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precipice

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Business and Economy

The Looming Fiscal Precipice: Why Washington’s ‘Debt Bomb’ Requires a Constitutional Solution

Nana Wu By Nana Wu
Comments Off on The Looming Fiscal Precipice: Why Washington’s ‘Debt Bomb’ Requires a Constitutional Solution
July 15, 2026
6 Min Read

By [Your Name/Journalist Name] The United States is currently navigating uncharted fiscal waters, facing a debt crisis that threatens to undermine the foundational stability of the American economy. As of late 2024, U.S. debt held by the public has…