This issue transcends election year politics. The national debt keeps expanding under each administration. The rate varies a bit, but overall, it's faster and faster no matter which party is sitting in the Oval Office or controlling one or both houses of Congress.this is election year and rhetoric is ok on openly politically biased websites, not on this one.
It comes down to the basic problem that politicians figured out that they can keep voters happy by spending more than is collected in tax revenues. It won't matter who wins which election when the interest payments on the debt become too great. Both parties blame the other, but they've marched hand in hand throughout decades building this debt and passing it on.
The final consequences of this policy of borrowing and spending could easily make the Great Depression seem like a small inconvenience.