Issue Position: Debt

Issue Position

The most predictable crisis that America faces is financial solvency. Over the past 15 years, the national debt has skyrocketed from less than $6 trillion to more than $18 trillion. The Obama-Boehner budget deal from October of 2015 puts America on the path to reach $20 trillion in just a couple of years. While the interest on the debt may be manageable with historically low interest rates, the government's interest payments will skyrocket once rates move higher, which will crowd out government spending and lead to a debt crisis.
Ron has consistently stood up against debt-busting budget deals and has earned a reputation as a leading fiscal conservative in the House. He will continue his work to tame the debt and to enact a balanced budget amendment to the Constitution.

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