Bipartisan Group Urges Congress to Target 3 Percent Deficit Ratio

The Bipartisan Fiscal Forum is calling on Congress to adopt a 3 percent deficit-to-GDP target to stabilize the national debt and ensure long-term economic health. This proposal aims to curb excessive government spending and restore fiscal discipline to the federal budget. Achieving this target would require significant policy shifts and could impact interest rates and future borrowing capacity for the United States.