AXIOS (Neil Irwin) - Washington ignores America's fiscal cliff
The United States faces a dire and unsustainable fiscal outlook . You'd never know it from the action in Washington. - Across parties and policy areas, you'd never guess that the U.S. faces fiscal constraints created by its high-and-rising public debt, ballooning deficits without precedent in times of prosperity, and a looming entitlement spending crisis when the Social Security trust fund runs out. State of play: Consider, instead, recent policy developments that will meaningfully affect the fiscal picture for the worse. - The Trump administration is seeking $200 billion to fund the Iran war and replenish depleted weaponry. - The Supreme Court struck down the administration's use of emergency authority to impose tariffs, and legal…