Repeal of section 1031 like-kind exchanges would hurt small businesses, investment & economic growth https://t.co/UsuNj6VkhC
Congressman Schweikert Helps Lead Fight Against Government Spending
While the White House is focused on maligning the only real efforts to restore America’s solvency, it has offered no solution to the explosion of government spending and debt. Thankfully, the Republican-led House of Representatives hit the ground running in 2010, offering plenty of solutions to stop the federal spending binge and rein in the size of government.
Many members have made an effort to educate their colleagues and constituents about just how bad the government spending problem is. Congressman Schweikert’s website serves as a fantastic resource for taxpayers hoping to grasp the severity of the country’s fiscal insecurity. Rep. Schweikert’s office has posted easy to read charts that detail the glut of federal spending, projected to rise from almost $3.8 trillion today to over $4.5 trillion by 2017. Meanwhile the government is borrowing over $4 billion a day and spending it on taxpayer funded clown shows.
Rep. Schweikert also includes helpful data that illustrates that the government does not have an under-taxing problem – it has an overspending problem. He includes helpful graphics that focusing on revenues, as the President and his Democrat allies have, will do little to solve ballooning baselines and out of control entitlement spending. Rightfully, the Congressman keeps the focus on the only solution for fixing the current fiscal malaise: shrink the size of government by cutting spending.
In addition to Congressman Schweikert’s efforts, many House members are publicizing the growth of government deficits. The websites of Congressmen Sean Duffy (WI-7) and Wally Herger (CA-2) both have graphics showing the national debt which increases more in the time you take to read this sentence than most taxpayers earn in a year. Meanwhile, last year then-House Majority Leader Eric Cantor (VA-7) launched YouCut, an interactive service for citizens to specify where Congress should target spending cuts to reduce the government’s exploding deficit. Taxpayers looking to learn more about federal spending and debt should check out these very helpful resources.