America is already over $20 trillion in debt. High levels of federal debt contribute to:
- Higher costs of living for you and your family;
- Slow wage growth and smaller paychecks;
- Reduced ability for the government to respond to future crises, like the Great Recession; and eventually,
- A debt situation that spirals out of control, as recently occurred in Greece and Puerto Rico.
Our national debt is a national crisis with very real consequences, and it is not fair to leave this burden for future generations.
We must consider further reforms to existing programs that ensure the future of Medicare, Medicaid and Social Security, that will inject some discipline into our spending practices as a country, that bring down the deficit, and that build long-term fiscal stability. I am committed to supporting policies that do not balance the budget on the backs of seniors but reform our entitlement programs for future generations.
More on Debt Reduction
Washington, D.C. – The Congressional Budget Office (CBO) released its 2017 Long-Term Budget Outlook today and Rep. Susan Brooks released the following statement in response to the CBO’s findings:
Washington, D.C. - Today, the House of Representatives passed the Fiscal Year (FY) 2017 Budget Resolution (S. Con. Res. 3) by a vote of 227 to 198. Congresswoman Susan Brooks (R-IN05) voted in favor of the resolution and released the following statement:
WASHINGTON, D.C.— Today, the House passed H.R. 3442, the Debt Management and Fiscal Responsibility Act, which requires the Administration to appear before Congress prior to each potential debt limit increase and provide testimony and detailed reports on (i) the national debt and its key drivers; (ii) explicit short, medium, and long-term debt reduction proposals; and (iii) progress on debt reduction. Following passage, Congresswoman Susan W. Brooks (R-IN) released the following statement:
WASHINGTON, D.C.— Following today’s passage of the Bipartisan Budget Act of 2015, Congresswoman Susan W. Brooks (R-IN) released the following statement:
Congresswoman Susan W. Brooks (R-IN5) released the following statement after voting in favor of Budget Committee Chairman Paul Ryan’s “Path to Prosperity” Fiscal Year 2015 budget plan:
Congresswoman Susan W. Brooks (R-IN) offered the following statement in response to the budget plan President Obama released today:
“The President’s budget raises taxes and still fails to balance our nation’s checkbook. Taking more money from hardworking taxpayers to fund another federal spending spree won’t turn our economy around or help people find the jobs they need.
Senator Dan Coats (R-Ind.) and Congresswoman Susan W. Brooks (R-Ind.) met Wednesday with leaders of the Indiana chapter of The Campaign to Fix the Debt, a non-partisan movement to put America on a better fiscal and economic path. Coats, Brooks and attendees discussed the need for a comprehensive plan to fix our long-term debt and deficit.