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Congressman Randy Neugebauer

Representing the 19th District of Texas

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U.S. Debt and Spending

Getting our spending under control to grow our economy.

The federal government is now over $18 trillion in debt.  It’s an ongoing spending-driven problem – we keep spending money we just don’t have.

To better understand the scope of this problem, let’s suppose the U.S. is a family.  Right now the family income is $28,000, but they spend $35,000 a year -- $7,000 more than they can afford, and no savings.  What’s worse?  After all this spending, the family gets another credit card bill – and they owe $176,000.  What kind of future does this family have? 

I'm trying to turn that future around so we can increase opportunity for current and future generations.

It is time to make difficult decisions to cut government spending and put an end to budget tricks, accounting gimmicks, and empty promises.  So every vote I make will be governed by two principals.  First, does it reduce spending?  Second, does it improve our economy?

I’ve worked with my colleagues to introduce a Balanced Budget Amendment to the Constitution, and a bill to require a two-thirds majority vote in Congress before we can raise our debt limit. We will not get our country back on track until we address the drivers of our debt.   

Learning Center

House Republican's Path to Prosperity: A Responsible, Balanced Budget

Translating Washington-Speak: Budget, Appropriations, Sequester, and Debt Limit

The difference between the debt and the deficit

What's your share of our national debt?

More on U.S. Debt and Spending

October 4, 2016 Randy's Roundup
Last week, the House and Senate passed identical pieces of legislation to extend government funding at current levels through December 9.
September 27, 2016 Randy's Roundup
Today, I had the distinction of hosting the South Plains Honor Flight in our nation’s capital.
August 30, 2016 Randy's Roundup
I was asked recently to name one thing I wish I could have changed during my time representing you in Congress.
September 17, 2015 Press Release
WASHINGTON – Rep. Randy Neugebauer (TX-19) released the following statement today after the House unanimously passed H.R. 23, the National Windstorm Impact Reduction Act Reauthorization of 2015 (NWIRP) —a bill Neugebauer sponsored—to promote research and minimize the devastating effects caused by windstorms:
May 19, 2015 Randy's Roundup

The Fight Against ISIS

April 21, 2015 Randy's Roundup

House Passes Bill to Repeal Death Tax

February 3, 2015 Randy's Roundup

President Obama’s Big Government Budget

February 2, 2015 Press Release

WASHINGTON – Rep. Randy Neugebauer (TX-19) released the following statement after President Obama delivered his Fiscal Year 2016 Budget to Congress:

January 27, 2015 Press Release

WASHINGTON – Rep. Randy Neugebauer (R-TX), Chairman of the Financial Services Subcommittee on Financial Institutions and Consumer Credit, today questioned FHFA Director Watt at a hearing on sustainable housing finance. Neugebauer’s questioning focused on Director Watt’s decision to maintain artificially low guarantee fees, cross subsidization of risk and risk transfer transactions, and the FHFA’s decision to allow the GSEs to guarantee loans with 3% down payments.