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 debt concerns have been raised for years, the current situation is unprecedented. Experts warn that without intervention, the debt could lead to a financial crisis.

Both presidential candidates, Kamala Harris and Donald Trump, propose tax cuts and spending plans that would further increase the debt. While their approaches differ, both fail to address the underlying issue of unsustainable debt levels.

Experts suggest that stabilizing the debt requires significant measures, such as reforming Social Security and Medicare, which are projected to experience funding shortfalls. However, these programs are popular, and neither candidate supports making changes that could alienate voters.

The article concludes by suggesting that politicians are unlikely to address the debt issue until a crisis occurs, forcing action. This delay will likely result in a more severe impact and higher costs for taxpayers in the long run.