Both Democrats and Republicans failed the Americans by over spending and leading the US on the path to bankruptcy. Interest payments on the debt totaled $522.7 billion in FY2020 alone. The federal debt is over $80,000 dollars per capita, which is about 50% more than the median income in the country.
Judge Napolitano says that US debt at the end of President Trump’s first term will be $27-TRILLION, because his newly passed budget adds $6-trillion in debt per year, or one-million dollars per minute, above what is collected in taxes. The debt is so high, and the government borrows so much, that 40% of all its present revenue goes to pay for interest on debt for goods and services already consumed. Future generations will be paying for goods and services that were consumed before they were ever born!