National Debt

Every dollar the United States government spends in debt is a dollar stolen from the next generation. Our current national debt stands at nearly $20 trillion. That’s over $60,000 per citizen and over $165,000 per taxpayer. 

While liberals in Washington only want to raise taxes, the fact is we have a spending problem, not a revenue problem. The United States Government took in a record $3.2 trillion in FY 2015. That is more than enough money to accomplish everything the government is charged with under the Constitution. Unfortunately, spending continues to grow and grow, blowing away historical norms and only accelerating faster in the years to come.

This is simple math, and it is unsustainable. Unfortunately, there are too many “math deniers” in Washington. This has to change.​

More on National Debt

July 17, 2018 Press Release

WASHINGTON, DC – Today, Congressman Warren Davidson (OH-08), member of the House Financial Services Committee, released the following statement praising the JOBS and Investor Confidence Act of 2018 which passed 406-4. 

 

“For the American spirit of enterprise to continue to be the envy of the world, our entrepreneurs and job creators need the resources and tools to compete in a challenging and expanding global economy.

 

June 22, 2018 Press Release

WASHINGTON, DC - Congressman Warren Davidson (OH-08), House Financial Services member, reacted to the nearly fifty bills combating the opioid crisis that recently passed the House; including the Support for Patients and Communities Act, a bill that serves as the vehicle these bills to move to the Senate, which passed the House today.
 
“While the savageness of this drug epidemic rages across the country there are rays of hope in Ohio.
 

June 7, 2018 Press Release

WASHINGTON, DC - Today, Congressman Warren Davidson released the following statement after voting to support the rescission's package which recently passed the House. The Spending Cuts to Expired and Unnecessary Programs Act, H.R. 3, is the largest rescission ever passed totaling nearly $15 billion.

May 18, 2018 Press Release

WASHINGTON, DC - Congressman Warren Davidson released the following statement concerning the House Farm Bill.
 

October 26, 2017 Press Release
Washington, D.C. – Today, U.S. Representative Warren Davidson, a member of the House Financial Services Committee, released the following statement on the budget vote. 

“In order to not bankrupt America, we need fast economic growth that counters big Washington spending. The reality is that we can’t navigate the debt crisis without tax reform and we can’t grow our economy without tax reform. Today's vote on the budget is an opportunity for Congress to complete tax reform, then move swiftly to spending reform."
 
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May 23, 2017 Press Release
President Donald Trump, today, released the 2018 Budget, The New Foundation for American Greatness. Rep. Warren Davidson (R-OH) released the following statement after receiving the budget on the House Floor as Speaker Pro Tempore: “We cannot bankrupt America. Finally, it appears we have a president who takes this problem seriously. President Trump’s budget bends the out of control spending curve in the right direction by making good on his promises to reform mandatory spending, cut wasteful programs, and balance the budget. This is a serious proposal to begin addressing our nation’s fiscal crisis. Congress must now do our part and muster the political will to balance the budget, address our debt crisis, and get our economy growing again. It is not compassionate to bankrupt America.”
May 3, 2017 Press Release
Today, Rep. Warren Davidson (R-Troy) released the following statement after voting against H.R. 244, the Consolidated Appropriations Act for Fiscal Year 2017. The bill passed the House by a vote of 309-118. "This omnibus bill protects the status quo. The status quo has created a $20 trillion debt crisis. This bill is a product of that same process: manage by crisis, jam in a last-minute package that overspends to 'buy' support, then celebrate small wins - all while ignoring the debt...
March 9, 2017 Press Release
Rep. Warren Davidson (R-OH) introduced the Welfare Benefit Reform and Alignment Commission (BRAC) Act which will create a bipartisan, eight-member commission tasked with formulating concrete solutions to reform more than 90 federal welfare programs which cost taxpayers almost $1 trillion dollars a year.
March 7, 2017 In The News

A congressman from Ohio is set to introduce legislation that would consolidate 92 federal welfare programs into roughly a dozen, affecting about $1 trillion in government payouts and related administrative costs.

Rep. Warren Davidson (R-Ohio), the Republican who replaced former House Speaker John Boehner in Ohio’s 8th District, said there is no need for so many welfare programs and so much duplication in welfare administration.

February 28, 2017 Press Release
On overall speech: “I agree with the president’s primary message that America’s best days are ahead of us. The first thing lawmakers must accomplish is to follow through on our promise to repeal and replace Obamacare. Congress passed a repeal in the past, and we should do so again. We must be bold, and not succumb to half measures that keep key pillars of Obamacare or create new programs in their wake.