Budget red ink threatens to spike inflation and unemployment

Both parties agree the debt is a crisis, right up until someone names which spending to cut.

The ticking time bomb that is the national debt just crossed the $40 trillion mark and could spark a fiscal crisis that could throw the economy into disarray, spiking unemployment and exploding inflation. Republicans and some centrist Democrats have long sounded the alarm about growing debt and deficits. The debt first crossed the $1 trillion […]

Read it at Washington Examiner ↗

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