Which means that we’re not Greece. I agree that we are going to need a period of financial austerity down the road to pay off all that is being added to the deficit. You can add the ‘17 tax cut to that as well.
It’s a conversation that we’re going to have to have as a nation. Though I doubt that conversation will be had in an election year as nobody is going to want to talk about raising taxes and cutting back on social services and military spending. it will have to be done at some point though.
Huge budget and fiscal deficits.