Texas Scorecard By Michael Quinn Sullivan May 8, 2019
Texas Republican Chip Roy and other lawmakers warn spending on the nation’s debt payments will soon exceed defense spending.Members of Congress are urging House Speaker Nancy Pelosi to put a tight lid on federal spending.
Among those leading the charge is Republican Chip Roy of the 21st congressional district, petitioning the California Democrat to “work on a bipartisan basis†in restraining the nation’s persistent debt problem.
“As you know, our nation recently surpassed $22 trillion in debt. With every hour that passes, we add $100 million to that figure. That is unconscionable. That must end,†according to the letter Roy and others will deliver to Pelosi later this week.
The congressmen note interest payments on the nation’s debt will soon exceed defense spending, and that Medicare “is slated to run out of funds by 2026†followed by Social Security in 2035. They add:
More:
https://texasscorecard.com/federal/letter-pelosis-congress-must-adhere-to-law-cap-spending/