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The Treasury just declared the U.S. insolvent. The media missed it | Fortune (Commentary)
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mesa piefed.social mesamunefire@piefed.social
Joined: 2024-12-27
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TheTechnician27 lemmy.world TheTechnician27@lemmy.world
Joined: 2024-07-25
#2 · (edited) Quote Reply

Opinion piece full of pseudo-accounting whose proposed solution is far-right austerity:

First, Congress should pass the bipartisan H.R. 3289 — Fiscal Commission Act, sponsored by Rep. Bill Huizenga (R-MI), Rep. Scott Peters (D-CA), and 41 co-sponsors. Such a commission would force a public reckoning with the facts, the trade-offs, and the hard choices that restoring fiscal health requires.

Second, Congress should call an Article V Convention limited to proposing a fiscal responsibility amendment to the U.S. Constitution. H.Con.Res. 15, sponsored by Rep. Jodey Arrington (R-TX), would do exactly that.

This opinion is calling for writing a Texas Republican's definition of "fiscal responsibility" – a man who cited Thessalonians 3:10 for cutting SNAP benefits – into the US Constitution.

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Zachariah lemmy.world Zachariah@lemmy.world
Joined: 2023-06-13
#3 · (edited) Quote Reply

Opinion piece full of pseudo-accounting whose proposed solution is far-right austerity: First, Congress should pass the bipartisan H.R. 3289 — Fiscal Commission Act, sponsored by Rep. Bill Huizenga (R-MI), Rep. Scott Peters (D-CA), and 41 co-sponsors. Such a commission would force a public reckoning with the facts, the trade-offs, and the hard choices that restoring fiscal health requires. Seco...

The Treasury just declared the U.S. insolvent. The media missed it

— Fortune (i.e., the media)

Didn’t read it (thank you for your service), but this alone made it seem fishy.

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