When we hear Congress explain how we will fund these bills, the question should be: Can you first tell me the plan to pay down the current deficit?
To be clear, I am a big supporter of smart investments in America that create jobs, improve quality of life, and generates downstream income and tax revenue. Think big. Think bold. All good.
But, no one seems to “own” the current tab. It is some other Congress’ problem or doing. Not our responsibility. Kick the can down the political road.
Congress needs to commit to a 15 year plan to square up on the debt. 4% budget cuts across the board, bump corporate taxes, bump taxes for income over $1 million, cut loopholes, tax the dog shit out of tobacco, alcohol, soda, fast food, and anything that makes us obese.