Political games in Washington are not fixing the national debt, but a new online tool may help.
Congress has big plans to address issues such as tax reform, health care, and infrastructure. But lawmakers also face key deadlines to address the debt limit and prevent a government shutdown.
Congress will debate and delay, and posture and pontificate over the federal budget and government spending in the coming weeks. All the while, the bluster and bloviating will be over a small and diminishing share of the budget.
President Trump’s first full budget was unveiled yesterday. It has the worthy goal of reducing the national debt as a share of the economy, but how it gets there needs more work.
Everybody wants to grow the economy faster, and with good reason. In addition to improving incomes for Americans, more growth will also help fix the debt. However, some politicians are making unrealistic promises about how much growth can be achieved.
National Debt and You