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The Best Risk To Our Republic Will At all times Come From Inside – FREEDOMBUNKER

by Index Investing News
March 22, 2025
in Opinion
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Authored by Thomas W. Smith through RealClearPolitics,

For many of the previous six many years, america has been dealing with the specter of implosion from a rising federal finances deficit. In the present day, that menace is not lurking. It’s right here. The annual federal finances deficit has left People saddled with unimaginable debt. It has elevated greater than sixfold within the final 20 years. In the present day it’s on steroids. This yr, curiosity on the federal debt shall be roughly $1.1 trillion. By comparability, our annual protection finances is $850 billion. 

The Best Risk To Our Republic Will At all times Come From Inside – FREEDOMBUNKER

Consider the thrilling alternatives Republicans had once they narrowly captured management of the Home of Representatives in 2022. Sadly, even earlier than they had been sworn in, the Home management referred to as for a secret vote on easy methods to spend taxpayer {dollars}. By a vote of 158-2, they introduced again to life earmarks that had been put to mattress below Speaker John Boehner in 2011. Earmarks are particular appropriations tailor-made to member’s pet tasks. Traditionally, they had been often known as “pork-barrel” spending.

After a secret vote, these 158 GOP members enabled a system by which 7,500 pork-barrel tasks had been enacted at a value to the taxpayers of $16 billion. It was not solely – and even primarily – liberal “tax and spend” Democrats pigging out. Fifty of the biggest earmarkers within the Home had been Republicans. Within the Senate, eight of the 12 largest offenders had been Republicans. Nor was it solely established Republicans. Among the largest MAGA voices had been busy pushing earmarks. They embody Florida representatives Matt Gaetz (who requested over $1 billion) and Brian Mast (who obtained some $437 million).

Within the second yr, the highest seven earmarking specialists within the Senate had been Republicans, for a grand complete of $2.3 billion. Within the final two years, highlights of congressional pork included the next:

  • Sen. Susan Collins earmarked $870 million for her personal state, Maine (inhabitants 1.4 million). These tasks included “an out of doors heating facility” and “house training simulators.” 
  • Alaska Sen. Lisa Murkowski earmarked $851.1 million, together with a “whale abundance survey” and a “crab enhancement challenge.”
  • Sen. Mitch McConnell of Kentucky requested 26 earmarks totaling $640.9 million.
  • A complete of 31 members earmarked taxpayer {dollars} for universities they attended. 
  • One other 4 lawmakers put aside taxpayer {dollars} for firms the place their wives labored. 

Actions communicate louder than phrases. These GOP earmark fanatics have made a transparent assertion –they’re completely comfy with the exploding federal debt. Sure, it’s true that many Democrats pushed earmarks. However it’s also true that the Democratic Social gathering didn’t carry again earmarks once they managed the Home. These 158 GOP members did. They usually far outspent the Democrats.

What these GOP Home members and senators failed to understand is that the world has modified dramatically since Speaker Boehner left Washington. 

A decade or so in the past, The Economist identified that Large Knowledge would change social science just like the microscope modified medication. That was a prophetic remark. Authorities is a social science. The mixture of Large Knowledge and the cloud is bringing a large change to each side of our lives, together with how we govern ourselves. It’s bringing transparency. For the primary time in our nation’s historical past, non-classified cash spent by our governing class is out there for public scrutiny. In the present day, it’s tough to cover authorities duplication, fraud, and incompetence.

Transparency additionally works to alter the tradition inside our authorities. 

Transparency educates the voting public by giving them entry to federal, state, and native authorities expenditures on their cell telephones, iPads, and computer systems. Whereas the voters’ eyes glaze over budgets introduced in billions or trillions (too many zeroes), they do perceive fiscal irresponsibility when introduced with egregious examples of presidency profligacy. Transparency has the potential to alter our tradition – and political outcomes – whereas encouraging competitors in main elections, because the lack of fiscal accountability will not be hidden. 

Altering the tradition inside authorities is inspired by fixed communication with the voting public and the governing paperwork. Once more, actions communicate louder than phrases. Actions ship a transparent message to a wider constituency of voters. Listed below are 4 actions President Trump and his administration can put in place to encourage a turn-off-the-lights tradition, an it’s-taxpayer-dollars-I’m-spending tradition.

  • Name for Congress to eradicate each earmark instantly. Level out that you’ll publish each remaining earmark each month till they’re eradicated. 
  • Announce that the White Home will minimize bills by a hard and fast proportion. The president and the Division of Authorities Effectivity led by Elon Musk are already taking a broadsword to the manager department companies, however the symbolism of reducing White Home bills would set a robust instance. Efficiently attacking the colossal federal debt requires the participation of everybody in authorities.
  • Counsel that Congress be a part of the White Home and minimize their workplace and committee bills and report their progress to the general public quarterly. Once more, everybody within the authorities should take part. If the White Home can minimize bills, so can everybody else in authorities.
  • Announce that each division in your administration with a finances will deal with reducing waste, fraud, duplication, and incompetence and report back to the general public quarterly.  And that you’ll monitor progress (or lack thereof) and report back to the general public quarterly. 

The cloud, Large Knowledge, and know-how have given us instruments we by no means had earlier than to assault waste, fraud, duplication, and incompetence. Transparency! It’s nonpartisan. It’s not controllable. It’s a culture-changer. 

Mr. President, your administration is luckily positioned to be the transparency launching pad. It would carry much-needed effectivity and effectiveness to the world of presidency.

The final time the U.S. finances was not within the crimson was in the course of the Clinton administration. President Clinton identified that the federal debt may very well be eradicated in about 15 years. That didn’t happen. Our debt then was $5 trillion. In the present day it’s greater than $36 trillion. Consider the place our nice nation could be as we speak if it weren’t saddled with curiosity funds of over $1 trillion. That’s an thrilling thought.

The Trump administration has its work minimize out for it. However transparency and political resolve can meet the second.

Thomas W. Smith is the founding father of Prescott Buyers, Inc.



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