Is the U.S. Fiscal Situation Unsustainable and hazardous?
This year’s deficit puts more gas on a presently raving financial fire. Exists is still time to change course and avoid a financial obligation crisis.
The very first chance to start reforms is the release of the president’s fiscal year 2021 budget plan next week. The president’s first three budget pledged to cut spending and essentially reform the role of the federal government. President Trump must continue to push for bolder reforms that focus the responsibilities of nationwide government back to its constitutional roots.
Future and existing generations can not manage for Washington’s reckless pattern of investing to continue.
Find out more: https://www.heritage.org/debt/commentary/23-trillion-the-us-national-debt-already-exceeds-the-size-the-us-economy
Still have not subscribed to The Heritage Foundation on YouTube? Click this link â–ş https://bit.ly/2otKliy
Follow The Heritage Foundation on Facebook: https://www.facebook.com/heritagefoundation/
Follow The Heritage Foundation on Twitter: https://twitter.com/Heritage
Follow The Heritage Foundation on Instagram: https://www.instagram.com/heritagefoundation/?hl=en
source