Slick (4:46)
Most of you are out there every day holding down your own forts. Washington fiddles away our future continuously. The United States federal budget. Today we learned the deficit has slammed into a whopping $1 trillion in just the first five months of fiscal year 2026, according to the Congressional Budget Office. That's right, 1 trillion bucks in the hole before we even hit barbecue season. But hold the phone. It's actually, believe it or not, 142 billion less than the same stretch last year. Why? Well, because those tariffs are hauling in the cash, boosting custom duties by a massive 109 billion over last year. Revenues up 206 billion to 2.1 trillion. In those months, spending shot up 64 billion to $3.1 trillion trillion dollars. And where is the money vanishing to, you ask? Well, the entitlement black hole. Social Security up 48 billion thanks in part to that so called fairness act. Juicing payments since March 2025. Medicare up 34 billion, including a $16 billion sweetheart settlement for those Part D drug plans back in November. Medicaid up 22 billion as enrollment explodes. Interest on our debt, well, you can imagine that's always ticking higher. Defense up 6 billion in February alone. That month's deficit hit 308 billion, basically even with last year. But the CBO says it would be worse without some calendar tricks and shifting of payments. The full year projection from the CBO, a gut punch. $1.9 trillion deficit for 2026. With the national debt set to shatter every record by 2030, the Committee for a Responsible Federal Budget is ringing the bell loud and clear. They say, quote, another month of this fiscal year means another month of borrowing. This cannot be sustainable. They're pushing Congress for a 3% deficit to GDP target to get this mess under control. Good luck. They say, quote, our fiscal problems will not solve themselves. We need policymakers to come together, agree to reduce deficits and put our national debt on a downward sustainable path as a share of the economy. And I was thinking today, what would the founding fathers of this country think of this spending circus? These were men who fought a revolution against a bloated, overreaching government that taxed them without mercy. George Washington himself warned against ungenerously throwing upon posterity the burdens which we ourselves ought to bear. Quote, unquote. He urged paying off debts pronto, not kicking the can down the road. Thomas Jefferson, he feared, quote, perpetual debt, end quote. And said we must prevent the government from wasting the labors of the people under the pretense of caring for them. James Madison insisted that ways and means ought to always to face the public engagements, meaning no spending without the money in hand. Even Alexander Hamilton, who, the guy who basically set up our financial system and saw a managed national debt as a, quote, unquote blessing if not excessive, would be horrified at this runaway train. The Constitution that those men crafted, it was all about limited government, enumerated powers, no blank check for endless borrowing and spending. They knew that debt could enslave a nation faster than any tyrant could. If those powder wigged patriots walked into Congress today and saw trillions piled on trillions on for entitlements and bailouts and green boondoggles. They'd grab their muskets and probably start another revolution. This isn't the republic we built. They would thunder. You've turned limited government into a bottomless pit. And it's not just the founders railing from the grave from the last 50 years. Think of the brilliant minds that have sounded the alarm against the government spending spree. How about Milton Friedman, the Nobel winning economist who saw right through the fog. He laid it out plain, there are four ways to spend money. The worst, when government spends other people's money on other people. Zero care for value or efficiency. Just wasted. Pile on waste. Nothing is so permanent as a temporary government program, he quipped. And his golden rule? Keep your eye on one thing and one thing only, how much government is spending. Because that's the the true tax. Freeman knew big government doesn't solve problems. It is the problem. Then there was Walter E. Williams, the no nonsense economist and libertarian firebrand, who called it like it is. He said, quote, government spending is no less than the confiscation of one's person property to give to another. He said 3/5 to 2/3 of the federal budget just legalized theft. Taking from earners to hand out to others. Quote, acts such as theft that are immoral when done privately do not become moral when done collectively. Williams hammered home. He saw the moral rot in letting government play Robin Hood with your wallets. No constitutional basis for it at all. Just power grabs that erode freedom. Don't forget Reagan who fought this beast in the 80s. Quote, we don't have a trillion dollar debt because we haven't taxed enough. We have a trillion dollar debt because we spend too much. He declared government is not the solution to our problems. Government is the problem. And his timeless truth, every dollar the government spends comes out of your pockets. Reagan slashed taxes, but he knew the real fight was reigning in spending before it bankrupts us all. Corporate taxes were down 33 billion this year. That's good. Businesses breathing a little easier. But individual and Payroll taxes up 77 billion. Withholdings up 52 billion. Tariffs are trying to patch holes, but the entitlement monster devours more every day and Washington lacks the spine to tame it. This is the legacy of decades of liberal pipe dreams. Promise the moon, spend like drunken sailors and let the future generations foot the bill. Freeman, Williams, Reagan. They've been warning us. The founders would be appalled. We need real guts in DC Slash the waste reform Entitlements keep those tariffs strong so foreigners chip in because if we don't, that debt will crush us. It's time for the American people to take a firm stand. This insanity ends only when we demand it. And that's tonight's first word.
