When Congress returns in November, Congressman Josh Brecheen and U.S. Senator Rick Scott will introduce the “Debt-Per-Citizen Transparency Act” to bring more clarity to the national debt. The measure requires all Congressional Budget Office (CBO) cost estimates to include how much a bill will affect the total debt-to-citizen ratio.
“With our national debt at more than $35 trillion, it is essential that lawmakers are made aware of how much legislation will affect the total debt-per-citizen ratio before voting on it. Every child born today owes more than $104,000 as their share of our national debt. It is long past time we reverse this curse and stop stealing prosperity from our children and our grandchildren,” said Brecheen.
