A Government Shutdown Over Spending? BRING IT ON!

A Government Shutdown Over Spending? BRING IT ON!
The National Debt Clock in New York on July 7, 2023. Samira Bouaou/The Epoch Times
J.G. Collins
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Commentary

As the national debt crossed $33,000,000,000,000 (that’s $33 trillion, if you get confused by so many zeros), and the nation’s debt increased to a $250,000 per taxpayer, five hard-line deficit hawks in the House Freedom Caucus drew a bold line in the sand on Sept. 19 and again on Sept. 21 against fellow Republican House Speaker Kevin McCarthy’s leadership. The five sided with Democrats to oppose a vote to proceed with a vote to fund the Pentagon, which they largely support. But before supporting that vote, the hard-liners demand that Mr. McCarthy commit to bringing discretionary spending down to pre-pandemic levels of $1.47 trillion without “gimmicks.”

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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