We have previously discussed the soaring debt in the country as both Democrats and Republicans plunge this nation into shocking debt levels. This week we passed another milestone in our debt surpassing $22 trillion for the first time in history. That is a jump of $30 million in just the last month alone. In the meantime, members of Congress and the White House continue to demand more massive levels of spending.
Our debt is rising to a record level and at a faster rate. Yet, there is no response from the public as our leaders send us down the road of destructive debt that will saddle the country for decades.
The combination of spending and the $1.5 trillion tax cut has resulted in adding a trillion dollars in the last 11 months.
We now have an utter lack of responsibility and leadership. Both parties are satisfied that their respective bases simply care more about partisan fights than budgetary policies. It is dangerous not simply because we are selling off the future of our children but that there is little concern over this new record level of debt in terms of its damage to our economy or even any threat to political interests.