Founding fathers warned us of accumulated debt and of consequences which follow when undisciplined debt restricts sound policy decisions.
Currently, our federal government owes $16 trillion with no plan of debt reduction. In fact, plans are underway to borrow and spend more of your tax dollars.
Oklahoma has a balanced budget amendment, but is $19 billion in debt using smoke and mirror appropriations and bond indebtedness. There are no plans to reduce the magnitude of government and pay down the debt. Continue reading
