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Lanhee Chen: A Spending Problem

single-payer

President Trump earned significant praise for his first State of the Union Address—and for good reason. It presented an affirmative vision for what unified Republican governance can accomplish. It also laid out policy priorities to keep the homeland secure and strengthen our economy. One thing that was missing, however, was any mention of our growing deficits and national debt. Washington is spending more money than it has and more than it should—and lawmakers from both parties seem perfectly content to continue on the path we’re on. This spending requires us to borrow money from foreign adversaries, hurts our economy’s ability to grow and leaves our kids and grandkids with the bill.

 

A change in course is desperately needed. Indeed, reining in spending is never politically easy. That’s why it will take a leader willing to buck trends and attack the special interests—and perhaps even some in his own party—to get the job done.

 

Here’s to hoping that Donald Trump can be that leader.

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