GOP Rep Introduces Bill To Use Excess Congressional Staff Funds To Reduce Nat'l Debt

Freshman Republican Rep. Debbie Lesko of Arizona introduced legislation last week that directs unused congressional staff funds be used to reduce the deficit or pay down the national debt.

The Give it Back to the Taxpayers Act (2019) requires “all unused funds from the Members’ Representation Allowances be returned to the U.S. Treasury to be used for the purposes of deficit reduction or to reduce the federal debt,” according to a news release from the congresswoman.

“Members of Congress must lead by example and be good stewards of taxpayer dollars,” Lesko tweeted. “My bill will return millions of dollars back to the treasury to help reduce our crippling national debt and deficit.”

Trending:
Reporter Who Uncovered Secret Clinton-Lynch Tarmac Meeting Found Dead

In a statement to The Western Journal, the legislator added, “The federal government must live within its means. Our future generations are going to be crippled with debt if the federal government cannot get its fiscal house in order.

“With our debt at over $22 trillion, we must act to preserve our national security and give our economy the stability it needs.”

According to the Congressional Research Service, members of the House of Representatives have one consolidated allowance to operate their offices.

The amount allocated for Fiscal Year 2019 is $574 million, which works out to about $1.3 million per member of Congress. Members receive more or less depending on the expenses involved in the districts they represent.

The funds are used for congressional staff pay, official travel, rent and utilities for district offices, communications and franked mail, as well as supplies and office equipment.

The national debt crossed $22 trillion for the first time on Tuesday, USA Today reported.

Are you concerned about the national debt?

CNBC’s finance editor Jeff Cox noted that the total stood at $10.6 trillion when former President Barack Obama took office in 2009.

His administration then proceeded to rack up nearly as much debt in eight years as all the previous administrations combined over the course of more than two centuries.

When Obama left office in Jan. 2017, the total was $19.9 trillion or an average deficit of $1.16 trillion per year.

Related:
Biden to Unveil Plan to Buy 500 Million Vaccine Doses for Foreign Countries as US Deficit Soars

President Donald Trump’s tally has come in at a slightly lower $991 billion per year.

Cox pointed out, due to the strong economic growth under Trump, the total debt-to-Gross Domestic Product ratio has gone up less than one percent on his watch to its current 104.1 percent.

By comparison, the debt-to-GDP ratio under Obama rose from 77.3 percent to 103.6 percent when he left office.

At the current pace, the debt held by the public (which excludes the money the government owes to itself through the Federal Reserve) in relation to GDP will hit levels not seen since the end of World War II in the next 10 years. Further, it will reach 150 percent of GDP by 2049, which Cox relates is well above what economists believe is sustainable.

James Capretta — a federal budget expert with the American Enterprise Institute, who served in White House’s Office of Management and Budget in the early 2000s — told The Western Journal last summer, “There is a major disconnect between the level of revenue we’re willing to collect at the federal level and how much spending commitments we’ve made.”

“You’re not going to be able to correct that quickly,” he added, but urged decision makers to start looking at adopting policies now that bend the debt curve down in the years to come.

Truth and Accuracy

Submit a Correction →



We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
, , , , , , , , , , ,
Randy DeSoto has written more than 1,000 articles for The Western Journal since he joined the company in 2015. He is a graduate of West Point and Regent University School of Law. He is the author of the book "We Hold These Truths" and screenwriter of the political documentary "I Want Your Money."
Randy DeSoto is the senior staff writer for The Western Journal. He wrote and was the assistant producer of the documentary film "I Want Your Money" about the perils of Big Government, comparing the presidencies of Ronald Reagan and Barack Obama. Randy is the author of the book "We Hold These Truths," which addresses how leaders have appealed to beliefs found in the Declaration of Independence at defining moments in our nation's history. He has been published in several political sites and newspapers.

Randy graduated from the United States Military Academy at West Point with a BS in political science and Regent University School of Law with a juris doctorate.
Birthplace
Harrisburg, Pennsylvania
Nationality
American
Honors/Awards
Graduated dean's list from West Point
Education
United States Military Academy at West Point, Regent University School of Law
Books Written
We Hold These Truths
Professional Memberships
Virginia and Pennsylvania state bars
Location
Phoenix, Arizona
Languages Spoken
English
Topics of Expertise
Politics, Entertainment, Faith




Conversation