The increase in national debt is not merely a financial statistic; it's a reflection of policy decisions and spending habits of past presidents that have lasting ramifications.
As the national debt rises, so do the costs associated with borrowing. Increased interest payments make it challenging to fund critical areas such as healthcare, education, and infrastructure.
Public understanding of presidential impacts on the national budget is crucial. Only two presidents on this list managed to reduce the debt, highlighting the systemic issue of fiscal irresponsibility.
The role of Congress and the President in managing the budget is paramount in ensuring funds serve the public good rather than going towards servicing debt.
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