Get access to our best features
Get Started
Subscribe
Israel-Hamas Conflict
US Immigration
Joe Biden
US Politics
Donald Trump
US Crime
Immigration
Republican Party
Democratic Party
US Social Issues
Baseball
US Economy
Hunter Biden
Get access to our best features
Get Started
Published 25 days ago

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

  • The newly elected House speaker called for a bipartisan commission to address the $34.6 trillion federal debt, emphasizing urgency due to potential consequences.
  • Despite initial support, the debt commission proposal faces significant opposition from both Democrats and Republicans, with concerns about potential cuts to Social Security benefits and tax increases.
  • The proposed legislation aims to establish a 16-member panel to recommend solutions for balancing the federal budget and enhancing the fiscal health of Medicare and Social Security.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
Associated Press NewsAssociated Press News

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges.

25 days ago·United States
Read Full Article
abc Newsabc News

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges

25 days ago·United States
Read Full Article
KRDOKRDO

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

By KEVIN FREKING Associated Press WASHINGTON (AP) — A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges. House Speaker Mike Johnson lauded the idea of establishing such a commission on his first day in office. Then, a House panel passed with bipartisan support a bill to create a 16-member “fiscal commission” — 12 from Congress and …

25 days ago·Colorado Springs, United States
Read Full Article
KIFIKIFI

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

By KEVIN FREKING Associated Press WASHINGTON (AP) — A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges. House Speaker Mike Johnson lauded the idea of establishing such a commission on his first day in office. Then, a House panel passed with bipartisan support a bill to create a 16-member “fiscal commission” — 12 from Congress and …

25 days ago·Idaho Falls, United States
Read Full Article
KVIAKVIA

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

By KEVIN FREKING Associated Press WASHINGTON (AP) — A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges. House Speaker Mike Johnson lauded the idea of establishing such a commission on his first day in office. Then, a House panel passed with bipartisan support a bill to create a 16-member “fiscal commission” — 12 from Congress and …

25 days ago·Panama City, United States
Read Full Article
National PostNational Post

America's debt tops $34 trillion, but a commission to address it appears dead in Congress

WASHINGTON (AP) -- For Mike Johnson it was effectively a Day 1 priority.

25 days ago·Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Mike JohnsonMike Johnson
EconomyEconomy
PoliticsPolitics
United StatesUnited States
US EconomyUS Economy
US PoliticsUS Politics
Trending Topics
Ground News logo
US
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal