PART 2 — THE NATIONAL DEBT
Due to the irresponsibility and selfishness of both Democrats and Republicans past and present in Congress, our nation’s debt is currently 36+ trillion dollars and climbing. Net interest payments on this crippling debt, according to the Congressional Budget Office, if nothing changes, will total $13.8 trillion over the next decade! Both parties knew we were spending money America did not have and both parties in Congress deficit spent anyway, year after year, decade after decade. Neither major party can feign ignorance and say, “How could anyone have foreseen this nation’s debt growing so large?” No, I’m sorry, Dems and Reps, that won’t work.
Also, with the work President Trump is doing on tariffs to level the playing field and open other nations’ markets to American goods, if he is successful, this will go far to lowering our trade deficits and reducing our national debt.
Of course, that assumes that any savings from reducing our trade deficits actually goes toward the national debt. According to a Forbes.com article dated Feb. 19, DOGE leader Elon Musk is calling for returning “20% of DOGE’s targeted $2 trillion in savings to the 79 million taxpaying households,” resulting in about $5,000 in tax returns per household.
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