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Debt Crisis Threatens Security, Urges Reform Amid Military Costs

3/14/2026

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Summary

Story summary

Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), warns debt threatens national security amid U.S. and Israeli actions against Iran.
She urges congressional fiscal restraint and immediate reforms to Social Security and healthcare as emergency funding approaches, potentially reaching $50 billion.
Senator Elizabeth Warren proposes halting military actions to save costs and lives.
During a Senate Finance subcommittee hearing, lawmakers project the deficit to reach $3.1 trillion by 2036.

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Story summary

Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), warns debt threatens national security amid U.S. and Israeli actions against Iran.
She urges congressional fiscal restraint and immediate reforms to Social Security and healthcare as emergency funding approaches, potentially reaching $50 billion.
Senator Elizabeth Warren proposes halting military actions to save costs and lives.
During a Senate Finance subcommittee hearing, lawmakers project the deficit to reach $3.1 trillion by 2036.