September 3, 2020

Deficit Set to Become Big Problem on November 4th

The Congressional Budget Office issued a report this week warning that federal debt would soon be higher than our annual GDP:

There’s no need to worry about this, though. Joe Biden looks like a good bet to win the presidential election, and if he does then the federal deficit will once again become our nation’s single biggest problem on November 4th. Republicans are pretty reliable on this score.

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We’ll say it loud and clear: No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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