Sen. Scott: $28.4 Trillion Debt is Too Much, Must Cut Spending ‘Line by Line’

By Ashlianna Kreiner | August 13, 2021 | 1:56pm EDT
Sen. Rick Scott (R-Fla.)  (Getty Images)
Sen. Rick Scott (R-Fla.) (Getty Images)

(CNS News) – When asked if the $28.4 trillion federal debt was too much, Senator Rick Scott (R-Fla.) said, “Yes,” and added that Congress should figure out “how to live within our means.”

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. Scott said, “Yes. We should not raise the debt ceiling, period. We should figure out how to live within our means like every family in this country does.”

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

The senator replied,  “Well, the way you do it -- I did as governor -- is you go through every line and see what we are getting return on. Not getting return, then stop spending the money. I balanced the budget every year as governor and actually paid off a third of the state debt. You go line by line.”

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. 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.

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.” 

Transcript

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

Sen. Scott: “Yes. We should not raise the debt ceiling period. We should figure out how to live within our means like every family in this country does.”

CNSNews.com: “All right, and is there a federal program or agency that you would eliminate to reduce the government spending?”

Sen. Scott: “Well, the way you do it, I did as governor, is you go through every line and see what we are getting return on. Not getting return, then stop spending the money. I balanced the budget every year as governor and actually paid off a third of the state debt. You go line by line.”

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