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Elizabeth Warren has proposed or backed plans totaling estimated $129 trillion in government spending

Published in Blog on May 09, 2019 by Convention Of States

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Government spending is out of control.

Every reasonable, fiscally responsible American recognizes this. Our national debt is $22 trillion, and it's more than doubled in the past ten years.

But that's not the worst part.

Despite the fact that the national debt threatens both the economy and our national security, our federal officials seem totally unconcerned about the financial well-being of future generations.

Case in point: U.S. Senator Elizabeth Warren. According to a new report from the Washington Free Beacon, Warren has proposed or backed plans totaling estimated $129 trillion in government spending. 

Along with backing the Green New Deal ($94 trillion) and Medicare for All ($32.6 trillion), which total an estimated $126.6 trillion in estimated government spending over the next decade according to various studies, three of Warren's major proposals alone cost $2.365 trillion: opioids ($100 billion), canceling student debt and offering free public college ($1.25 to $1.565 trillion), and universal child care ($700 billion).

Warren has won praise on the left for saying she has "got a plan" for various issues, and she has proposed an "ultra-millionaire," 2 percent tax on Americans worth $50 million or more—it rises to 3 percent on Americans worth at least $1 billion—to pay for many of her projects, claiming it will raise about $2.75 trillion over the next decade.

It's important to note that this isn't a partisan issue. The Republicans did nothing to lower the debt while they controlled Congress, and their spending habits have long contradicted their "fiscally conservative" mantra.

It's time for the people to take control of our nation's finances. An Article V Convention of States can propose constitutional amendments that force Congress to take the coming financial crisis seriously. 

These amendments can force the feds to balance the budget and, more importantly, limit spending. With such amendments in place, federal politicians won't have a choice but to give up their big-government plans and get back to real, responsible governance. 

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Almost everyone knows that our federal government is on a dangerous course. The unsustainable debt combined with crushing regulations on states and businesses is a recipe for disaster.

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