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Fiscal Stability Act

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politics2 years ago

"Romney and Manchin Propose Commission to Tackle US National Debt Crisis"

Senators Mitt Romney and Joe Manchin have introduced the Fiscal Stability Act, a bipartisan solution to address America's growing national debt. The legislation proposes the creation of a bicameral fiscal commission tasked with finding legislative solutions to stabilize and decrease the national debt, which currently exceeds $33.6 trillion. The bill has garnered support from several senators across party lines and is a companion to the House's bipartisan Fiscal Commission Act. The proposed commission aims to identify comprehensive solutions to bring the nation back to a sustainable fiscal outlook and protect future generations from the burden of debt.