Opinion: Time to get America's fiscal house in order: Here are the first steps
The Senate and House Appropriations Committees are charged with writing 12 separate bills to fund different components of the federal government prior to Sept. 30, the end of the government’s fiscal year. That didn’t happen in 2022 or 2021. The Democrat-led Senate did not pass a single regular appropriations bill and instead used stopgap funding measures to keep the wheels of government turning while they compiled a massive spending bill.
Next, we need to reform spending. There’s bipartisan agreement that entitlements, which account for nearly two-thirds of the federal budget, are unsustainable in their current form. Projections show Social Security recipients will see a reduction of almost 25% in their benefits if we do nothing – an unacceptable outcome. It’s time for tough conversations and significant reforms to protect the longevity of these programs for the people who need them most.
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