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Policy expert: National debt ‘highly problematic’
Romina Boccia, economic-policy-studies research fellow for the Heritage Foundation, in a recent commentary piece warns that our $20 trillion national debt puts our nation in a volatile position. LifeZette has the commentary: Soon the national debt will top $20 trillion. Three-fourths of that has been borrowed from domestic and foreign investors. The rest is money…
Read MoreAverage family income to drop $12,000 by 2046
The effects of overextending ourselves as a country are real and, in three decades, will emaciate Americans’ already tight family budgets. The Daily Signal has the story: But deficit spending and unsustainable debt pose a significant threat to our economy. The House Budget Committee recognizes this threat, recently releasing a working paper highlighting the damaging…
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