September 20, 2016
As Congressional leaders near a deal on a short-term spending resolution, The Heritage Foundation’s Michael Sargent issued this warning:
“Lawmakers have us mired in almost $20 trillion in debt — nearly double what it was when President Obama took office. And a continuing resolution only makes matters worse.
“A short-term measure, like what is being proposed in the Senate, is designed to do one thing only: Stave off any major decision-making until after the election, at which point they’ll come back for a ‘lame duck’ session and indulge in yet another year-end spending binge. This spree will likely blow through the spending caps Congress enacted in 2011 and sets lawmakers up to bust the caps yet again in 2018.
“The American people are tired of broken promises to rein in our growing debt, but instead of making the reforms needed Congress is setting the stage to ignore the American people once again and that is a shame.”
~ Michael Sargent, Research Associate in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation
More of Michael's recent work is available below: