Turn to 10 on Nostr: Presidential candidates urged to prioritize America's $34 trillion debt crisis ...
Presidential candidates urged to prioritize America's $34 trillion debt crisis
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Critics are calling on presidential candidates to prioritize reducing America's $34 trillion debt crisis. The United States' debt has reached over 100% of the size of the economy, and experts warn that a financial crisis could be generated anytime with such a large debt. The debt amounts to $259,000 per American household. The national debt has skyrocketed from $7 trillion 20 years ago. In 1992, Ross Perot made reducing the national debt a key focus of his presidential campaign. Experts emphasize the need to address the debt and deficit before it damages the standard of living of American families. The federal government is projected to raise $5.0 trillion in taxes but spend $6.6 trillion in 2025. Both Republican and Democratic presidents have failed to successfully address the debt in the past. Critics urge presidential candidates from both parties to put forth plans to deal with the national debt.
#DebtCrisis #PresidentialCandidates #UnitedStates #Economy #NationalDebt
https://thenationaldesk.com/news/americas-news-now/presidential-candidates-urged-to-prioritize-americas-34-trillion-debt-crisis-government-united-states-inflation-economy-tax-breaks-third-party-republicans-democrats
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Critics are calling on presidential candidates to prioritize reducing America's $34 trillion debt crisis. The United States' debt has reached over 100% of the size of the economy, and experts warn that a financial crisis could be generated anytime with such a large debt. The debt amounts to $259,000 per American household. The national debt has skyrocketed from $7 trillion 20 years ago. In 1992, Ross Perot made reducing the national debt a key focus of his presidential campaign. Experts emphasize the need to address the debt and deficit before it damages the standard of living of American families. The federal government is projected to raise $5.0 trillion in taxes but spend $6.6 trillion in 2025. Both Republican and Democratic presidents have failed to successfully address the debt in the past. Critics urge presidential candidates from both parties to put forth plans to deal with the national debt.
#DebtCrisis #PresidentialCandidates #UnitedStates #Economy #NationalDebt
https://thenationaldesk.com/news/americas-news-now/presidential-candidates-urged-to-prioritize-americas-34-trillion-debt-crisis-government-united-states-inflation-economy-tax-breaks-third-party-republicans-democrats