Congressman William Timmons (SC-04) announced his continued support as an original cosponsor of the Fiscal Commission Act, a bipartisan initiative introduced by Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA). The legislation seeks to establish a bipartisan, bicameral fiscal commission tasked with developing solutions to improve the nation's medium- and long-term fiscal health.

"Our national debt has surpassed $36 trillion, posing a significant threat to our economic stability and the well-being of future generations," said Rep. Timmons. "It's imperative that Congress confronts this issue head-on. The Fiscal Commission Act represents a critical step toward restoring fiscal responsibility and ensuring the longevity of essential programs like Medicare and Social Security."

The proposed commission would comprise 16 members, including lawmakers from both chambers and private sector experts. Its mandate is to craft comprehensive recommendations to address the nation's fiscal challenges. Importantly, the legislation requires Congress to vote on the commission's proposals without amendment, ensuring timely consideration of its findings.

Rep. Timmons emphasized the urgency of the situation: "If we fail to act now, the consequences will be dire. Interest payments on our debt are already outpacing critical expenditures, and without intervention, we risk undermining the financial security of millions of Americans."

The Fiscal Commission Act has garnered bipartisan support, reflecting a shared commitment to addressing the nation's fiscal challenges. Rep. Timmons's involvement underscores his dedication to collaborative solutions that prioritize the country's long-term economic health.