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Averting Americas Debt Crisis: Shared Sacrifice for a Sustainable Future
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- Tiny Tech News
The US faces a massive and growing national debt problem that neither presidential candidate is addressing honestly. Politicians avoid the truth because fixing the debt requires unpopular choices like tax hikes, spending cuts, and benefit reductions. However, expert analysis suggests solutions exist to stabilize the debt without resorting to extreme measures. This includes increasing taxes on the wealthy, who hold a disproportionate share of national wealth, and reforming entitlement programs like Social Security and Medicare, particularly for wealthier recipients who currently benefit disproportionately.
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