Here is a video that explains why our elected officials cannot balance the federal budget. It will require wholesale changes that will affect all of us.
We obviously don't have the adults in the room that can see past getting re-elected or they would have dealt with the issue already. Any official who seriously takes on this issue gets creamed by the other side.
Watch this short video and you will see why we are headed off of a cliff financially. The truth is that "WE ARE GREECE" and Spain and Portugal and Ireland. Our financial fate will lie in the hands of other coutries. What are we going to do when China wants the money we borrowed. Give them San Francisco or Dallas or Atlanta or Detroit. Sorry, they wouldn't take Detroit.