We run trillion dollar deficits… me and my kids will be burdened with this debt!
At the same time we hand out tremendous benefits to the elderly through SS. We should be spending more on children than the elderly.
I agree that it’s a problem. I’m just pointing out why nothing is being done. What you see here is 100% political theater and wheeling and dealing. Meanwhile the debt goes up continuously under both Democrats and Republicans.
Few members of either party are actually serious about cutting spending, especially when they get into power and cuts might be to their pet projects. There’s also a culture of using pork spending to almost literally buy votes. It’s been entrenched in the US systems for generations.
Your children aren't the ones paying for it. Numbers changing in a computer system is what pays for it.
Printing Money (expanding money supply) creates inflation now as supply cannot match demand.