Articles written by Rep. Terry Moore-hd54 & Sen. Tom Mcgillvray-sd23

Rep. Terry Moore-HD54 and Sen. Tom McGillvray-SD23|Updated Dec 29, 2021

In August of 2020, we wrote an opinion opposing Modern Monetary Theory (or MMT, the "too good to be true" idea that the federal government can spend unlimited amounts of money, regardless of revenue, in order to benefit the country and the economy). We disagreed with MMT on the strongest terms. Since that time, the federal government has added $8.4 trillion dollars to our national debt, which now stands at $29.2 trillion. We appealed to the common sense that the government...