It ought to be clear to everybody that Washington’s politics as usual must end when the former senior aide to a Democratic president and a former Republican senator agree that the United States faces an onrushing fiscal calamity that cannot be ignored.
Erskine Bowles, White House chief of staff for President Clinton, warned the National Governors Association recently that the $13 trillion national debt “is like a cancer, it’s a cancer that’s going to destroy our country from within.” Former Republican Sen. Alan Simpson of Wyoming noted that the debt is growing as never before because federal spending is out of control.
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