Millions of Americans will soon be receiving a $1,400 stimulus check from the latest round of “COVID” relief. While I’m sure many people are happy about seeing this extra money come in, have you thought about what that check is really costing you?
Our country has spent more than $5.7 trillion on COVID relief packages since March of last year. If you divide that by the roughly 330 million people living in our country, that will cost about $17,000 per person, or $69,000 per family of four.
All of that is on top of the massive amount of national debt our country has amassed. In October 2020, it surpassed $27 trillion, which is nearly $85,000 per citizen. This is a huge price to pay for a one-time check.
President Biden, Speaker Pelosi, and Majority Leader Schumer are showing no signs of curbing our out-of-control spending. They will spend billions of dollars to fund their Green New Deal and other big government policies that are part of their radical agenda, knowing full well their options to pay for it will be to raise taxes or add to the debt.
As Congress continues to debate these issues, I encourage you to think about the real cost of the legislation we pass. This is not Monopoly money; it’s taxpayers’ money. The people of Oklahoma expect us to be good stewards of these funds and make tough decisions on what to spend it on.
Our country cannot continue down a path of reckless spending with no plan for repayment. We are saddling our future generations with a huge price to pay because at the end of the day, someone has to pay back what we have borrowed.