Congress is so dysfunctional and irresponsible it’s only done its job four times since World War II

AI SUMMARY

# Congressional Gridlock Deepens Fiscal Crisis Congress's chronic dysfunction has resulted in only four complete budget cycles since 1945, while the federal deficit surged to a record $432 billion in July and total national debt crossed the $40 trillion milestone in August—conditions that typically pressure equity valuations and increase borrowing costs across markets. This legislative paralysis prevents meaningful deficit reduction or fiscal reform, potentially prolonging elevated interest rates and creating macroeconomic headwinds for corporate earnings and investor portfolios.