By Lubbock Times |
Nov 29, 2023
WASHINGTON, D.C. - Chairman Jodey Arrington (R-TX) delivered opening remarks at the House Budget Committee's hearing on fiscal commission legislative proposals. In his statement, Chairman Arrington emphasized the urgent need to address the nation's runaway deficit spending and unsustainable national debt, which pose significant threats to the economy, national security, and America's global leadership.Chairman Arrington highlighted the alarming statistics surrounding the magnitude and explosive growth of the nation's indebtedness. He pointed out that the debt-to-GDP ratio...