OKC Standard

Congressman Josh Brecheen, in an op-ed for The American Conservative, highlighted the dire financial situation faced by the United States. He pointed out that "annual interest payments on the debt are expected to exceed the cost of our nation’s entire defense budget in 2024," and warned of the predicted annual deficit reaching $2.6 trillion by 2034.

Brecheen also raised concerns about the nation's skyrocketing debt levels, stating that "each citizen now owes the federal government a check for over $101,000." He emphasized the urgency of the situation by mentioning that the Social Security Trust Fund is expected to become insolvent by 2033 if no action is taken.

Highlighting the impact of inflation on American families, Brecheen noted that "the devaluation of our currency has resulted in the average family of four spending an additional $1,200 per month." He criticized the Washington establishment for its inability to curb spending, leading to continued inflationary pressures.

In advocating for fiscal responsibility, Brecheen referenced George Washington's Farewell Address, where the first President called on Congress to prioritize debt retirement. He urged his Republican colleagues to follow the example of the Greatest Generation, who paid off the costs of the Second World War instead of burdening future generations.

In a warning against the consequences of unchecked spending, Brecheen quoted Thomas Jefferson, who cautioned that "the forehorse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." He urged for decisive action to curb spending and secure America's future.

As the nation grapples with its financial challenges, Congressman Brecheen's call to heed the wisdom of the Founding Fathers resonates as a timely reminder of the importance of fiscal responsibility and prudent economic management.