Grim $40 trillion debt milestone raises questions about fiscal commission

Published Aug 31, 2026 • 10:00 AM

The growth of the national debt beyond the $40 trillion mark and the increase in yields on long-term Treasuries have reignited talks of a bipartisan fiscal commission. Fiscal hawks are urging action. In addition to the towering $40 trillion debt and higher interest costs, the trust funds for Social Security and Medicare face exhaustion in […]

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