Lummis, Colleagues Reintroduce Solution to Address America’s Budget Crisis

News – Sheridan Media

U.S. Senators Cynthia Lummis (R-WY), Mike Braun (R-IN), Kevin Cramer (R-ND) and Mike Rounds (R-SD) reintroduced the Sustainable Budget Act, tasking a bipartisan commission to create a plan to address our unsustainable national debt and present ways to balance our budget. Senator Lummis said we are on an unsustainable path, plain and simple, as Congress has spent trillions of dollars in the last two years with no plan to pay it back, and in the wake of the President’s latest budget request, fiscal responsibility seems low on his list of priorities. The Senator added that people in Wyoming live within their means, and it is time Congress followed suit. Our debt-to-GDP ratio is 97 percent and it is inexcusable and it needs to be fixed.

The Sustainable Budget Act creates an 18-member commission chosen by the President and House and Senate leadership tasked with creating a bipartisan plan to reduce the deficit and balance the budget within 10 years.

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Last modified: March 13, 2023