Our bipartisan Fiscal Stability Act aims to avert a crisis.

Unknown · November 9, 2023

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Warning of fiscal 'wall' and crisis risk

Presentation

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Unidentified Speaker warned the nation faces a fiscal 'wall' that will affect interest rates and could produce a crisis if not addressed; said efforts are underway to avert that outcome.

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Speakers:Unidentified Speaker

Unidentified speaker warned that, unless lawmakers act within 10 years, Social Security benefits could be cut by about 24% and urged bipartisan cooperation, citing past bipartisan laws and saying he and 'Joe' are working with a 10-person group to address the problem.

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Transcript

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