The race to fill the open seat in Georgia’s 6th district is attracting nationwide headlines, but one issue getting less focus is nevertheless one of the most crucial for any race: Which candidates are serious about reducing spending and debt?
Attempting to find answers to this question is why the Coalition to Reduce Spending sends every federal candidate a copy of the Reject the Debt pledge. This simple commitment asks candidates not to vote for unbalanced budgets or for new spending that is not offset with cuts, and it’s been signed by stalwart leaders such as Rep Jody Hice (GA-10), Rep. Jim Banks (IN-3), and Sen. Ted Cruz (TX).
To date, David Abroms is the only candidate to sign in the GA-6 race. He explained why in a recent note he sent to the Coalition:
By signing the Coalition to Reduce Spending’s “Reject the Debt” pledge, I’m proud to say that I’ve taken an important step towards restoring fiscal sanity in Washington.
Voting by the guidelines set forth in this pledge, I’ll reject Washington’s irresponsible spending, restore balance to the budget, and reduce the national debt.
It’s a fact of life that our country is going broke. My generation will be faced with a budget crisis unparalleled in our history if we continue on our current path of reckless regulation, borrowing, and spending. We must get our financial house in order before it’s too late.
That’s why I signed this pledge, because I believe that I will have no more important job as your congressman than working to secure the welfare of the people of Georgia’s 6th district, the state of Georgia, and our nation.”
Last fiscal year, our government collected $3.3T in tax revenue while our national debt rose to nearly $20T. That means our debt is 6 times to total amount of revenue our government collects in a year, while still adding over $500B to the debt every year. As interest rates increase, the interest on the debt will burden our government to such an extent that we will not be able to afford the most basic needs of our government. Debt will put every government program in jeopardy, including the intelligence and defense departments which we need to keep viable in order to insure our national security. America will not be the super power in the world if we do not get our debt under control.
In business, I always understood that you can not build a viable business on debt, and the rules aren’t any different for our country. I am only 33 years old, but I remember when I was younger, our national debt was $4T, and in my short life it has risen to $20T. This is unacceptable. This is such a serious problem that it will require serious bipartisan solutions to tackle this enormous challenge. I will not sit quietly while our country falls into financial chaos. If it does, it will be the least advantaged among us that will suffer the most. We have seen this happen throughout history. Let’s learn the lessons so we do not repeat them.
We’re proud to have Mr. Abroms stand with us in our mission and would urge his fellow candidates to follow his lead and go on the record to Reject the Debt!