LIVE
News The Washington Post

After decades of free spending, Washington is facing some unpalatable choices - The Washington Post

After decades of free spending, Washington is facing some unpalatable choices - The Washington Post

As the national debt surpasses $40 trillion, lawmakers may soon be compelled to make some long-deferred choices that will leave few Americans unscathed.

Year after year, the federal government has spent more than it collected in taxes. Each annual shortfall increased the national debt, slowly at first and then by leaps, defying warnings of an inevitaโ€ฆ [+13 chars]

Discussion (0)

No comments yet. Be the first to share your thoughts!

Join the Conversation

You need to be logged in to leave a comment.

Sign In Create Account