Congress, not the coronavirus, is the biggest threat to the future and well-being of the United States of America.
Republicans and Democrats don’t have many bipartisan achievements, but we can confidently take credit for our nation being $26.7 trillion in debt, adding up to roughly $81,223 per every American alive today. That figure becomes all the more troubling once one realizes that is around $20,000 more than the average American has saved for retirement.
Last week, the Congressional Budget Office (CBO) released a report that should be causing alarm on Capitol Hill. It says the federal debt held by the public is projected to reach or exceed the entirety of the United States’ gross domestic product (GDP). The last time our national debt exceeded GDP was in 1946, shortly after the nation was fighting and financing the Second World War
You wouldn’t know our nation is facing a fiscal crisis if you were to stroll about the halls of Capitol Hill,