Fiscal Responsibility
As a 20-year veteran, I know a national security threat when I see one, and our over-the-top spending fits into that category. Our national debt is over $36 trillion, and our last fiscal year had a budget deficit of $1.3 trillion. This is unsustainable. We have a chronic spending problem, and cutting wasteful regulations and government — not services — is necessary.
More on Fiscal Responsibility
WASHINGTON - Congressman Rich McCormick (GA-07) has introduced the Incentivize Savings Act, a groundbreaking piece of legislation aimed at addressing the nation's unsustainable fiscal trajectory. With federal agency spending increasing by 51.7% from fiscal year (FY) 2019 to FY 2024, and deficit spending rising by 85.9% over the same period, it is clear that our current system is broken.
