Letter to my Republican Senators on Debt Ceiling

I posted the following letter on my two Republican Senators’ websites. If you agree with its theme, please feel free to modify and use.

Dear Senator, as a retired business consultant and manager, I am disappointed in the Republican Party stance on the debt ceiling. I am glad eleven Republicans did the right thing and passed a measure to allow it to be raised for several months, yet I was disappointed you were not one of the eleven.

I have long been concerned with our building debt and annual deficit that has gotten worse. We need to address this issue when we discuss spending and revenue, not with the debt ceiling. Our reputation to our creditors is essential. To be frank, as an independent and former Republican, my former party is only concerned with debt ceiling when they are not in the White House. It did not seem to bother the party when it increased under Trump.

Yet, what also concerns me is the hypocrisy of both parties. The GOP passed a tax reduction in December 2017 that raised the debt by $2 trillion, approximately. And, we passed two pandemic aid bills that to me should have been directed at employers to keep people employed and not furlough them, as well as helping folks not working. We missed opportunity and spent poorly.

We need the infrastructure improvements which are ten years overdue. Yet, we must figure out ways to start bringing the debt down before the interest cost approaches the military spend in our budget.

Solving this problem requires data and effort, not sound bites. I have seen the Committee for a Responsible Federal Budget do an exercise in Rotary or college groups that ask tables of people to solve the Social Security deficit. Armed with about two dozen ideas and price tags, these tables can solve the Social Security deficit in 90 minutes.

Solving the bigger problem can be done and will take time, but not if we never start to do so.