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Why the US Needs a Fiscal Commission to Help Solve the Debt Crisis

The federal government’s debt burden and interest on the debt are near record levels and headed higher, raising legitimate concerns about an eventual debt crisis. Given the increasingly dysfunctional budget process, the most viable option on the table to stave off such a crisis is a statutory bipartisan fiscal commission with buy-in from leaders of both parties.

We haven't written up this one. Tax Foundation has the full story — the link below goes straight to it.

Read the original at taxfoundation.org →

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