America is staring down a demographic and fiscal abyss that threatens to devour the American Dream for working families, retirees, and the next generation. Voters can feel the weight of it in every strained paycheck and empty grocery cart this critical midterm season.
The 2026 Joint Economic Report from Congress’s Joint Economic Committee (JEC), led by Chairman David Schweikert, a Republican representative from Arizona, cuts through the political spin with unflinching data and analysis. Every voter worried about the economy must confront some hard truths.
In this close-run midterm fight, where millions of Americans fear for their financial security, this report is vital food for thought. It reveals exactly where America’s economy stands after years of Democratic mismanagement and where it is headed unless bold, responsible changes are made. Now.
Democrats own this mess. Their refusal to face reality has produced peacetime deficits around 6 percent of gross domestic product (GDP), a national debt now at $39 trillion, and exploding interest payments that already rival or exceed the entire defense budget. Net interest alone takes nearly 20 cents of every tax dollar collected, and that share is projected to nearly double within 30 years.
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