We must address America's looming debt crisis. This is step one
Fox News
If we fail to address our national debt, future generations will face the crushing prospect of a combined marginal top tax rate of 100% just for existing services.
Rep. David Schweikert, a Republican, represents Arizona's 1st Congressional District.
As vice chairman of the Joint Economic Committee, I feel compelled to address the alarming growth of our national debt. If we fail to confront this issue head-on, future generations will face the crushing prospect of a combined top marginal tax rate of 100% just to pay for existing government services.
We have an opportunity to come together to save our Republic by forming a bipartisan debt commission focused on finding innovative solutions to address this perilous threat and ensure our children and grandchildren have the same opportunities that we had. I commend Speaker Mike Johnson, R-La., for pledging to establish a debt commission in one of his first acts since his election.
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