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.

Former World Bank President David Malpass sat down with David Bahnsen, the Bahnsen Group's founder, to discuss the tension between domestic and international interests in how the U.S. federal government manages its debt.

View the entire conference on our YouTube page:

/ @coolidgefoundation

To learn more about President Coolidge, visit our website: [ Ссылка ]

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