No One Wants to Talk About the Debt

Wall Street Journal: “What’s remarkable about this election is how spending cuts initially were such a centerpiece of Trump’s agenda (see, RIP DOGE) and now…crickets.”

“Total government debt is barreling toward $40 trillion. The deficit—or gap between revenue and spending—is projected to be $1.887 trillion this year, and then breach $2 trillion next year, according to the Congressional Budget Office. Borrowing this much money costs a tremendous amount of money. The government is poised to pay $1.1 trillion in interest on its debt this year.”