Budget
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A recent report from the Congressional Budget Office (CBO) projected our nation will add nearly $19 trillion to the national debt over the next 10 years. CBO projects the debt will equal 118 percent of gross domestic product 2033. With the national debt already in excess of $31 trillion, inflation hammering American families, and economic uncertainty threatening American small businesses, it’s clearer than ever we must put a stop to runaway spending in Washington.
Washington, D.C. – Rep. Adrian Smith (R-NE) released the following statement after President Joe Biden delivered his 2023 State of the Union address:
August’s Consumer Price Index shows inflation continues to rise. Prices for consumer goods have risen across the board – especially necessities like food and shelter. Unfortunately, inflation shows no sign of easing, and the National Energy Assistance Directors Association anticipates a 17 percent increase in the average household cost for Americans to heat their homes this winter.
Recently I joined several of my colleagues at a roundtable hosted by the Energy, Climate, and Conservation (ECC) Task Force to discuss proven solutions to help build resilient communities around our country by, in part, effectively addressing threats of storms, floods, wildfires, droughts, and more. Nebraskans have been hit hard by costly and tragic disasters in recent years, and the large wildfires our state has experienced this year require a comprehensive evaluation of our prevention and response policies.
This month I had plans to spend the August district work period connecting with folks in the Third District to hear their concerns and discuss the challenges Nebraskans face. Being called back to Washington for a vote on an ill-conceived, dead-end tax-and-spend package was not on my agenda.
Washington, D.C. – Today, the office of Congressman Adrian Smith announced the process for submitting applications for Community Project Funding for Fiscal Year 2023.
For a Community Project Funding request to be considered, eligible entities must submit an application by 7:00 PM CST/6:00 PM MST on April 20th.
Last week, for the first time in history, our national debt exceeded $30 trillion. For far too long members of both parties have put off the tough decisions needed to get our country's fiscal house in order, passing the buck to future generations. Unfortunately, my Democrat colleagues would still rather raise taxes and continue their reckless spending sprees than curb their spending addiction. Raising taxes is not the answer because we do not have a revenue problem in this country – we have a spending problem.
I always look forward to reconnecting at Christmas with family and friends in one of America's most beautiful places – the Nebraska panhandle. Although 2021 has ended, many of the same challenges Democrats failed to address last year as they pursued their extreme economic and social agendas await when the House reconvenes next week.
Washington, DC – Congressman Adrian Smith (R-NE) released the following statement after opposing Democrats' short-term federal spending bill, which passed the House on a 221-212 vote:
"This resolution is a symptom of two major problems: Democrats' singular focus on their social spending package and Democrats' unwillingness to stand down from extreme policy proposals like unlimited taxpayer funding of abortion.
There are no shortage of challenges facing Americans right now with our country reaching the highest level of inflation in three decades, a lack of workers to fill job openings nationwide, record illegal entry and smuggling at our southern border, and a supply chain unable to keep up with the demands of manufacturers and consumers. Despite facing these crises every day, we still have much to be thankful for as Americans.