"Congressional Fiscal Commission: Tackling the Nation's Debt Crisis Head-On"
The United States is facing a looming debt crisis exacerbated by the COVID-19 pandemic and increased federal spending. Interest rates on public debt have been rising steadily since 2020, driven by persistent inflation and the need for more debt issuance. To address this crisis, a fiscal commission is needed to confront the problem head-on. Congress should prioritize reducing wasteful spending and inflationary measures, while also ensuring that taxes do not increase for American families without increasing debt. The solutions are ready, and urgent action is required to avoid a worsening debt situation.