Ignoring the key drivers of our debt won’t make it go away, especially not anytime soon. We still have a long way to go to secure our nation’s fiscal future.
Tonight President Obama delivers his fifth* State of the Union address. Ahead of that speech, this morning, NBC News and Wall Street Journal released their latest survey taking the pulse of the nation. Americans are sour toward Washington and increasingly pessimistic about the future of our nation.
With President Obama fresh off of his Hawaiian vacation, his administration has pivoted to income inequality. First on their list is extending unemployment insurance three more months.
We at Bankrupting America have talked a lot about how negatively uncertainty coming from Washington affects the U.S economy. In general, we’ve discussed this concept in relation to spending, taxation and debt.
After the Ryan-Murray budget deal was announced last week, it quickly passed in the House of Representatives and is now awaiting passage in the Senate.