VFW Post 5855

Location

8845 S Sprinkle Road
Portage
MI
49024

Next Event

No upcoming events

Map Unavailable

Upcoming Events

No events in this location

Congress

Bipartisan Fiscal Forum – Sidebar Widget

U.S. Deficit as % of GDP

Congress Blog · The Hill

Congress Should Adopt a 3% Deficit-to-GDP Target

Reps. Bill Huizenga (MI-4) & Scott Peters (CA-50) · March 2026

The Bipartisan Fiscal Forum is calling on Congress to adopt a 3% deficit-to-GDP target to stabilize the national debt and prevent it from growing faster than the economy. The proposal has drawn support from both the Obama administration and Treasury Secretary Scott Bessent, and aligns with the 2010 Simpson-Bowles Commission framework.

"If the U.S. doesn't cut the deficit to 3% of GDP, and soon, we risk facing an economic heart attack in the next three years." — Ray Dalio

The authors argue the target is neither too strict nor too lenient — aggressive enough to reassure markets, realistic enough to be achievable, and a meaningful first step toward a balanced budget.

Read Full Article →

Source: The Hill · Opinion / Congress Blog

Jeff Heppler	Dist 6
John Gisler	Dist 7
Wendy Mazer	Dist 8

VFW Post 5855

Bykgopadmin

Location

Next Event

Upcoming Events

By kgopadmin

Related Post

Congress

You missed

Trash Talk is Heating Up in Portage

Wanted: Candidates for Office

League of Women Voters Has It All Wrong

Kalamazoo Delegate Convention