The Congressional Budget Office (CBO) projects National Debt will rise to at least 110 percent of GDP by 2036. Before the United States reaches the 100 percent Debt to GDP threshold, no investor, foreign or domestic, will be willing or able to purchase our debt at any interest rate. The combination of political and social instability will swallow everything – including your savings. And yet, unlike Barack Obama, neither Hillary Clinton nor Donald Trump have focused on the rising ratio of Debt to GDP or the risk it presents. No more credit card shopping for Congress and the American people. We can't pay the bill!
As a result - no vision, no goals, no plan = no budget. That is why we have seen Continuing Resolution after Continuing Resolution to “fund the government” without asking the question are we funding the right priorities, at the right level with the right resources? Unless we arrive at an adequate answer to that question, it is a sure prescription for national bankruptcy!