Staff Reports
Former U.S. Comptroller General, David Walker, is speaking out about Congress not doing enough about the country’s debt. He said it was “irresponsible” and urged lawmakers to take action. The economy’s growth slowed down to 1.6% in the first three months of the year, worrying experts. Inflation is also on the rise, making things even tougher for the economy.
Walker thinks the government needs to act fast to prevent the debt from growing even more. He believes that the recent reports about the economy should worry everyone. He pointed out that these problems, along with the increasing deficits, are bad news for Americans. Walker wants Washington to stop talking and start working on fixing the debt issue.
"It's time for Washington to stop the rhetoric, get to work on resolving the national debt, and show the voters some results,"
– @DavidMWalker7"Continuing inaction by Washington is irresponsible, inequitable, and immoral."
Congress' inaction on debt 'irresponsible' says…
— Federal Fiscal Sustainability Foundation, Inc. (@StopInflatingUS) April 27, 2024
The International Monetary Fund also warned the U.S. about its spending and growing national debt. They said it’s not sustainable and could harm the global economy. The IMF called the U.S. economy “overheated.” This isn’t the first time experts have raised concerns about the country’s rising debt.
Conservatives agree with Walker’s concerns. They believe that the government needs to stop spending so much money and start being responsible with taxpayers’ dollars. They think that if lawmakers don’t take action soon, it could have serious consequences for the country’s future. It’s time for Washington to listen to these warnings and take steps to fix the debt problem before it’s too late.
