Federal debt should be an emergency measure in times of war and severe economic depression. Using federal debt as a means of funding daily operations is irresponsible and self-destructive.
Most of us remember clearly the demise of Enron, WorldCom, and Lehman Brothers. We could also
look at the economic woes brought about by debt-funded spending of European nations such as Greece. And there is General Motors, which when bailed out by the U.S. government, was said to be too big to (allow to) fail. Nothing is too big to fail – but the United States is too big to be bailed out. If our debt is not reigned in, we are abandoning a foundational purpose of our government – “to secure the blessings of Liberty to ourselves and our posterity”. We need representation that will demand responsible spending and keep our nation financially solvent.