Congressman Alex Mooney Fails Economics
President Trump recently cut a deal with Democrats to raise the debt ceiling and fund the government for three months. Republican leadership had wanted a deal to fund the government for eighteen months so they would not have to revisit the issue before the 2018 mid-term elections. When the components of this deal reached the House for a vote, 90 Republicans voted against raising the debt ceiling, including Rep. Alex Mooney (WV 2d). Mooney issued a statement, saying “I voted against raising the debt limit because our national debt is already too high. West Virginian families have to balance their budgets each month and the federal government should do the same.” Really? Balance the federal budget each month? This statement shows that Mooney misunderstands the issues of public debt and deficit spending, or assumes that his constituents do. It is probably both.