Debt Commission Progress ‘Positive Step’ Toward Tackling $34 Trillion National Debt

‘We are all in this boat together. The boat is sinking’
Debt Commission Progress ‘Positive Step’ Toward Tackling $34 Trillion National Debt
The National Debt Clock in Washington, on Nov. 13, 2023. Madalina Vasiliu/The Epoch Times
Andrew Moran
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Congress is moving closer to establishing a bipartisan commission to tackle the ballooning $34 trillion national debt.

The Republican-led House Budget Committee voted 22–12 to create a 16-member commission and submit fiscal policy recommendations. The panel would consist of six Republican and six Democratic lawmakers, as well as four outside experts without any voting power.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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