Jeff Atwater Calls Out Federal Government's Fiscal Management

Florida CFO Jeff Atwater might not be running for the U.S. Senate in 2016 but he weighed in on how the federal government was managing its finances on Thursday. Noting that National Taxpayer Independence Day falls on Friday this year, Atwater said the federal government needs to get its fiscal house in order.

The most concerning thing about National Taxpayer Independence Day is what it doesnt include, Atwater said on Thursday. While the nations families can now begin to earn income beyond their total annual tax burden, they remain saddled by the federal governments uncontrolled debt.

Just as every American forfeits a sum of money that amounts to nearly one-third of their annual income in taxes, every American household would have to forfeit 14 straight months of income to pay off the current gross federal debt, which doesnt even include the debt that Washington keeps piling on the backs of hard-working Americans," Atwater added. American households make tough financial decisions each day and must operate within a budget, and its time the federal government should start doing the same.

Atwater took his name out of contention earlier this month to replace U.S. Sen. Marco Rubio, R-Fla., in 2016.