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 don't answer to billionaires. We answer to you.

You've watched it happen in real time: corporate media cutting staff, killing stories, and bending to power. The giants of American media have owners to protect, and the truth pays the price.

None of it should surprise us. The problem with American journalism has always been that we entrusted this vital public service to for-profit companies whose allegiance could shift with the political winds and the bottom line.

That is why Mother Jones is independent from billionaires, corporations, and any other deep-pockets owner—and has been since we were founded 50 years ago. We’re only answering to our readers. To you.

We’re funded by our readers too. This week, we have a generous $50,000 match for all donations, meaning that your donation—and your impact—will be doubled. Gifts from readers like you help keep us fiercely independent and telling the truth about those in power.

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