{"id":2654440,"date":"2026-09-04T05:25:02","date_gmt":"2026-09-04T09:25:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-reckon-with-possibility-of-bipartisan-fiscal-commission\/"},"modified":"2026-09-04T05:28:28","modified_gmt":"2026-09-04T09:28:28","slug":"republicans-reckon-with-possibility-of-bipartisan-fiscal-commission","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-reckon-with-possibility-of-bipartisan-fiscal-commission\/","title":{"rendered":"Republicans reckon with possibility of bipartisan fiscal commission"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublicans-reckon-with-possibility-of-bipartisan-fiscal-commission%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2654440&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Republican lawmakers are generally open to establishing a bipartisan fiscal commission to address the U.S. government&#8217;s growing debt and deficits, which recently surpassed $40 trillion. Opinions vary on the details and tough decisions involved. The idea has gained traction,and the House Budget Commitee plans to hold a hearing to explore creating such a commission,citing historical examples like the 1983 Social Security reform and the Simpson-Bowles Commission. Supporters argue a commission could foster bipartisan cooperation and expert input to develop a long-term plan for fiscal stability. Public concern is increasing, especially as bond yields climb, raising fears about <a href=\"https:\/\/amzn.to\/3YuVZYV\" >rising interest costs affecting families<\/a> and the economy. Some lawmakers emphasize the importance of public pressure to prompt action and highlight that voters are somewhat aware of the issue but less concerned about the debt than immediate economic concerns like prices. Past commissions have had mixed success,but some experts believe early action is preferable to last-minute measures. Skeptics argue that the solution is straightforward-reducing spending-and question whether a formal commission would effectively address deep structural challenges like entitlement reform.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">Republican lawmakers are largely open to the idea of some sort of bipartisan fiscal commission to address the federal government\u2019s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/debt\/\" data-type=\"post_tag\" data-id=\"1770\">debt<\/a> and deficits, although they have varying opinions about what exactly that would look like and what hard decisions might need to be made.<\/p>\n<p class=\"wp-block-paragraph\">Last month, the national debt hit $40 trillion, a milestone that drew attention to the government\u2019s precarious fiscal footing. Some experts think a bipartisan fiscal commission would be the best way to fix the problem, and this week, the <em>Washington Examiner<\/em> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4710772\/budget-committee-weigh-fiscal-commission-wrangle-40-trillion-debt\/\">reported<\/a> that the House Budget Committee will be holding a full hearing to look into such a commission.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4712747\/republicans-reckon-possibility-bipartisan-fiscal-commission-close-deficits\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Republicans reckon with possibility of bipartisan fiscal commission to close deficits<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4711394\/howard-lutnick-canada-liberals-blew-trade-deal\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Lutnick says Canadian Liberals blew up trade deal \u2018to get themselves elected\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4711015\/us-mint-trump-commemorative-coin-sold-out\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>US Mint\u2019s $1 Trump commemorative coins sell out within hours<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4704848\/40-trillion-debt-milestone-raises-questions-fiscal-commission-financial-crisis\/\"><strong>GRIM $40 TRILLION DEBT MILESTONE RAISES QUESTIONS ABOUT FISCAL COMMISSION<\/strong><\/a><\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">In addition to being long pushed by fiscal hawks and balanced budget evangelists, the idea of a commission is a popular one with many Republicans on Capitol Hill.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI\u2019ve been a supporter of a fiscal commission for a long time,\u201d Rep. Bryan Steil (R-WI) told the <em>Washington Examiner<\/em>. \u201cAnd I think we need to ultimately have the adult conversation with the American people and bring a resolution to the floor and address it.\u201d<\/p>\n<p class=\"wp-block-paragraph\">House Budget Committee Chairman Jodey Arrington (R-TX) said this month\u2019s hearing will be on \u201chow we create this mechanism\u201d to address the fiscal situation, noting that Congress has experience creating bipartisan commissions. He specifically mentioned the Base Realignment and Closure, or BRAC, commission, and the 1983 National Commission on Social Security Reform. He also referenced the 2010 National Commission on Fiscal Responsibility and Reform, known as the Simpson-Bowles Commission.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">\u201cBasically, a way to get thoughtful people, thoughtful policymakers, on both sides and outside experts and leaders in the business community, economics, so that we can all work on a long-term plan to deal with the structural deficits, the structural imbalances, in our budgets,\u201d Arrington told the <em>Washington Examiner<\/em>.<\/p>\n<p class=\"wp-block-paragraph\">Rep. Darin LaHood (R-IL), a member of the tax-writing Ways and Means Committee, said voters should encourage lawmakers to act. He also said any solution should be a bipartisan one.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe need downward pressure on elected officials to address the debt,\u201d he told the <em>Washington Examiner<\/em>. \u201cAnd so, yes, I support a commission. I support more attention on the debt. I support looking at bipartisan solutions to address it.\u201d<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">And public pressure is crucial for any sort of fiscal commission to succeed. That is because, in the absence of pressure from constituents, members might shy away from making tough decisions on the debt.<\/p>\n<p class=\"wp-block-paragraph\">Some lawmakers said they are starting to hear more about the issue while campaigning back home.<\/p>\n<p class=\"wp-block-paragraph\">Rep. Nathaniel Moran (R-TX) said problems with the debt have been a point of conversation in his district for some time, but recent changes in the bond market have sparked new concerns.