Utahns value fiscal responsibility.

When I ran for Senate, I talked with folks across our state to learn about their concerns and priorities. I repeatedly heard concerns about out of control federal spending, our skyrocketing national debt, and the risks they pose to future generations. We Utahns place a high priority on fiscal responsibility and living with our means, and I pledged to bring those values to Washington. Two-thirds of our federal spending is automatic, associated with our entitlement programs. And our entitlement programs and trust funds - Social Security, Medicare, our Highway Trust Fund - will go broke within 13 years unless Congress acts. If these trust funds go broke, middle-class Americans will face steep benefit cuts or massive tax hikes - both of which are unacceptable. I've teamed up with colleagues on both sides of the aisle, in both chambers, on the TRUST Act. We introduced this legislation to help rescue our federal trust funds because it's irresponsible for Congress to keep ignoring a preventable crisis. I hope you will scroll down to learn more about the TRUST Act and what Utahns are saying about it.

Last week, Senator Romney introduced the Time to Rescue United States Trusts (TRUST) Act, which would create congressional committees specifically tasked to develop legislation to restore and strengthen these endangered federal trusts funds. The TRUST Act would create a process for legislation by instituting "Rescue Committees" - one per trust fund - that are appointed by Congressional leadership. These Rescue Committees would ensure bipartisan consensus by requiring at least two members of each party to report legislation. If a Rescue Committee reports a qualifying bill for its trust fund program, the bill has an expedited path for consideration in both the House and Senate. Click below to watch Senator Romney's floor speech.

The TRUST Act is also sponsored by Senators Joe Manchin (D-WV), Todd Young (R-IN), Doug Jones (D-AL), and Kyrsten Sinema (D-AZ).

“The Utah Taxpayers Association wholeheartedly supports the TRUST Act and salutes the efforts of Senator Romney to actually do what voters send elected officials to Washington to do - solve problems and make America stronger. The TRUST Act would take critically needed action on our country’s dire trust fund situation. Without action, taxpayers will face massive tax hikes or dramatic cuts to these programs if nothing is done.”

“For too long, Congress has neglected its responsibility as a steward of public funds. Increasing budget debt and deficits, if not addressed, threaten to weaken the strength of the U.S. economy and erode public confidence. The TRUST Act will help reverse this troubling trend. It will strategically address the most precarious, yet essential programs to Americans. It will restore solvency in these programs and ensure their long term viability. It will also better manage federal spending and restore more prudent budgeting of federal dollars.”

Economist, State Representative (District 49)

"Too many in Congress have kicked the proverbial can down the road for far too long, burdening our children and grandchildren with the costs of their cowardice. I applaud Senator Romney’s courageous leadership in addressing a potentially devastating crisis before it’s too late. He is delivering on his promise to take fiscally conservative Utah approaches to Washington, at a time when it is needed more than ever.”

Utah State Treasurer

"In business, your word is your bond. The bipartisan TRUST Act will help the federal government keep its word to Americans young and old."

President and CEO, Utah Valley Chamber of Commerce

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