Opinion

America’s debt crisis threatens our children’s future. We the People need to fix it

Interest costs exceed $1 trillion a year, consuming one fifth of total federal revenue

By Les Rubin Fox News

Published October 8, 2026 5:00am EDT

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House Majority Whip Tom Emmer lays out GOP priorities as national debt surpasses $40 trillion

House Majority Whip Tom Emmer joins 'Sunday Morning Futures' to discuss the GOP's legislative priorities, the SAVE America Act and the national debt surpassing $40 trillion ahead of the upcoming midterm elections.

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If your house were on fire and your children were inside, you would not shrug and say that you are only one person and therefore powerless. You would run toward danger because the people you love were at risk and because waiting would be an act of surrender. America is facing a different kind of fire. It is a fiscal fire, and our children and grandchildren are already inside the house.

Some have heard warnings about the national debt for so long that they conclude nothing terrible ever happens. Others believe a single voice cannot possibly matter. Some do not think the problem is serious. Others assume that because the United States remains the world’s strongest economy, nothing can........

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