Bipartisan commission on US debt stalls in Congress due to opposition from both parties.
The proposed bipartisan commission aimed at tackling the US federal government's $34.6 trillion debt has stalled in Congress due to opposition from both Democrats and Republicans. Democrats fear potential cuts to Social Security benefits, while Republicans worry about tax increases. As a result, the commission's future is uncertain, with many lawmakers opting to defer the issue to future Congresses.
May 11, 2024
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