Top Economist Says Washington Can’t Fix Its Own Debt Addiction, Calls for Constitutional ‘Debt Brake’ to Stop $40 Trillion Crisis
Economist Steve Hanke proposes a limited Constitutional Convention focused on fiscal responsibility to halt America's debt crisis.
A smart money expert says the U.S. government spends way more money than it takes in, and thinks a new constitutional rule could help stop it. When governments owe too much money, it can make stocks and the overall economy less stable, so investors pay attention to how serious this problem might become.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.