U.S. Debt Tops GDP as Interest Costs Keep Climbing

The U.S. debt has now climbed above the size of the economy, and interest costs are surging with it. That is what decades of borrowing and spending addiction look like in real life - a growing bill that crowds out priorities and limits flexibility. Washington loves to promise everything to everyone, but taxpayers are left holding the bag. The numbers are a warning that fiscal discipline cannot keep being treated like an optional policy. Read more about this...