"Kitchen table cost-of-living issues are taking center stage this election year, and voters see that America's rising national debt is making their own lives more costly. Whether it's their car loans or grocery bills, Americans are rightly concerned about inflation, and the growing federal deficit is only making things worse."
"A new bipartisan poll by the Peter G. Peterson Foundation reveals a whopping 90% of voters are deeply concerned that the national debt—now nearing $38.8 trillion—is driving up inflation and driving up the cost of living, including prices for groceries, energy, housing, and transportation."
"The survey found 85% of voters are worried the debt's impact on interest rates is hiking up borrowing costs, directly affecting their ability to afford car loans, mortgages, and credit card payments."
President Trump's record-breaking 1 hour 47 minute State of the Union address announced new financial programs including national 401(k) accounts and Trump Accounts for children, yet notably avoided addressing the national debt. A bipartisan Peter G. Peterson Foundation poll reveals 90% of voters are deeply concerned the national debt, now nearing $38.8 trillion, drives inflation and increases living costs for groceries, energy, housing, and transportation. Additionally, 85% of voters worry the debt's impact on interest rates raises borrowing costs for mortgages, car loans, and credit cards. Voters explicitly connect macroeconomic policy to personal finances, with kitchen table issues dominating the 2026 election cycle. The foundation's CEO emphasizes stabilizing the debt is essential for improving affordability and economic growth.
Read at Fortune
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