(CNSNews.com) – The federal government spends too much every year and Congress needs to address the main drivers of that spending, said Senator Mike Crapo (R-Idaho).
At the U.S. Capitol on July 9, CNSNews.com asked Senator Crapo, “The federal government spent $4.1 trillion in fiscal year 2018 and ran a deficit of $779 billion. Does the government spend too much money, and if so, what federal department or agency would you eliminate?”
The senator replied, “Well, the question isn’t what agency would you eliminate. The question is does the federal government spend too much money and the answer is yes.”
“The solution is to address the drivers of spending, and frankly those drivers are the mandatory spending programs in the federal government,” he said. “That’s where we need reform.”
The major federal programs that require funds every fiscal year include Social Security, Medicare and Veteran’s Affairs.
On July 9, 2019, the U.S. National Debt was $22.02 trillion. Ten years ago, at the end of the fiscal year – Sept. 30, 2009 -- the national debt was $11.9 trillion. At the end of fiscal year 2000, the national debt was $5.6 trillion.