Victoria Spartz giving speech
Photo: Madyson McGill

Spartz on Spending: We’re Already Overspending, How Can We Promise More?

WASHINGTON–The infrastructure bill that was passed last week by the U.S. Senate, and its companion budget resolution that was also passed, have Republican Congresswoman Victoria Spartz concerned that America’s spending is out of control and that Congress is promising more than it can deliver.

“The problem is we’re spending so much money right now that we need to have a serious conversation,” she told IndyPolitics. “What we’re spending right now, it’s already above what we’re collecting.”

LINK: IndyPolitics interview with Rep. Spartz

It’s about $1 trillion over what was collected last year, she said. Spartz represents Indiana’s 5th District, which includes northern parts of Indianapolis, its northern suburbs and several counties to the north.

The U.S. House will consider the bill that is designated for hard infrastructure, like roads, bridges and broadband, and also a companion piece that will cost about $3.5 trillion (more with some added costs), which is for government programs like climate change mitigation, and providing for support for jobs in the electric auto manufacturing industry.

Spartz said offering additional programs now goes way beyond what we can afford as a country.

“Instead of talking about how we can save all these problems that we’ve promised to seniors like Social Security and Medicare, we’re now talking about spending more and bringing new programs.”

She said national security, border security, defense and programs for seniors are important, and we should spend on those existing programs, but adding, to her, doesn’t make sense.

“All of this unlimited spending creates inflation, and we have energy inflation and spending inflation,” she said. “It hurts low wage workers. Their share of income they spend on energy and food, it’s much higher than fluent earners.”

Spartz and all of the House, will be considering how to vote on the two bills. With some exceptions, Democrats say the time is now to spend on the new programs. Republicans have been resistant, saying they do not believe many of the programs in the second infrastructure deal represent real investments in America’s future.

Share

Related Articles

Loading...