Stop the insanity. Our national debt now tops $35 trillion...

The national debt continues to climb and the presidential candidates are trying to outbid one another on spending. Interest alone now tops defense spending. It can't go on like this.

Yet despite the foreboding outlook, the major presidential campaigns have no plan to deal with current structural deficits and are outbidding each other to make them worse. For them, the buck stops elsewhere. That may be good short-run politics, but it will only make the inevitable bill bigger and even harder for everyday Americans to pay.  Paul Ryan is the former Speaker of the House and a visiting fellow at the American Enterprise Institute. He is a member of the Fox Corporation Board of Directors.

Yet despite the foreboding outlook, the major presidential campaigns have no plan to deal with current structural deficits and are outbidding each other to make them worse. For them, the buck stops elsewhere. That may be good short-run politics, but it will only make the inevitable bill bigger and even harder for everyday Americans to pay.