Sen. Cruz: ‘Of Course,’ the $28.4 Trillion Federal Debt Is Too Much

By Ashlianna Kreiner | August 12, 2021 | 11:13am EDT
Sen. Ted Cruz (R-Texas)   (Getty Images)
Sen. Ted Cruz (R-Texas) (Getty Images)

(CNS News) – When asked if the $28.4 trillion federal debt was too much, Senator Ted Cruz (R-Texas) said, “Of course, it is.”

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. Cruz replied, “Of course, it is.”

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

The senator responded, “There are quite a few. But I’d start right now with not spending $9.5 trillion dollars, which is what Joe Biden and the Democrats are trying to do.”

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.

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.

(Getty Images)
(Getty Images)

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 453 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.”

Transcript

CNSNews.com: “Senator Cruz, the debt of the federal government is now $28.4 trillion. Is that too much?”

Sen. Cruz: “Of course, it is.”

CNSNews.com: “And is there any federal program or agency that you would eliminate to reduce the federal spending?”

Sen. Cruz: “There are quite a few. But I’d start right now with not spending $9.5 trillion dollars, which is what Joe Biden and the Democrats are trying to do.”

MRC Store