The $2 trillion deficit candidates don’t want to discuss
It is arguably the biggest political issue facing our nation, but not a single candidate with a chance of winning an election is talking about it on the campaign trail.
TL;DR
- The federal budget deficit is projected to reach almost $2 trillion in fiscal 2026.
- This deficit is considered a major political issue, yet it is not being discussed by candidates in the election.
- The deficit's consequences include reduced affordability of homes and cars, higher business financing costs, and potential slowing of wage growth.
- A significant threat posed by the deficit is the possibility of America being unable to meet its debt obligations.