Reported 3 months ago
Financial markets are signaling unease over the growing US national debt, but Congress, instead of addressing the issue, is proceeding with a tax-cut package that could exacerbate the situation. Despite rising interest rates on Treasury bonds, indicating increased risk, lawmakers seem unfazed, with plans that may add $3 trillion to the national debt. The situation raises questions about a potential debt crisis, as current fiscal policies continue to favor short-term tax cuts over long-term budgetary responsibility.
Source: YAHOO