Letters for May 27: Republicans Are No Longer the Party of ‘Fiscal Conservatives’

Letters for May 27: Republicans are no longer the party of ‘fiscal conservatives’

Irresponsible It used to be that the Republican Party was the party of fiscal conservatives. Not anymore. We currently have a deficit of more than $36 trillion, and are paying almost a trillion in interest yearly, enough to fund our military budget. Yet President Donald Trump’s “big, beautiful bill” of tax cuts and other giveaways is predicted to add more than $3 trillion to that debt. We cannot continue on this path to ruin. This administration…

At debt’s door: US superpower is waning and Trump’s part of the problem

America spends more servicing its debt each year than it does on its enormous military. It’s a key sign of a great power in decline.

Why America’s deepening debt is spooking the world

Donald Trump’s ‘big, beautiful’ budget bill and chaotic policymaking has put the once-unquestionable haven status of US Treasuries up for debate.

The American Debt Spiral: A Global Warning

This photo taken on Jan. 20, 2023 shows the U.S. Department of the Treasury in Washington, D.C., the United States. (Photo/Xinhua) The United States, long regarded as the bedrock of global financial stability, now finds itself at a precarious fiscal crossroads. With the national debt surpassing $36 trillion and a recent credit rating downgrade by Moody's, the U.S. fiscal trajectory raises alarms not just domestically but across the interconnecte…