The Hill News

Last year, we saw political partisanship and gridlock paralyze our nation’s capital. As President Obama prepares to deliver his annual address to Congress, how much time will be spent discussing real solutions to the country’s financial woes?

Federal debt just topped an astounding $15 trillion, which means it amounts to more than 62 percent of the American economy. Erskine Bowles, Chairman of National Commission on Fiscal Responsibility and Reform, once said, “This debt is like a cancer. It is truly going to destroy the country from within.” And to be sure, the conversation about our national debt is as much about future generations as it is about the present. Life in America as we know it is in jeopardy.

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