US Debt

The United States is in a very difficult position when it comes to balancing the national budget and reducing the national debt. The government has already promised people so much in social security, Medicare, and medicaid that it will have a difficult time paying for much else. This requires a more modest expenditure on social programs and a cutting back on all other spending. But this could also lead to problems if taxes are increased or government spending that stimulates business is cut too much, which could lead to a slowdown in the economy. This could have the effect of lowering all government income as less taxes would be payed. So the US government has to find a way to cut the deficit without hurting our economy or losing the support of voters who rely on nonessential programs to our economy or national security. To add on to this challenge, Congress has to agree on all these changes while each person is appealing to their unique political districts and trying not to loose their campaign funding from lobbyists.