‘Fiscal hawks’ now endangered as US shrugs at debt

Washington (AFP) – At their national convention in 2012, Republicans mounted a clock counting the growing US national debt on the wall, a warning of the looming financial catastrophe they said imperiled Americans.Eight years later, the clock has stopped under Republican President Donald Trump, and the “fiscal hawks” whose strident calls for action to contain the trillions of dollars in US government debt have either lost their influence, or are keeping quiet.The latest sign of this shift away from fiscal discipline was on full display as White House acting chief of staff Mick Mulvaney said as …

Read More