Conservatives’ Struggle To Cut Spending Highlights Urgency of Taming Unsustainable National Debt

We will soon pay more toward interest on the national debt than we do for our national defense — and we have the most expensive national defense system in the world.

by Newt Gingrich

Conservatives’ painful, frustrating efforts to cut spending highlight how vital it is to return to a balanced budget. 

The American people overwhelmingly want a balanced budget. When America’s New Majority Project asked about a balanced budget amendment, it attracted a 70 percent majority. Only 13 percent of people opposed the idea. 

This …