‘Completely Unsustainable’: Lawmakers Debate Path Forward for National Debt Crisis

By Thérèse Boudreaux | The Center Square (Worthy News) – Institutional reforms, updated procedures, and even Constitutional amendments may be necessary to avoid a complete fiscal crisis in America, according to testimony presented Wednesday before the U.S. House Committee on the Budget. Rising debt and deficits threaten not only economic growth and income levels, but also increase the risk of a severe U.S. fiscal crisis if investors lose faith in the government’s ability to service its deb