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$40 Trillion Debt Puts Fiscal Commission Back in Congressional Spotlight
Witnesses urged Congress to consider a bipartisan deficit panel as interest costs climb and the government adds $1 trillion to debt every five months.
- House Budget Committee members met in Dallas to discuss creating a bipartisan fiscal commission focused on the national debt and budget issues.
- Jodey Arrington said the national debt recently exceeded $40 trillion, while interest costs continue to rise.
- Representatives Bill Huizenga and Scott Peters proposed legislation to establish the bipartisan commission.
- The hearing generally supported forming the commission as a way to address the nation’s fiscal challenges.
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16 Articles
16 Articles
The Guam Daily Post+13 Reposted by 13 other sources
$40 trillion debt puts fiscal commission back in congressional spotlight
(The Center Square) – Members of the House Budget Committee convened offsite Monday in Dallas, Texas, to discuss the possibility of a bipartisan fiscal commission that would focus on addressing the national debt and budget issues.
Coverage Details
Total News Sources16
Leaning Left3Leaning Right3Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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