America’s debt keeps growing and is approaching $39 trillion. We’re barreling towards a fiscal crisis, but our elected officials are waltzing with the status quo to avoid hard decisions required to fix our nation’s finances.
Time is running out. We can no longer put our heads in the sand pretending America’s debt is not an immediate threat to affordability, economic strength, national security, and future generations.
Budget hawks have sounded alarm bells for years, but now even Wall Street is joining the plea. Just recently, the CEO of America’s largest financial institutions, including BlackRock and JPMorgan Chase, warned that Washington’s unsustainable spending poses a bigger risk to capital markets than the Federal Reserve’s actions.
Read the full story here.