Maya MacGuineas: National Debt is About to Roar Back to Life as a Pressing Issue
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, published an op-ed with CNN. An excerpt is below.
As a result of an unprecedented debt binge by Congress over the past year, the national debt is about to roar back to life as a pressing issue after years of hibernation.
In 2010, it was among the nation's top concerns. President Obama created a bipartisan national fiscal commission to come up with a plan to address it, but a big agreement ultimately failed.
The debt didn't go away. It has been growing by the second ever since, and the dominoes are about to start falling.