The U.S. just hit $39 trillion in debt. Here’s the constitutional fix that Congress won’t touch

The U.S. federal debt has surpassed $39 trillion, reaching 125% of GDP, while Congress recently failed to pass a Balanced Budget Amendment aimed at curbing this rising debt. Despite a proposal inspired by Switzerland's successful fiscal measures, the amendment fell short of the necessary support, highlighting Congress's reluctance to address fiscal responsibility. With total liabilities exceeding $125 trillion and projections indicating a potential rise to 175% of GDP in 30 years, advocates are urging states to initiate a constitutional amendment process to enforce fiscal discipline, as Congress appears unlikely to act.