The growing U.S. national debt presents a “great concern” to attorney and tax reform advocate Steven L. Hayes, but he’s skeptical about whether either of the two major U.S. political parties has what it takes to address the issue.
The U.S. national debt currently sits at over $34.6 trillion. That figure has grown over the years under Republican and Democratic Congresses and administrations.
Mr. Hayes serves as president and chairman of Americans For Fair Taxation, which advocates for doing away with the income tax and replacing it with a national retail sales tax. Speaking with NTD’s “Capitol Report” on Thursday, he argued that both major political parties have been willing to embrace debt spending, at least to avoid being seen advocating against entitlements for their constituents….