Averting Americas Debt Crisis: Tough Choices Ahead

The United States faces a serious problem with its growing national debt, but politicians are not being honest with voters about the difficult choices needed to address it. Experts agree that a combination of tax increases, spending cuts, and benefit reductions will be necessary to stabilize the debt. This includes raising taxes on the wealthy and making adjustments to entitlement programs like Social Security and Medicare, particularly for wealthier recipients. While these solutions may be unpopular, they are less drastic than the measures that will be required if the problem is ignored.