Sen. Toomey: Congress cannot ignore debt crisis

From a recent op-ed by Pennsylvania Sen. Pat Toomey:

In only the last decade — since 2000 — total federal spending has doubled. Last year's level reached 25 percent of our nation's economy — a post-World War II record and far higher than recent years have averaged. This spending surge has resulted in massive, record-breaking deficits. As recently as 2007, our deficit was only 1.2 percent of our gross domestic product. This year it is more than 10 percent, or $1.6 trillion. Our government is borrowing about 40 cents of every dollar it spends.

Read the full column at the link below:

Congress cannot ignore debt crisis - pottsmerc.com