Tuesday, August 28, 2012

First Person: Reduce National Debt, Cut Spending

Yahoo! News asked voters to pinpoint one single issue they'd like to see addressed at the Republican National Convention. Here are one voter's thoughts.

I believe debt reduction should be discussed at the GOP convention. With my background in accounting and finance, U.S. national debt and lack of a balanced budget concerns me most. We must elect a president and Congress that understand they cannot continue to borrow money from internal or foreign lenders in order to pay for recurring expenses. Keeping some debt is good to secure a good credit rating, but a national debt of $15 trillion and counting is alarming! I, as an individual, live within a budget during the year; why can't government? Stop borrowing (incurring debt), and don't incur expenses greater than revenue in a year. Is this possible now?

-- Freida C. Thomas, Inman, S.C.

Source: http://news.yahoo.com/first-person-reduce-national-debt-cut-spending-160200386.html

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