
"In mid-February, the nonpartisan Congressional Budget Office (CBO) released a shocking report calculating that at the current rate of increase, the national debt is set to hit $64 trillion by 2036. Sixty-four trillion dollars is such an eye-popping number—double the national debt in 2023 and triple where it stood in 2018—that it would mean the public would owe over 120% of overall GDP, crushing the previous record of 106% in 1946."
"After such a stark warning on an issue impacting all Americans and just about every public policy that requires federal spending, from national security to social security, you would think that cable news pundits and print columnists would be beating the drum for Washington to take action. But, instead, Trump allies and critics alike skipped over the CBO report and allowed Trump to continue to flood the zone and drive the narrative."
"Right-leaning media today have little interest in the story as it's nearly impossible to cover it without taking a swipe at Trump and the GOP-led Congress. The increase is in part due to Trump's so-called Big Beautiful Bill, which included tax cuts resulting in far greater revenue losses than Trump's tariffs or economic growth can replace."
In mid-February, the Congressional Budget Office released a report warning that the national debt will reach $64 trillion by 2036 at current rates, doubling 2023 levels and tripling 2018 levels. This would result in public debt exceeding 120% of GDP, surpassing the previous 1946 record of 106%. Despite this dire warning affecting all Americans and virtually every federal spending policy, mainstream media largely ignored the report while focusing on other Trump-related stories. Conservative media outlets have minimal interest in covering the debt issue, as doing so would require criticism of Trump and the GOP-led Congress. Tax cuts from Trump's legislation have contributed significantly to the projected deficit increase, with revenue losses exceeding what tariffs or economic growth can offset.
#national-debt-crisis #congressional-budget-office-report #media-coverage-gap #federal-deficit #political-polarization
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