Congress essentially debiting people's bank accounts by spending at record levels, expert says

Updated: November 14, 2024 - 12:17am

Goldwein says average Americans should care about the nation's rising deficit and debt: "What's going to happen is your income is just going to grow a little bit slower than it otherwise would each year, year after year, and so you might not feel it at any moment in time but it accumulates and ultimately can create a lot of pain."