Fortune on Nostr: America’s national debt is ballooning—and any real solutions can only be ...
America’s national debt is ballooning—and any real solutions can only be bipartisan
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America's national debt is exceeding defense spending; interest payments on the national debt surpass defense spending; Democratic platform proposes raising taxes on corporations and high earners; top 10% pay over 75% of income taxes; Republicans suggest cutting discretionary spending but not Medicare, Medicaid, or Social Security; real solutions require bipartisan efforts; need to define the problem and propose real solutions; reforms needed in Social Security, healthcare, and antitrust policies; a value-added tax could ensure fair contributions; a National Commission on Fiscal Responsibility and Reform is necessary; public discussion and engagement on national debt are crucial.
#NationalDebt #Bipartisan #Economy #TaxReform #Healthcare #SocialSecurity #FiscalResponsibility #GovernmentSpending #EconomicGrowth #PolicyReform
https://fortune.com/2024/09/16/america-national-debt-ballooning-real-solutions-bipartisan-economy-finance-politics/Published at
2024-09-16 14:55:01Event JSON
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"content": "America’s national debt is ballooning—and any real solutions can only be bipartisan\n==========\n\nAmerica's national debt is exceeding defense spending; interest payments on the national debt surpass defense spending; Democratic platform proposes raising taxes on corporations and high earners; top 10% pay over 75% of income taxes; Republicans suggest cutting discretionary spending but not Medicare, Medicaid, or Social Security; real solutions require bipartisan efforts; need to define the problem and propose real solutions; reforms needed in Social Security, healthcare, and antitrust policies; a value-added tax could ensure fair contributions; a National Commission on Fiscal Responsibility and Reform is necessary; public discussion and engagement on national debt are crucial.\n\n#NationalDebt #Bipartisan #Economy #TaxReform #Healthcare #SocialSecurity #FiscalResponsibility #GovernmentSpending #EconomicGrowth #PolicyReform\n\nhttps://fortune.com/2024/09/16/america-national-debt-ballooning-real-solutions-bipartisan-economy-finance-politics/",
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