Fiscal Responsibility
Key Summary
Due to the irresponsibility and negligence by the United States government from every administration and Congress since President Clinton balanced the federal budget, the American economy, the American consumer, foreign business interests, American businesses, and the American taxpayer have been put in the largest debt ever accumulated in history. Over $39.3 trillion. The debt has surpassed the economic worth of the country. For the first time in 2026, debt interest payments reached over $1 trillion. This now makes up the 3rd highest expense for the US after social security and Medicaid/Medicare. Negligence and gross incompetency have brought the US to this position, where $1 trillion is being spent on debt rather than being invested in healthcare, education, infrastructure and a pathway out of poverty for those on welfare. Inflation is rising, the deficit is getting out of control and as Americans continue to pay the price, their elected representatives continue to ignore their needs. If the debt continues, the US will have to default which will cripple the economy, or it will have to raise taxes and cut significant funding to welfare programs putting Americans in a vulnerable state. We advocate that Congress should adopt the Swiss model (revenue x economic factor = budget). In addition, we should expand the pay in of Social Security Taxes while lowering the tax rate to 11.3%. The United States deficit HAS to be eliminated, not lowered, eliminated and the only way to do that is to cut wasteful spending, and lower the amount that we invest in defense, homeland security, and foreign subsidies. Our spending priorities must be enough to ensure domestic safety, successful healthcare, flourishing education, and to meet our social security obligations.
The Crumbling Dollar
In 2026, the United States paid over $1 trillion in debt & interest payments
-Bipartisan Policy Center
For every $1 the government collects, it spends $1.32
America borrows an additional $5 billion every day which adds nearly $2 trillion to the debt
-Congressional Budget Office
Since 2021, consumer prices have risen over 23%
-BLS
The United States debt has surpassed the GDP. It currently sits at $39.2 trillion
-CBO
What can we do?
At $1 trillion in debt payments, and 168 million tax returns filed, that equates to over $5,900 in taxes just to debt payments per taxpayer
-IRS
High deficits creates inflammatory conditions for the marking economy.
Debt is now among the top 3 highest federal expenses
-CRFB
Enforce fiscal responsibility in Congress by withholding paychecks if they fail to balance the federal budget.
Eliminate government wasteful spending such as Medicare Advantage rebates, high contractor spending in the Military, and subsidies to harmful industries.
Expand social security taxes so that all Americans pay in while still lowering the total social security tax to 11.3%.
Strengthen tax codes so that corporations and wealthy Americans can’t take advantage of loopholes.
Save money on welfare by making welfare programs a pathway out of poverty rather than a safety net.