The national debt is more than $22 trillion. As Chairman of the Senate Subcommittee on Fiscal Responsibility and Economic Growth, I’m making it clear that fiscal responsibility is not an option, but a necessity to ensure the long term financial health of the United States. We must get federal spending under control by cutting wasteful, duplicative programs and ensuring taxpayer dollars are spent wisely. We must also save Medicare and Social Security from bankruptcy so that they are there for Americans who will need them in the future. Taking these steps will help protect our children and grandchildren from mountains of debt they cannot afford.
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