Economic collapse coming

President Barack Obama’s budget for fiscal year 2017 raises taxes by $3 trillion, raises the deficit from $616 billion to $1.4 trillion, and causes the debt to soar from $14 trillion this year to $24 trillion by 2026, according to Chris Edwards of the CATO Institute.

I’m not hearing any of the presidential contenders talking about out-of-control federal spending. This is my No. 1 worry with the bloated and growing federal government and wish Americans would realize that we are heading toward a Greek-like financial collapse.

This story was originally published February 12, 2016 at 6:00 PM with the headline "Economic collapse coming."