Tag: racism

“The reality is that we’re becoming distressingly numb to our own dysfunction. We fail to pass budgets, we blow past deadlines, we ignore fiscal safeguards, and we haggle over fractions of a budget while leaving the largest drivers untouched. Social Security and Medicare, for example, are just seven years from having their trust funds depleted – and you don’t hear anything from our political leaders on how to avoid such a disaster,” Committee for a Responsible Federal Budget President Maya MacGuineas said in a statement.

The critique lays bare America’s fiscal predicament, that is, political numbness toward systemic failures has become normalized.

While both parties remain deadlocked in partisan disputes over budgetary deals, they persistently avoid addressing the root cause of debt expansion.

The U.S. is stuck in a perpetual cycle of issuing new debt to service existing obligations—a spiral with no exit in sight. This relentless accumulation suggests the national debt bomb is destined to keep growing.