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Economists Warn U.S. Debt Crisis Requires Bold Reforms

3/25/2026

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Story summary
  • The national debt is $39 trillion, prompting economists to warn that proposed solutions may fall short.
  • Congressional Republicans label borrowing as unsustainable.
  • They call for a bipartisan fiscal commission and a constitutional amendment for a balanced budget.
  • Critics say past fiscal commissions have failed to produce meaningful change.
  • Experts suggest that without significant reforms the U.S. debt trajectory remains unsustainable, necessitating difficult decisions on taxes and spending.