The Ticking Time Bomb of the National Debt: How 2024 Election Promises Ignore a Looming Crisis

The United States faces a significant economic challenge due to its growing national debt, which has reached $35 trillion. While some argue that stabilizing the debt at its current level would be sufficient, achieving this would necessitate substantial changes to government spending and revenue.

Both presidential candidates, Kamala Harris and Donald Trump, propose tax cuts and spending plans that would further increase the national debt. Experts suggest that addressing the debt requires difficult decisions, such as reforming Social Security and Medicare, which neither candidate is willing to address during their campaigns.

Despite growing concern about the national debt, politicians are reluctant to implement potentially unpopular solutions. This inaction will likely result in a future crisis forcing more drastic and expensive measures.