Do Congressional Savings Equal Lower National Debt?
As of Sept 2019, our national debt is at 22.7 trillion. I know that I’m not the only American who asks the question, “can this debt be reversed or paid off?” About two-thirds of this debt is held by the public, and one-third is intra-governmental holdings.
America, as your Congressman…
I will sponsor legislation to abolish the automatic congressional retirement fund. In other words, when you leave your elective office, your government paycheck stops. And all of the taxpayers money that’s in that retirement fund, will go to social security. I will also sponsor legislation to reduce congressional pay from $175 K to $150 K. I have no idea what kind of effect this reduction in spending would have on our national debt, but I do know, Congress can not continue to spend our money the way they are.