Iowa Politics

Feenstra Calls for Balanced Budget as National Debt Eclipses $36 Trillion

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WASHINGTON, D.C. — Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after the national debt officially surpassed $36 trillion:

“Roughly 4 months after our national debt topped $35 trillion, we just surpassed another record — $36 trillion in debt. Our rapid accumulation of debt threatens our economic security, emboldens our adversaries like China, and jeopardizes our status as the world’s reserve currency,” said Rep. Feenstra. “We need to end reckless government spending and balance our federal budget to reduce our debt and get our fiscal house in order. Our children and grandchildren are counting on us to deliver solutions to our dire financial position.”