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Post by bot on Jul 2, 2017 19:24:59 GMT -5
Hoyer Statement on CBO Budget and Economic Outlook
WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the Congressional Budget Office issued their update to the Budget and Economic outlook:
“Today’s report on our nation’s fiscal and economic outlook by the Congressional Budget Office ought to raise serious alarms. With the debt held by the public projected to increase by $10 trillion over the next decade, this country must address its fiscal challenges in a smart and serious way. We need a plan. That means coming together across the aisle to pursue fiscal sustainability while still enabling our country to invest in the growth of our economy, our national defense, and the accessibility of opportunities for our people.
“By failing even to put forward a budget proposal, House Republicans are abdicating their most pressing responsibility as the Majority party. As the governing party in Congress and as the party in control of the Administration, it falls to Republicans to govern – to put forward a plan to address these fiscal challenges and put America’s finances back on track. Doing nothing is not an option.”
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