America’s red ink is back in the spotlight as the national debt is inching closer to overtaking the economy.
The U.S. government has regularly recorded grim fiscal milestones over the last 20 years.
A surging national debt, a bloated budget deficit, and interest payments are some of the financial challenges gripping Washington. Officials are at an impasse about what to do with the mounting IOUs.
Americans do not expect a solution anytime soon.
Fiscal confidence across party lines is at the lowest level in two years, according to new polling data from the Peter G. Peterson Foundation released last month….