logo
DAVID MARCUS: Why nobody wants to cut the national debt despite everyone saying they should

DAVID MARCUS: Why nobody wants to cut the national debt despite everyone saying they should

Fox News28-05-2025

It was Mark Twain who quipped that the "great works" are books that everyone wants to have read, but nobody wants to read. We could easily say the same thing about the U.S. national debt: It is something everyone wants to have cut, but nobody wants to cut.
As the House Republicans' big beautiful bill moseys over to the Senate for potential passage, there is growing concern among many on the right that the spending cuts are insufficient, and that the bill puts the country on the road to much greater debt.
Senators Ron Johnson, R-Wis., Rick Scott, R-Fla., and Rand Paul, R-Ky., have all promised opposition to what they see as the "big bloated bill," and DOGE architect Elon Musk has expressed disappointment that the alarm he is raising about the debt, and his cost-cutting recommendations are being ignored.
As usual, this attempt to stand athwart massive spending while yelling, "Stop!" is an uphill battle. Here are five reasons why deficit reduction has been the hardest of political nuts to crack, and how these reasons might be addressed.
To put it bluntly, very few American voters have a real working understanding of how the national debt actually works. Sometimes it feels like very few members of Congress do either, but it's a big part of why debt cutting is not a political winner.
Most people vote around issues they feel in their gut, like crime, high prices or immigration, not cold-calculated things like debt and monetary policy. While the Tea Party of 15 years ago may have been an exception, it was a movement of the managerial class, who understood debt, not a broad cross-section of voters.
People like free stuff, even when it's not really free. Even those who support cutting the deficit can get a bit testy when you threaten their slice of the pie, or the money flowing into their communities.
The New York Congressional delegation, led by Rep. Mike Lawler, R-NY, just secured bigger federal deductions for state and local taxes for their constituents. Sure, it comes at the expense of better-run states, but as they say in Brooklyn, it is what it is.
There are two issues in American politics that voters have been warned for 40 years must be addressed immediately or else all hell will break loose by next Tuesday. They are climate change and the deficit, and Tuesday never really seems to come.
This is not to say that our staggering national debt hasn't done great harm to our country; It absolutely has, far more than climate change. But that harm is not felt in an obvious and catastrophic way, so it does not light a fire under voters.
There is a sense among many Americans, and not entirely without cause, that our country's status as the world's foremost superpower protects us from being hurt by our foreign creditors. We have nukes, after all, so what are they going to do? Robocall the White House during dinner?
This is, of course, a facile understanding, but it underscores that even though people are concerned about the debt, or say they are, they do not feel it as an existential threat.
The final reason why Americans have a hard time getting excited about efforts to cut the debt is that both parties always swear they will do it while they are out of power, and never do it when they are in power. They can make the reservation to cut the deficit, but they never show up.
This has led many Americans to just assume it's never going to happen.
Make no mistake, these are significant headwinds that have stalled out almost every effort to cut the debt for decades. But it doesn't mean they cannot be overcome.
This week, Florida Gov. Ron DeSantis weighed in with serious criticism of some of his GOP compatriots.
"We have a Republican Congress, and to this day, we're in the end of May, past Memorial Day, and not one cent in DOGE cuts have been implemented by the Congress," he said.
DeSantis is an interesting voice in this debate. He went from winning a governor's race in then-centrist Florida by the skin of his teeth to winning reelection by 20 points in a mere four years, and he did it not by saying things, but by doing things.
DeSantis took risky positions on things like COVID policy and the economy because he trusted that the results, even in the short-term, would be beneficial. He gambled that he would be rewarded for them, which he surely was.
The fiscal hawks need to talk less about doom and gloom and talk more about how lowering the debt can open doors to things like better credit, homeownership, financial security, and better yet, get a few of these cost-cutting measures past the goalie.
The American people will not be threatened into supporting cost-cutting measures to slash the debt, but they can be convinced. And nothing could be more convincing that this Congress enacting some serious and responsible cost-cutting actions right now.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's new travel ban set to take effect amid escalating tension over immigration enforcement
Trump's new travel ban set to take effect amid escalating tension over immigration enforcement

Washington Post

time20 minutes ago

  • Washington Post

Trump's new travel ban set to take effect amid escalating tension over immigration enforcement

WASHINGTON — President Donald Trump's new ban on travel to the U.S. by citizens from 12 mainly African and Middle Eastern countries is set to take effect Monday amid escalating tension over the president's unprecedented campaign of immigration enforcement. The new proclamation, which Trump signed on Wednesday , applies to citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. It also imposes heightened restrictions on people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela who are outside the U.S. and don't hold a valid visa. The new ban does not revoke visas previously issued to people from countries on the list, according to guidance issued Friday to all U.S. diplomatic missions. However, unless an applicant meets narrow criteria for an exemption to the ban , his or her application will be rejected starting Monday. Travelers with previously issued visas should still be able to enter the U.S. even after the ban takes effect. Haitian-American Elvanise Louis-Juste, who was at the airport Sunday in Newark, New Jersey, awaiting a flight to her home state of Florida, said many Haitians wanting to come to the U.S. are simply seeking to escape violence and unrest in their country. 'I have family in Haiti, so it's pretty upsetting to see and hear,' Louis-Juste, 23, said of the travel ban. 'I don't think it's a good thing. I think it's very upsetting.' Many immigration experts say the new ban is designed to beat any court challenge by focusing on the visa application process and appears more carefully crafted than a hastily written executive order during Trump's first term that denied entry to citizens of mainly Muslim countries. In a video posted Wednesday on social media, Trump said nationals of countries included in the ban pose 'terrorism-related' and 'public-safety' risks, as well as risks of overstaying their visas. He also said some of these countries had 'deficient' screening and vetting or have historically refused to take back their citizens. His findings rely extensively on an annual Homeland Security report about tourists, businesspeople and students who overstay U.S. visas and arrive by air or sea, singling out countries with high percentages of nationals who remain after their visas expired. Trump also tied the new ban to a terrorist attack in Boulder, Colorado , saying it underscored the dangers posed by some visitors who overstay visas . The man charged in the attack is from Egypt, a country that is not on Trump's restricted list. U.S. officials say he overstayed a tourist visa . The ban was quickly denounced by groups that provide aid and resettlement help to refugees. 'This policy is not about national security — it is about sowing division and vilifying communities that are seeking safety and opportunity in the United States,' said Abby Maxman, president of Oxfam America, a nonprofit international relief organization. Venezuela President Nicolás Maduro's government condemned the travel ban, characterizing it in a statement as a 'stigmatization and criminalization campaign' against Venezuelans.

Can You Trust Anybody?
Can You Trust Anybody?

Wall Street Journal

time21 minutes ago

  • Wall Street Journal

Can You Trust Anybody?

Who can you trust anymore? Just before leaving office, President Biden railed against a 'tech-industrial complex' claiming, 'The truth is smothered by lies told for power and for profit.' Hmmm, was he referring to the coverup of his own health decline and the sharp-as-a-tack charade? Can we trust presidents? The press? Anyone? We're told to trust the process. Trust the system. Even trust the science. Trust always starts with a belief in truth and adds in a little integrity, reliability and character. Often, it's more faith than belief. Being trustworthy is the first attribute of Boy Scout Law. How quaint. We're told to trust 'experts.' I like to say, 'I trust them about as far as I can throw them.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store