1. United States
  2. Tenn.
  3. Letter

Cut Defense Spending and Tax the Wealthy to Address National Debt

To: Sen. Blackburn, Rep. Kustoff, Sen. Hagerty

From: A constituent in Brownsville, TN

May 8

I'm asking you to prioritize defense cuts and higher taxes on billionaires to address our national debt crisis. US debt just exceeded 100 percent of GDP for the first time since 1946, and we're now spending more on interest payments than on defense itself. The Congressional Budget Office projects that by 2036, interest payments will reach 4.6 percent of GDP while defense spending sits at just 2.4 percent. We're paying more to service past debt than to fund current security. This is backwards. We can reduce Pentagon spending without compromising actual security while generating revenue from those who've benefited most from our economy. Every trillion dollars we add narrows our room to respond to the next crisis. High debt crowds out private investment and drives up interest rates on mortgages and business loans for working families. We reduced debt after World War II through smart investments and growth, not by protecting bloated military budgets and billionaire wealth. Make the same choice now: cut defense waste and tax extreme wealth to restore our fiscal position before our margin for error disappears completely.

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