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-4\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-4\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-25\" data-wex-ad=\"art-dsk-inart-4\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">After debt hit the $40 trillion mark, yields on 30-year Treasurys pushed to levels not seen in some two decades. The benchmark 10-year yield also pushed closer to 5% earlier this week.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI\u2019ve just begun to hear from constituents about the yield issue just in the last week or so, but have consistently heard from them over the last two years about the debt and deficit issue,\u201d Moran told the <em>Washington Examiner<\/em>.<\/p>\n<p class=\"wp-block-paragraph\">Higher interest rates raise costs for families.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-5\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-5\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-26\" data-wex-ad=\"art-dsk-inart-5\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">\u201cMortgages, car loans, credit card debt, small-business loans \u2014 these interest rates affect everything,\u201d former Georgia Democratic Rep. Carolyn Bourdeaux (D-GA), who is now the executive director of the Concord Coalition, which focuses on balancing the budget, told the <em>Washington Examiner<\/em>.<\/p>\n<p class=\"wp-block-paragraph\">Rep. Greg Murphy (R-NC), another member of the Ways and Means Committee, said he is \u201cabsolutely\u201d hearing from constituents on the debt and related matters.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI\u2019m terrified of it myself,\u201d Murphy told the <em>Washington Examiner<\/em> on the steps outside of the Capitol. \u201cWe have a math problem in the country that we have a growing, aging population, and we have fewer and fewer people paying into the system. And so, the day of reckoning is coming, and there are a lot of different things that are going to have to happen to avert this.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Steil said some constituents have expressed concerns about debt and deficits.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI mean, people are aware and concerned of it, I don\u2019t know that everybody is aware and concerned of the significance of the challenges that we face,\u201d he said. \u201cAnd one of the big concerns is that the debt markets force action rather than us acting proactively.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Still, while there are some economic tie-ins to inflation and affordability, most voters are far more concerned about prices than they are about the national debt or the bond market. LaHood said people should be more concerned than they are.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe\u2019re at an existential point in terms of where our debt is at,\u201d LaHood said. \u201cThe scary part is you do polling, and you ask the American people the top 10 issues, debt and deficit isn\u2019t in the top 10.\u201d<\/p>\n<p class=\"wp-block-paragraph\">That is where a fiscal commission comes in, according to experts. They say a commission could help with public education and outreach.<\/p>\n<p class=\"wp-block-paragraph\">Past commissions have had mixed results. One success that some point to is the Greenspan Commission, which helped stabilize Social Security. House Financial Services Committee Chairman French Hill (R-AR) also mentioned that commission when asked his thoughts on the matter.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI\u2019ve always supported for years a balanced budget amendment to the Constitution,\u201d Hill told the <em>Washington Examiner<\/em>. \u201cI\u2019ve always supported a bipartisan approach that can be used to resolve some of the mandatory spending challenges. That was successfully done in 1983 in the Greenspan Social Security Commission.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Still, the Greenspan Commission wasn\u2019t organized years in advance of key deadlines and was convened at the last minute after estimates indicated that the Old-Age and Survivors Insurance Trust Fund would soon run out of money.<\/p>\n<p class=\"wp-block-paragraph\">Hill said a similar situation could play out this time around.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI always think it\u2019s better to act sooner rather than at the last minute, but Congress, over 200 years, has tended to wait towards where there\u2019s a real significant motivating demand signal,\u201d Hill said.<\/p>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4708557\/congress-cut-taxes-capital-gains-houses-midterm-elections\/\"><strong>COULD CONGRESS CUT TAXES ON CAPITAL GAINS ON HOUSES BEFORE THE MIDTERM ELECTIONS?<\/strong><\/a><\/p>\n<p class=\"wp-block-paragraph\">While many support a fiscal commission, some are skeptical that one would actually prove effective at tackling the tough issues like entitlement reform.<\/p>\n<p class=\"wp-block-paragraph\">\u201cDo we really need to study the problem?\u201d Rep. Eric Burlison (R-MO), a member of the Freedom Caucus and fiscal hawk, told the <em>Washington Examiner<\/em>. \u201cI think it\u2019s a clear math problem. It\u2019s not a Republican problem or Democrat problem. It\u2019s a math problem. So we all know what we need to do, and that\u2019s reduce spending.\u201d<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GOP open to bipartisan debt commission amid $40T milestone<\/p>\n","protected":false},"author":3360,"featured_media":2654441,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/printing-money-spending.webp?w=661","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[5118,40789,38510,48375,39203],"class_list":["post-2654440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bipartisanship","tag-economic-reform","tag-fiscal-policy","tag-government-debt","tag-republican-politics"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/printing-money-spending.webp?w=661","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2654440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3360"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2654440"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2654440\/revisions"}],"predecessor-version":[{"id":2654444,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2654440\/revisions\/2654444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2654441"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2654440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2654440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2654440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}