Growing Support for Special Commission to Address the $34 Trillion in U.S. Debt

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Growing support in Washington for a commission to address the U.S.’s $34 trillion debt faces skepticism amid congressional divisions. The proposed fiscal commission would explore debt reduction, but its effectiveness is uncertain, echoing past efforts like the 2010 Simpson-Bowles commission. Key lawmakers question the proposal’s feasibility, citing political disagreements, especially regarding spending cuts and revenue. Despite these doubts, public surveys show strong bipartisan support for the commission, aimed at finding long-term fiscal solutions and addressing mandatory spending programs.