Spartz Updates Debt Commission Proposal

Washington, DC – Today, based on discussions with Senate and House members, Rep. Victoria Spartz (IN-05) introduced another version of the fiscal commission bill, the Debt Commission Act of 2024, to move the needle on the dire 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,” 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.”

See a copy of the Fiscal Commission Act of 2023 HERE for the bipartisan bill introduced in the House last year, and legislative text for the Debt Commission Act of 2024 HERE.

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