Is America On the Verge of Another Debt Ceiling Crisis?

A stack of money. Pixabay

Donald Trump will need to tackle this head-on.

President Trump and Congress must work together this summer to develop an expenditure limit that controls spending growth.

The only way to effectively drain the swamp is to tighten the federal spending faucet. Doing so would grow the economy and bring about renewed prosperity, all while reducing waste, abuse and unfairness in federal activities. That’s a prospect the president and Congress should get behind.

Romina Boccia is The Heritage Foundation’s Grover M. Hermann research fellow in federal budgetary affairs and deputy director of the think tank’s Roe Institute for Economic Policy Studies.

Image: A stack of money. Pixabay