FIX FEDERAL DEBT FOREVER

NY Harbor from Brooklyn Heights This Substack post was not on the schedule. It is being published today and will not interfere with the continuation of the federal debt series of about ten articles. Please spend eight minutes on this video by the WSJ. It does an amazing job of providing an overview of the federal fiscal crisis. Use the link below. https://www.wsj.com/video/series/news-explainers/when-does-the-national-debt-become-genuinely-bad/EDACA508-4D17-48F0-84C5-51B2ABD5

The Relentless Federal Debt Growth is Perilous Problem Statement The federal debt has grown dramatically since the Great Recession of 2008, reached harmful levels, requires a comprehensive and sustainable array of solutions, but still is not receiving serious attention from our government. Objective For the Congress and Executive Branch to elevate the creation and implementation of responsible and permanent fiscal policies to the highest priority. Definitions Federal Debt is

Relinquishment of Powers by Congress Please let me remind you of eight important powers of Congress mentioned in my previous post. SPECIFIC CONGRESSIONAL POWERS (RESPONSIBILITIES) Article I, Section 8 of the Constitution · To Lay and collect Taxes, Imposts and Excises, to pay Debts… · Provide for the common Defence… · To borrow money on the credit of the United States… · To regulate Commerce with foreign Nations… · To establish a uniform Rule of natura