We can, and should, finally address the national debt

Published November 27, 2022 12:00am ET



The public sent a message this month that they don’t support extremist candidates. Instead, people want sensible policy and political leaders who can get things done. The new moderates in Congress would do well to address the extreme threat currently ignored by both ends of the political spectrum: our ballooning national debt.

Americans collectively owe over $31 trillion. To put that in perspective, each citizen owes a little over $93,000. Even that number underestimates the scale of the crisis as not all citizens pay taxes. If you are a taxpayer in this country, your share of the debt is almost a quarter of a million dollars.

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