If you value incompetence and chaos, vote Republican.

Link: https://www.nytimes.com/2026/08/27/us/politics/national-debt-trump-reaction.html?smid=nytcore-ios-share

Not every year. But the Gingrich-Clinton cooperation - bipartisan! - made it possible.

Neither party is guilt-free since...but three major round of tax cuts (that did not result growth that could pay for them) and two catastrophic wars go a long way to explaining the position we find ourselves in.

To be clear - today we do not need to pay down the debt. We just need balanced budgets. The fixes are well known - raise the retirement age, raise the caps on SS payments, roll back those tax cuts, cut Pentagon spending - but our system is broken.