Sen. Gardner Says He Opposes Gas Tax Increase to Fund Infrastructure

The transcript discusses the rising federal deficit and its economic implications, advocating for a balanced budget amendment and economic growth policies. It highlights the potential consequences of inaction, such as bond vigilantes, and the need for leadership in fiscal policy. The debate on infrastructure spending and funding methods, including user fees and the gas tax, is also covered. Finally, the political implications of tax cuts on the Republican majority and voter decisions are explored.

What are the potential consequences of not addressing the federal deficit as mentioned in the text?

How does the speaker view the relationship between economic growth and the federal deficit?

What are the challenges mentioned regarding funding infrastructure projects?