In Trump’s Washington, ballooning national debt stirs little action

New York Times: The bond markets were not so sanguine, as a sell-off indicated, but the relative indifference in the nation’s capital demonstrated how drastically the politics of deficit spending has changed in recent years. For generations, the nation’s fiscal imbalance was a constant preoccupation of presidents and members of Congress, a defining issue that shaped the rest of their agendas. Now it seems to be barely an afterthought as Washington borrows heavily to finance tax cuts and spending programs…