US Fiscal Bind: Past Debt vs. Future Investment

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- America is caught in a historic capital squeeze, with trillions required to service past Washington borrowing and trillions more needed to fund the economy's future.
- The next president will inherit a fiscal reckoning 'decades in the making,' with the article flagging taxes as the first place the price will be exacted.
Why it matters: The next president inherits a generational twin bind — repaying accumulated debt while funding future growth simultaneously — and the article signals taxes as where the bill lands first. There is no fiscal option on the table that resolves both trillion-dollar demands without trade-offs.
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