Ignoring the Fiscal Elephant: Americas Unsustainable National Debt

The United States faces a significant challenge with its growing national debt, which neither political party is adequately addressing. While politicians avoid the difficult truth, experts like Brian Riedl offer solutions to stabilize the debt without resorting to extreme measures. These solutions, however, require tough choices, including raising taxes on the wealthy and adjusting benefits for affluent retirees, both of which are necessary to address the disproportionate distribution of wealth and the unsustainable funding model of programs like Social Security and Medicare.