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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Top Economist Says Washington Can’t Fix Its Own Debt Addiction, Calls for Constitutional ‘Debt Brake’ to Stop $40 Trillion Crisis

Protester Injured During Ejection

Johns Hopkins economist Steve Hanke says Washington cannot discipline its own borrowing and argues that only a limited Article V Constitutional Convention focused on fiscal responsibility can halt America’s debt buildup by allowing states to propose a binding "debt brake" amendment.

Hanke Pushes Constitutional Fix for Debt Crisis

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