Congressman Issues Warning, Says US Is on ‘Precarious Path Toward Fiscal Insolvency’ As Federal Debt Explodes by $535,490,732,000 in Six Weeks

Republican Congressman David Schweikert of Arizona is warning about a potential US insolvency as the federal debt balloons. In a new letter, Joint Economic Committee (JEC) Chairman Schweikert says that the rising debt-to-GDP ratio is a massive threat to the country’s economic security. source: https://dailyhodl.com/2025/09/19/congressman-issues-warning-says-us-is-on-precarious-path-toward-fiscal-insolvency-as-federal-debt-explodes-by-535490732000-in-six-weeks/