Now is the time to deal with our national debt

By DON C. BRUNELL

Contributor

Now that Hillary Clinton and Donald Trump are certain to be the Democrat and Republican presidential candidates, it is time for them to deal with our national debt.

Our nation is on an unsustainable borrowing trajectory. We now owe over $19 trillion to lenders of which nearly half are offshore (including China). At the rate which we are selling treasury notes, the deficit will balloon to $21.1 trillion by 2020.

That means when the presidential election rolls around in four years, each taxpayer’s share of the debt repayment will be $163,000 if nothing is done to ad...