Debt worries linger as midterms approach, but big fixes aren’t coming this year

Voters are deeply worried about the national debt ahead of the midterms, with watchdogs and a Peterson Foundation survey noting concerns over higher living costs and inflation. The poll finds 92% say debt affects their cost of living, and 95% want a candidate with a clear debt plan. But Washington is not expected to take major action before the election; lame-duck talks may yield small steps, including another debt-limit adjustment and budget reforms. The debt now tops $40 trillion, and experts say deficits influence interest rates and inflation, shaping voters’ views.