North Indy News

Washington, DC – Rep. Victoria Spartz (IN-05) has introduced a new version of the fiscal commission bill, called the Debt Commission Act of 2024. The aim of the bill is to address the dire fiscal situation facing the country before the next debt ceiling increase at the end of 2024.

In a statement, Spartz expressed her concerns about the mismanagement of the federal government's finances, stating that the fiscal problems have reached catastrophic proportions. She emphasized the need to take immediate action to avoid a major fiscal crisis that would negatively impact the lives of many Americans.

"The federal government has been mismanaging our finances for a while now, with our fiscal problems reaching catastrophic proportions," 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."

Spartz's proposal comes after discussions with Senate and House members, indicating a bipartisan effort to address the fiscal challenges facing the nation. The Debt Commission Act of 2024 builds upon the bipartisan bill introduced in the House last year, known as the Fiscal Commission Act of 2023.

To understand the specifics of the proposed legislation, interested individuals can access the text of the Fiscal Commission Act of 2023 and the Debt Commission Act of 2024 through the provided links.

With the introduction of the Debt Commission Act of 2024, Rep. Victoria Spartz aims to tackle the pressing fiscal issues facing the nation. By addressing these challenges proactively, the hope is to prevent a future fiscal crisis that could have far-reaching repercussions for the American people.

To learn more, click on this link: https://spartz.house.gov/media/press-releases/spartz-updates-debt-commission-proposal