Can a New Homestead Act Solve Debt Question?

Last week, President Donald Trump released his full budget request, outlining priorities for this year and the subsequent decade. He forecasts that by 2027, assuming a 3 percent GDP growth rate, the budget would be balanced and the debt in the hands of the public (about 30 percent is held by federal entities) would be pushed below 60 percent. Balancing the federal budget and reducing debt is a formidable task, to say the least. The debt-to-GDP ratio is now at the highest level in the nation's history, and it is projected to rise even higher. The federal government faces major headwinds against effort