By Morris Beschloss, includes “One of the significant mysteries beclouding the increasing stagnation of constructive initiatives, emanating from both the House of Representatives and the Senate, is lack of media attention or ongoing public focus regarding the U.S. Treasury debt. As a reminder, it should be noted that the accelerating expansion of America’s fast-growing multi-trillion dollar debt had become the nation’s outstanding impasse during President Obama’s first term. It was one of the main issues that brought the Tea Party (taxed enough already) to the forefront, unleashing a tidal wave that delivered the “House” to the GOP, and came close to duplicating that feat in the Senate. Along with it came a historic majority of Republican governors and statehouse legislators. The focal issue at the 2010 mid-term election and thereafter was the $5 trillion addition to the previous $10 trillion national debt that had been amassed during President Obama’s first term, with little to show for it. This included an $850 billion bequest delivered by a Democrat Congress shortly after the Obama inauguration. This runaway debt eventually led to a political showdown, following the downgrading of the U.S. debt by such prominent rating agencies as Standard & Poor’s and Moody’s, and a threat of government shutdown. … But this is likely the lull before the eventual storm, as such an unresolved issue is sure to reappear as a lead confrontation with the approach of mid-term elections rapidly approaching.”

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