State of Louisiana secondary Archives: on Budget & Economy

Garret Graves: We have a spending problem: $1.5M lifetime debt per child

Every child born in America today has an opportunity to receive an outstanding education, freedom to pursue their dreams and, oh yes, a $1,500,000 lifetime share of the national debt.

Rather than raising taxes to fund government, we have to make a course correction and change the way we think about spending. The White House and Congress have largely just provided funding for a bloated bureaucracy regardless of cost. We need to return the focus of Washington to core federal government roles and services. Do we even need a Department of Housing and Urban Development or can states play this role?

Our national debt has increased by over 60 percent (to over $17 trillion dollars) during the Obama Administration--with no end in sight. America does not have an income problem, we have a spending problem.

Source: 2014 La. House campaign website, Dec 5, 2014

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Page last updated: Feb 12, 2018