Cafferty File

Why won't Congress and Pres. get serious about debt crisis?

FROM CNN's Jack Cafferty:

The federal government has been operating without a budget for six months, instead lurching from one stop-gap spending measure to the next. And the inability or unwillingness of the president and Congress to do the jobs they were elected to do is starting to have an impact.
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A new report on CNN Money.com highlights some of the growing money woes:

The U.S. military has delayed a total of 75 projects. And the Army has deferred contracts for new equipment like Chinook helicopters and held off on refurbishment projects of war-torn Humvees.

No big deal. We're only fighting three wars.

There are hiring freezes at the Justice Department, Social Security Administration and Congressional Budget Office. And the Army and the Marine Corps have temporarily stopped hiring civilians.

Eight new Social Security offices will not open.

National Institutes of Health officials are underfunding some grants, due to uncertainty over the budget.

Almost one year ago, President Obama launched the National Commission on Fiscal Responsibility and Reform, a bipartisan deficit commission. The group released its final report in December, but the suggestions have been all but ignored.

This week, ten ex-chairs of the President's Council of Economic Advisers wrote an opinion piece on Politico.com urging Congress and the President to act quickly. They said, "The unsustainable long-run budget outlook is a growing threat to our well-being. Further stalemate and inaction would be irresponsible." Want to bet that's ignored too?

Here’s my question to you: Why won't Congress and the President get serious about America's debt crisis?

Tune in to the Situation Room at 6pm to see if Jack reads your answer on air.

And, we love to know where you’re writing from, so please include your city and state with your comment.