Sen. Braun: Govt Operating on $28.4 Trillion Debt Will ‘Drive It Into the Ditch’

By Ashlianna Kreiner | August 13, 2021 | 12:06pm EDT
Sen. Mike Braun (R-Ind.)  (Getty Images)
Sen. Mike Braun (R-Ind.) (Getty Images)

(CNS News) – When asked if the $28.4 trillion federal debt was too much, Senator Mike Braun (R-Ind.) said it was “too much a long time ago” and it will “drive it into the ditch sooner rather than later.”

At the U.S. Capitol on Tuesday, CNS News asked the senator, “The debt of the federal government is now $28.4 trillion. Is that too much?”

Sen Braun replied, “I said that was too much a long time ago. When I got here two-and-a-half years ago, you know where we were? $18 trillion. You know where we are going to be over the next few months? About $32 [trillion]. You cannot borrow money and think that it’s going to deliver prosperity like that.”

CNS News asked the follow-up question, “Is there any federal program or agency that you would eliminate to reduce the federal spending?”

The senator responded, “Just start with the penny plan. In any business, if you were spending that much more money than what you’re taking in, you’d look at the places not delivering the goods, and then you’d go across the board and just put a lid on it. Don’t double, triple, and quadruple down like this place -- it’ll drive it into the ditch sooner rather than later.”

According to the U.S. Treasury Department, the total public debt outstanding as of Aug. 9, 2021, was $28,427,651,083,061.54, or roughly $28.4 trillion.

(Getty Images)
(Getty Images)

The federal debt did not surpass $1 trillion until fiscal 1982. That fiscal year, according to the Treasury, the debt started at $997,855,000,000 and ended at $1,142,034,000,000.

Over the last 39 years, the debt has ballooned, from $1.1 trillion to $28.4 trillion. The federal debt did not surpass $1 trillion until fiscal 1982. That fiscal year, according to the Treasury, the debt started at $997,855,000,000 and ended at $1,142,034,000,000.

Over the last 39 years, the debt has ballooned, from $1.1 trillion to $28.4 trillion. In the 1994 Contract With America, conservative Republicans called for eliminating the Department of Commerce, Department of Energy, Department of Education, and the Department of Housing and Urban Development. 

In the federal government, in addition to the legislative, judicial, and executive branches, there are 15 departments, such as Defense, HHS, Commerce, and Education. Also, there are approximately 457 agencies

According to The Hill, “The federal government employs nearly 9.1 million workers, comprising nearly 6 percent of total employment in the United States. The figure includes nearly 2.1 million federal employees, 4.1 million contract employees, 1.2 million grant employees, 1.3 million active duty military personnel, and more than 500,000 postal service employees.” 

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