Ladies and Gentlemen, the USA is borrowing 46% of everything the federal government spends. It has taken the USA decades to get to this point while BOTH political parties swapped power positions and continued the steady advancement to our current situation.
The various political factions are like members of an orchestra who cannot decide on a song to play, so each plays what they wish to play. Meanwhile, the big luxurious boat they are on is steadily sinking. If all political factions do not solve the spending/borrowing problem....the USA is doomed to financial failure and the resulting turmoil that will result.