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Congress Should Work with Trump Administration on National Debt

March 1, 2017 - 1:00pm

Responding to President Donald Trump touching on the national debt in his first State of the Union address on Tuesday night, on Wednesday, U.S. Rep. Carlos Curbelo, R-Fla., took to the House floor to weigh in on the issue. His speech is below:

Mr. Speaker, I rise today to discuss one of the most serious issues facing the United States – the staggering national debt that will reach $20 trillion this month, or $62,715 per person living in our country.
While the national debt grew over $9 trillion under President Obama, we now have an opportunity here in this Congress to work together with the new administration to propose and debate solutions that will address our country's debt and get our fiscal house back in order.
Every day, families across my district sit around the dinner table and make tough decisions about how they'll spend their money. Most stick to their budgets because they don't have a choice, and their government should be no different.
In 2015, I was proud to support a two-year bipartisan budget agreement that implemented new caps on discretionary spending for both fiscal years 16 and 17. Too often enormous sums are wasted due to unpredictable budget cycles and government shutdown threats. 

With the adoption of this two-year budget Congress was able to reduce wasteful spending by providing certainty to agencies as they plan for the future. The budget also included reforms to entitlement programs, which is the largest percentage of national debt. It's important that we protect programs like Social Security, Medicare, Medicaid, the invaluable safety net for those who need the help, while working to implement reforms to make these programs solvent for future generations.
Mr. Speaker, my constituents sent me back to Washington to continue to build consensus with my colleagues on both sides of the aisle to advance solutions that will rein in our national debt, and that's exactly what I plan to do. It is our duty as elected officials to leave our children and grandchildren with the same economic opportunities as previous generations, and that will continue to be one of my main priorities here in Congress.

U.S. Rep. Carlos Curbelo, R-Fla., was first elected to Congress in 2014. 


All living former Presidents need to be called into Washington D.C. and on camera live explain what portion of the National Debt on their watch and why. Then they need to find a way to repay, while on camera so the American Citizen can see for themselves where the money went to. I wanna hear From Loud mouth Bush and specifically hear from Obama. I just knew this was gonna happen to President Trump, a tad bit over 30 days as President He will get Lambasted as to when will He have the National Debt paid off in full.

Actually, the House of Representatives generates the budget. It is THEIR responsibility to be fiscally sound. If they go along with Trumps $1 Trillion Transportation boondoggle, the $700 billion maternity leave, the cost of building the wall, and the increase in the Defense budget, without showing actual cuts elsewhere, our Nation Debt is going to explode past $25 Trillion in the not too distant future. It is an embarrassment to most Americans. We need to stop monetizing the debt, and balance the budget. In regards to President Bush, while I did not agree with some of his social policies, the budget was getting close to being balanced, when the financial collapse of 2008 occurred(just $161 Billion in 2007).

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