cases should be limited to American citizens and American businesses.
I’m referring to NON-environmentally sensitive properties that could be put to use growing our economy and using the money to retire some of our $35 trillion national debt. The sales could and should in most cases be limited to American citizens or businesses.
It’s a win-win for taxpayers, our children (who will be handed a lower debt obligation) and the U.S. economy.
One of the most valuable assets that should be put on the auction block immediately is tracts along the electro-magnetic spectrum. The spectrum contains the invisible airwaves that power mobile phones, Wi-Fi and other wireless technologies such as 5g communications.
In the past, auctioning spectrum rights to telecommunication firms and tech companies has raised more than $100 billion for the U.S. Treasury.
Congress could raise at least another $100 billion in another round of spectrum auctions. This would sell or lease space that the military doesn’t need and that other agencies of government (such as local police and fire departments) are fine without.
This strategy would help stimulate the economy in two ways. First, as in the past, the revenues raised can offset any real or imagined revenue loss from the imperative of making the Trump tax cuts permanent.
A new report by the economic consulting firm NERA, finds that auctioning 100 megahertz of mid-band spectrum that’s licensed for 5G will boost U.S. GDP by more than $260 billion, and create 1.5 million new jobs
On at least four previous occasions, Congress has used dollars raised from spectrum auctions to offset tax cuts in reconciliation packages. That’s exactly what they should do again.
“Effectively allocating spectrum to meet the ever-growing need is critical to promoting American innovation and protecting our national security,” Chairman Richard Hudson said yesterday at the first House Energy and Commerce Subcommittee on Communications and Technology hearing of the new Congress.
He points out correctly that the U.S. government has been conducting spectrum auctions for the past 30 years, and they have a track record of success. They are much fairer than giving bureaucrats the power to decide who gets spectrum, which can lead to allocations that are politically or ideologically motivated, with the result that spectrum would be used inefficiently (or not at all) by beneficiaries.
Auctions are open and transparent, minimizing the risk of shady backroom deals. They ensure that the spectrum goes to those who value it most and can use it most effectively.
Anyone who is concerned about ensuring the uninterrupted connectivity of our electric grid system and our daily Internet connection should be all for these auctions — especially as the world goes wireless and communicates less through cables and more through satellite beams.
This is also critical to maintaining our technology lead against the Chinese communist government. One Chinese news agency reported last July that, “China’s 5G network now covers every city and town in the country, as well as more than 90 percent of its villages.”
We are dangerously lagging behind and without timely spectrum auctions the gap will grow wider.
Auctions of the spectrum and other federal assets will drive progress and prosperity — and raise revenue to pay for tax cuts or retire our debt that is soon to eclipse $40 trillion. What’s not to like about that?
Stephen Moore is a contributor to The Daily Caller News Foundation, a visiting fellow at the Heritage Foundation, and a co-founder of Unleash Prosperity. His latest book is “The Trump Economic Miracle.”