
America has a very expensive promises problem — and the bill is coming due
Fox News
U.S. debt crisis reaches $38.5 trillion with interest payments exceeding $1 trillion annually, making deficit reduction mathematically impossible through policy tweaks alone.
Ted Jenkin is president of Exit Stage Left Advisors and partner at Exit Wealth.
Democrats promise taxes on the rich will fix it.
And the U.S. Debt Clock keeps spinning like a Vegas slot machine that only pays out in red ink.
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