Commentary
The record high inflation that is plaguing Americans is being fueled by out-of-control federal spending. The federal government has spent over $6 trillion on COVID-19 related pandemic stimulus measures. The most recent, American Rescue Plan Act (ARPA) was not even needed as most states are experiencing large surpluses. The national debt is over $30 trillion and rising, which translates to an estimated $97,500 per citizen. This does not even include the unfunded liabilities of entitlement programs such as Medicare, Medicaid, and Social Security. The United States is confronted with a serious debt crisis and if Congress does not rein in spending it will create dire economic and national security consequences. Senator Mike Braun (R-Ind.) is attempting to restore fiscal sanity. Sen. Braun is proposing a budget plan that will begin the process of addressing out-of-control spending….