(The Center Square) – A bipartisan coalition of budget and financial experts have joined together to raise the alarm about the soaring federal debt and call on Congress to do something about it.
The group of experts sent a letter to House Speaker Kevin McCarthy, R‑Calif., Minority Leader Hakeem Jeffries, D‑N.Y., Senate Republican Leader Mitch McConnell, R‑Ky., and Senate Majority Leader Chuck Schumer, D‑N.Y.
“We write to encourage the establishment of a bipartisan fiscal commission to help address the nation’s many budgetary and economic challenges,” the open letter said. “Though the recent Fiscal Responsibility Act improved the nation’s fiscal outlook, the national debt continues to approach record levels, major trust funds remai …