Published Aug 20, 2026, 7:23 PM ET · Updated 3 months ago · 1 source

National debt poses a 'fiscal cliff' requiring bipartisan action

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Original Report

The national debt, which has reached $40 trillion, is a 'fiscal cliff' that poses a significant threat to the nation's future, necessitating bipartisan collaboration to implement spending cuts and reform entitlement programs to avoid a crisis.