Take yer pick (more than one answer may be correct).
A. The United States will default on its debt.
B. Congress will raise taxes to pay the debt.
C. The Fed will hyperinflate its way out of the problem. Pay the debt with worthless paper.
Notice there is no “cut spending” option. Even Trump didn’t care about the deficit. So the wild spending will continue no matter who wins in November.
My fearless prediction: B, then C.
C is the usual government solution.
c