WASHINGTON – U.S. Senator Bob Corker (R-Tenn.), chairman of the Senate Foreign Relations Committee and a member of the Senate Budget Committee, today released the following statement after the national debt reached $20 trillion.

“The greatest threat to our nation is not North Korea, or Russia, or even ISIS,” said Corker. “The greatest threat to our nation is our inability to get our fiscal house in order, and it is absurd that Washington continues to turn a blind eye to the dangerous crisis staring us in the face.”

“We are now $20 trillion in debt and that number will double in the next ten years unless we have the courage to put a fiscal straitjacket on Congress,” added Corker. “I have offered several proposals to do just that, and I will continue fighting for much needed spending reforms in Washington.”