Op-Ed: The Federal Government Is Dining Out On Your Dime.
This article originally appeared in Daily Caller on February 6, 2023
Treasury Secretary Janet Yellen recently announced that the U.S. government reached the debt ceiling on January 19 and initiated extraordinary measures to avoid default, extending the debt ceiling increase deadline to June. On cue, the Biden Administration and its allies on the left have demanded that Congress pass a stand-alone increase in the Nation’s debt limit without instituting any reforms whatsoever. This demand comes despite the fact America is facing World War II levels of debt and higher interest rates that increase the amount of American taxpayer money that is sent to China and other international creditors.
The big spenders on the left are making this take-it-or-leave-it demand even though Americans across the country are tightening their belts. Higher interest rates are worsening what Secretary Yellen has already admitted herself is an “unsustainable fiscal path” for the federal government. To achieve its goal, the Left is resorting to a false analogy to shroud its own extreme position while trying to label conservatives the unreasonable ones for seeking to negotiate on some common-sense reforms...
Read full op-ed in Daily Caller