1. United States
2. N.D.
3. Letter

The economy is in a perilous state due to the administration's reckless policies, particularly the haphazard implementation of widespread tariffs. Investors have fled from U.S. securities and the dollar, causing its value to plummet nearly 10% since the inauguration. This decline erodes Americans' purchasing power abroad and could drive up inflation on imported goods. The stock market has been rocked, with bond yields spiking and forecasters warning of an impending recession that could force the Federal Reserve to cut interest rates. This turmoil stems from a profound lack of transparency, competence, and well-reasoned policymaking from the White House. To safeguard the nation's economic stability, Congress must reassert its constitutional authority over federal spending and revenue. Unchecked executive overreach has proven disastrous, necessitating legislative intervention to rein in this administration's destructive fiscal agenda.