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National debt at an all-time high

National

New numbers show the national debt at an all-time high, sitting at more than $22 trillion.

The political debate over what to do with America’s debt appears to be missing in the nation’s capital.

President Donald Trump says he wants to reduce the country’s debt, but only after he spends billions to improve the nation’s military.

“If we don’t have a strong military, you don’t have to worry about debt, you have bigger problems,” said Trump.

Some economists say the federal government has already borrowed far too much money.

Marc Goldwein is with the Committee For A Responsible Federal Budget. He says the debt is a ticking time bomb.

“It’s the trillion dollar issue that everyone running for president is going to have to deal with,” said Goldwein.

A recent Pew Research survey shows fewer Americans view deficit reduction as a top priority. The survey found 48 percent believe reducing the debt is important. That’s down from 72 percent six years ago.

The debt is already having an impact on the 2020 campaign.

Democratic Presidential candidate Amy Klobuchar says concerns over the debt prevents her promising things like free college tuition.

“If I was a magic genie and could give that to everyone and we could afford it…I would,” said Sen. Klobuchar.

Democrats say one way to reduce the debt, overhaul the recently passed tax cuts.

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Glen Mills

Chief Political Correspondent

For this Beetdigger and Ute it’s an honor to be doing what he loves in his home state! Glen is an award-winning journalist, who joined the ABC4 Utah team in June 2013. You can catch him anchoring ABC4 Utah News at 4 Monday through Friday. He also serves as our Senior Political Correspondent, keeping you up to date on issues that impact your life at the city, state and national level. His political reports run throughout the week, and he hosts Inside Utah Politics, Sunday mornings at 8. The Utah Headliners Chapter of the Society of Professional Journalists has recognized Glen as the best government and military television reporter in the state. Before returning home to Utah, he spent 11 1/2 years developing his journalism skills in other states. He held various on-air and management positions at KPVI in Pocatello, Idaho, WGBA in Green Bay, Wisconsin and KKCO in Grand Junction, Colorado during that time.. Read More...

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