George Polycranos

Port Matilda

Many Americans make hard budgeting decisions every day understanding that living on credit while spending more than you earn is simply not sustainable.

So why are Congressional Republicans OK with a spending bill that explodes our nation’s already staggering $32.2 trillion national debt? Taxpayers are currently spending more each year on interest than for our national defense.

Economists warn that increasing the national debt at this time will jeopardize our nation’s ability to respond to real future crises such as wars, pandemics, and natural disasters. We should be getting our fiscal house in order not adding another $2.4 trillion to our deficit to extend Republican tax breaks for billionaires.

Trump’s “Big Beautiful Tax Bill,” which has been accurately described as “the largest upward transfer of wealth in American history,” steals from the poorest Americans in order to provide massive tax cuts for the wealthy. This bill contains $1.1 trillion in tax cuts for people who make more than $500,000 a year along with $1.1 trillion in cuts to Medicaid and SNAP food assistance. 15 million Americans stand to lose their health insurance.

Increasing our national debt will also fuel inflation as the government raises interest rates to attract investment necessary to cover the deficit. Subsequently, interest rates on mortgages, car loans, and credit cards will also increase.

Enough is enough!! Call Senators Fetterman, McCormick, and Congressman Glenn Thompson to demand that they reject this harmful spending bill and start putting the needs and well-being of average hardworking Americans first.