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America’s Debt Crisis Deepens | Charleston News
The U.S. national debt has hit a staggering $40 trillion, doubling in a decade as both Trump and Biden administrations added $20 trillion each—driven by pandemic spending, tax cuts, and a political culture that favors giving over paying. With interest payments soaring past $1 trillion annually and Social Security/Medicare costs climbing as the population ages, the fiscal path is unsustainable. Yet, tough choices like raising taxes or cutting programs remain politically toxic, leaving voters to grapple with long-term consequences they rarely prioritize at the ballot box. Listen in comfort:Get…
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