At least one Republican governor of is calling out President Donald Trump’s administration and his own party for ignoring the deficit in an op-ed for the Washington Post.
Gov. John R. Kasich, the Republican governor of Ohio called out President Donald Trump’s administration for ignoring the deficit.
Kasich claims that the White House cares little about the 21 trillion dollars of debt that the country currently owes.
“Do deficits matter? Clearly, the White House and a substantial number of congressional Republicans can’t decide. On one hand, they sound like cost-cutting deficit hawks when out on the stump or issuing tweets. But once the TV lights go off, they turn tables to support record spending and deficit-driven borrowing that have left us with an unprecedented burden of national debt — more than $21 trillion today and counting,” he wrote.
Kasich called the deficit a “21 trillion-pound gorilla” that was ignored in the midterm election by both parties and the media.
“An even bigger mystery is why deficits and debt were not hotly debated in the recent midterm elections. Every other issue, ridiculous or sublime, got a full airing, but the 21 trillion-pound gorilla sitting there in plain sight was ignored by both parties and the media as well,” he wrote.
According to The Balance the “out of control” deficit can be blamed on roughly three factors. These include military spending, tax cuts, and unfunded elements of mandatory spending. Kasich warned that in the long run, the deficit will have a huge impact on our country.
“These issues deserve full discussion. Deficits, debt and their root cause — spending — truly matter. Over the long term, deficit spending is detrimental to economic growth and national prosperity. And as deficit spending continues, its adverse effects add up over time,” he wrote.
He then suggested that both parties work together to help create a solution.
“The only way to solve our present dilemma and return some fiscal sanity to Washington is for leaders on both sides of the congressional aisle and both ends of Pennsylvania Avenue to rediscover a way to work together on the problems they were sent to Washington to solve,” he said.
Read the full article here.