by WorldTribune Staff, May 5, 2025 Real World News

Lawmakers must have the “political courage” to reduce the ever-growing U.S. national debt and bloated federal bureaucracy, the chairman of the House Budget Committee said.

‘The wheels are coming off the wagon.’

“The question is, will we have the political courage to execute on that and right-size the bloated bureaucracy, as was reflected in the president’s budget, and deal with this wartime-level debt, $2 trillion in annual deficit spending that’s going to double, and interest payments that exceed not only national defense, but Medicare payments,” Rep. Jodey Arrington, Texas Republican, told Fox News on Sunday.

House Republicans must tackle the “unsustainable” national deficit and national debt, Arrington said.

“The wheels are coming off the wagon,” he said. “We can’t get to the president’s rocket ship economy, we cannot usher in the Golden Age. In fact, we risk a sovereign debt crisis if we don’t deal with the unsustainable deficits and national debt.”

The U.S. national debt hit $36.2 trillion as of Monday. Meanwhile, the county’s national deficit for fiscal year 2025 reached $1.31 trillion the same day.

Arrington said that he thinks the GOP’s budget reconciliation bill, alongside entitlement reform and the government reducing deficit spending, “will bend the curve on debt to GDP and deficit to GDP.”

“It won’t get us out of the debt hole overnight, but it is a good first step and a down payment for our kids to actually be on good fiscal footing, a sustainable path, and enjoy the same opportunities and freedoms that we have,” Arrington said.

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  bureaucracy, House budget chief warns: No ‘Golden Age’ without reducing debt, WorldTribune.com