National debt is now over $21.1 trillion ($21,110,000,000,000) and rapidly growing
On May 17 the U.S. Senate rejected a resolution by Sen. Rand Paul of Kentucky. The vote was 21-76, with three senators not voting, against Paul’s Concurrent Resolution 76 to provide spending cuts to the Fiscal Year 2019 budget and future budget levels for fiscal years 2000 to 2028. The vote has been call symbolic, meaningless, political and nothing less than a show vote. Sen. Cindy Hyde-Smith of Mississippi called Paul’s measure a “theatric ” vote. Paul’s resolution was dubbed the “Penny Plan” because it called for a reduction of all federal spending by one percent over five years. Pro Hyde-Smith writers or anti-Chris McDaniel writers, one of Hyde Smith’s November opponents, quickly defended her vote. Actually, being pro-Hyde-Smith or anti-McDaniel are probably one in the same. Alan Lange’s Y’all Politics questioned whether the “Penny Plan” was the “real thing” or a “show vote.” Y’all Politics printed Hyde-Smith’s statement defending her vote. Respected columnist Sid Salter wrote an even stronger response. Salter said Resolution 76 was more “political theatrics” than an “honest fiscal policy proposal.” I’ll agree the “Penny Plan” was a political vote under any circumstances. But since Sen. Hyde-Smith was appointed to replace Sen. Thad Cochran who retired for health reasons, she must now win a special election this November for the remainder of Cochran’s term. Apart from being a political vote, the bottom line is the “Penny Plan” was a vote to CUT federal spending.
Reducing federal spending is very important to Americans and future generations of Americans. The federal debt is now over $21.1 trillion dollars. That’s $21,110, 000,000,000 and climbing. For the current fiscal year, you and other American taxpayers, are estimated to pay total interest payments of $310 billion. These annual