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Cato InstituteMar 23, 2026Think Tank

Congress Knows It Has a Spending Problem, But Won’t Fix It

Senator Ron Johnson criticized both parties for failing to address the debt, calling the fiscal debate a performance.

Congress Knows It Has a Spending Problem, But Won’t Fix It
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tl;dr

A recent Senate hearing highlighted the urgent US debt crisis, where both parties acknowledge unsustainable spending on entitlements like Social Security and Medicare but lack the political will to enact reforms or spending cuts.

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Ron JohnsonR-Wisconsin
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