Should the US Constitution Be Amended to Limit Borrowing From the Future?

Should the US Constitution Be Amended to Limit Borrowing From the Future?
A man waits at a bus stop that displays the official national debt of the United States in Washington on June 19, 2020. Olivier Douliery/AFP via Getty Images
Vishnu Pendyala
Updated:
Commentary
The U.S. national debt is at a staggering $28.6 trillion, which is $227,474 on each of us taxpayers, according to USDebtClock.org. The recent federal infrastructure bill adds $256 billion to the deficit over 10 years. Education standards are diminishing, and governments are loosening laws around petty crimes, to name a few indicators of portending trouble. Short-term measures and appeasement are increasingly gaining popularity at the cost of future prosperity.
Vishnu Pendyala
Vishnu Pendyala
Author
Vishnu S. Pendyala, Ph.D., teaches machine learning and other data science courses at San Jose State University. He is an ACM distinguished speaker, book author, and has over two decades of experience in the software industry.
Related Topics