- Published on
The Looming US Debt Crisis: How 2024 Election Promises Ignore the Biggest Economic Threat
- Authors
- Name
- Tiny Tech News
Both Donald Trump and Kamala Harris are proposing tax cuts and spending increases that will exacerbate the national debt, which is already at a record high. Experts warn that without significant changes, such as reforming Social Security and Medicare, the US could face a debt crisis. However, neither candidate is willing to campaign on such unpopular measures. While voters express concern about the debt, they are unwilling to accept the necessary solutions, such as benefit cuts or tax increases. This inaction will ultimately result in a more severe financial burden for everyone in the future.
Read more here