Shaheen Helps Introduce Bipartisan Fiscal Commission Act

"Our soaring federal debt already adds more than $1,000 to the cost of a typical mortgage-and for the first time, federal interest payments are expected to reach $1 trillion this year, making it our nation's third largest expense. To ensure America lives up to its promise for generations to come, Congress must do more to address our country's climbing debt," said Senator Shaheen. "Our commonsense legislation establishes a bipartisan commission to generate practical solutions that will help reduce our deficits and return us to a sustainable path that advances opportunities for all Americans to get ahead."