America's Debt Crisis: An Interview with Congresswoman Virginia Foxx

Today both the federal budget and total federal debt have reached unimaginable levels. Widening deficits have become the rule. As we enter 2024, many believe it nearly impossible to resolve our fiscal crisis.
Yet, America has overcome fiscal crises before. The United States endured painful public debt challenges from its infancy. Under President Warren Harding and, especially, President Calvin Coolidge, responsible fiscal policy enabled our country to narrow debt to reasonable proportions and balance the budget many years in a row.
Led by Coolidge Foundation Coffin Family Fellow Dr. William Beach, America in Debt assembled leading minds at a national conference at the Library of Congress on March 7, 2024.
Representative Foxx joined us for this special interview after her remarks at the conference to reflect further on the depth of our fiscal crisis.
View the entire conference on our RUclips page:
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