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Fixing Debt and Fraud for Future Generations | Salt Lake City News
The national debt is skyrocketing—projected to jump from $40 trillion to nearly $64 trillion in a decade—with this year’s deficit alone exceeding all federal spending since the country’s founding. Younger generations face crushing financial headwinds, from unaffordable homes to shaky retirement prospects, as Social Security looms with potential cuts. To reverse course, Congress must overhaul its budgeting process to demand full-picture accountability and end wasteful spending. Meanwhile, rampant fraud costs taxpayers half a trillion dollars annually—roughly $4,000 per household—through scams…
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