Sen. David Perdue says the national debt is the biggest crisis of our generation

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WASHINGTON (GrayDC) Thousands of conservatives gather right outside of Washington, D.C. for the annual Conservative Political Action Conference. Heavy hitters in the conservative arena are in attendance, including Georgia's Senate David Perdue.

"I believe it's the quintessential crisis of our generation. It's the greatest threat to our national security. And President Trump is moving to deal with that. We're growing the economy right now. We're believe we've lowered the debt curve by about $3 trillion over the next decade. But it's continuing to grow," said the Senator.

Perdue said the largest contributor of that debt is Social Security, Medicare and Medicaid, which is a mandated part of the Congressional budget. He said lawmakers need to start working on fixing that.

Perdue also took a step back to talk about the messages coming out of the conservative conference.

"I never thought in my lifetime we'd be talking about the benefits of capitalism versus socialism. I mean this is nuts. Over the last hundred years, socialism has failed every single time it's been tried," he said.

He said he is seeing the damage of socialism in Europe.

"So we just don't want to go down that road," he said.

CPAC continues through Saturday, with anticipated appearances from President Donald Trump and Vice President Mike Pence later in the week.

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