Spartz
Based on discussions with members of the U.S. Senate and the U.S. House, Rep. Victoria Spartz (R-Ind.-05) introduced on Tuesday another version of the fiscal commission bill, the Debt Commission Act of 2024, to move the needle on the country’s fiscal situation before the next debt ceiling increase at the end of 2024.
“The federal government has been mismanaging our finances for a while now, with our fiscal problems reaching catastrophic proportions,” Rep. Spartz said. “We either start now and put some thought into how we get out of this situation with the least amount of pain or have a major fiscal crisis in a few years drastically affecting the lives of many Americans.”
Click here to see a copy of the Fiscal Commission Act of 2023, and click here to read the legislative text for the Debt Commission Act of 2024.