Goldwein and Moller: How Congress Cheats with Our Money — and How We Can Stop It

Marc Goldwein is senior vice president and senior policy director and Zach Moller is a senior policy analyst at the Committee for a Responsible Federal Budget. They recently wrote a piece for the Fiscal Times, an excerpt of which is below. 

The U.S. is on course to top its record debt levels set after World War II, and permanent trillion-dollar deficits — meaning, forever — are likely to return within two years. And unlike after World War II, our debt is projected to keep rising after it hits a new record; meanwhile, we may see deficits in excess of $2 trillion in just 10 years.

How did we get here? Decades of gimmicks and tricks used by budget-writing wizards have allowed politicians to disguise unrestrained deficit spending. They have duped the American public and disadvantaged American children, who will pick up the tab.

Click here to read the entire article.

"My Views" are works published by members of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members of the Committee.