Skip to main content

Guest Commentary: Tackling our nation’s most pressing yet overlooked crisis

In 1982, President Ronald Reagan famously remarked that “we don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much.” Exactly 40 years later, these words still ring true as Washington’s addiction to spending has only worsened. In fact, since the day that Reagan aptly described our serious debt crisis decades ago, our national debt has grown 30-fold, ballooning from a “modest” $1.1 trillion to more than $31 trillion today.

--- Online Subscribers: Please click here to log in to read this story and access spencerdailyreporter.com

Not an Online Subscriber? Click here to subscribe.



Sign up for News Alerts

Subscribe to news updates