Budget & Debt

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Support Grows for Romney and Manchin’s Fiscal Stability Act

Support grew this week for the Fiscal Stability Act, bipartisan legislation introduced by Senators Romney and Manchin (D-WV) to strengthen America’s fiscal health and stabilize our nation’s finances for future generations. The Fiscal Stability Act would create a bicameral fiscal commission tasked with finding legislative solutions to stabilize and decrease our national debt, which now exceeds $33.6 trillion—more than double what it was just 10 years ago.

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Romney, Manchin Lead Colleagues in Proposing a Commission to Strengthen America’s Fiscal Health and Stabilize our Debt

Senators Romney and Manchin (D-WV) led their colleagues in introducing the Fiscal Stability Act, a bipartisan solution to strengthen America’s fiscal health and stabilize our nation’s finances for future generations. The legislation would create a bicameral fiscal commission tasked with finding legislative solutions to stabilize and decrease our national debt.

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Romney, Colleagues Introduce CRA to Overturn Biden’s Newest Student Loan Scheme

Senator Romney joined his Senate Republican colleagues, led by Senator Cassidy, M.D. (R-LA), ranking member of the Senate Health, Education, Labor and Pensions Committee, in introducing a Congressional Review Act resolution to overturn President Biden’s reckless income-driven repayment rule, which will result in a majority of bachelor’s degree student loan borrowers not having to pay back even the principal on their loans, costing taxpayers as much as $559 billion.

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