Are we headed towards a crisis?
Congress left town this August for an extended recess without passing a budget or any required spending bills, and spending has largely been ignored as a major issue in the presidential election. But just because the politicians and media are distracted doesn’t mean the nation’s most critical problems are going away.
Case in point: The Congressional Budget Office just released its updated budget projections, and the unrelenting deluge of spending, debt, and deficits continues to grow larger by the year.