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The Ticking Time Bomb of the National Debt: 2024 Candidates Ignore Looming Crisis

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    Tiny Tech News
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The upcoming presidential election presents a concerning financial outlook as both candidates, prioritizing voter satisfaction over fiscal responsibility, propose plans that exacerbate the already dire national debt situation. Despite warnings from experts, neither candidate is addressing the unsustainable trajectory of programs like Social Security and Medicare, choosing instead to either maintain or expand them, further increasing the deficit. While stabilizing the debt necessitates unpopular decisions such as benefit reductions and tax increases, both candidates shy away from these measures, opting for politically palatable promises that will ultimately worsen the issue. This avoidance of fiscal responsibility sets the stage for a potential economic crisis, the consequences of which will ultimately burden the very taxpayers whose interests the candidates claim to prioritize.

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