Recently, Congress passed a continuing resolution to keep the government running for three more weeks, and it contained a total of $6 billion in spending cuts. On the same day that Congress "slashed spending" by $6 billion, our national debt increased by $76 billion. That's right, spending $76 billion in borrowed money is just fine, but trying to reduce spending by $6 billion will be catastrophic.
http://cnsnews.com/news/article/debt-jumped-72-billion-same-day-house-vo
The national debt jumped by $72 billion on Tuesday even as the Republican-led U.S. House of Representatives passed a continuing resolution to fund the government for just three weeks that will cut $6 billion from government spending.
If Congress were to cut $6 billion every three weeks for the next 36 weeks, it would manage to save between now and late November as much money as the Treasury added to the nation’s net debt during just the business hours of Tuesday, March 15.
If things are bad with our national finances, and they are, then the fault can be laid squarely at the feet of Congress. Thanks, children.

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