Congress Ignores Root Causes of National Debt Crisis
Hoyer: We Do Not Recognize the Real Problems of Why We Are So Deeply in Debt
WASHINGTON, DC – Today, Congressman Steny H. Hoyer (MD-05), Ranking Member of the Financial Services and General Government (FSGG) Appropriations Subcommittee, delivered remarks on the House Floor during debate on H. J. RES. 139, Proposing an amendment to the Constitution of the United States requiring a balanced budget for the Federal Government. Below are a video and transcript of his remarks:
Congressman Steny Hoyer argues that lawmakers fail to address fundamental reasons for America's deep deficit spending during House floor debate on a balanced budget amendment. Hoyer, ranking member of the Financial Services and General Government Appropriations Subcommittee, contends that constitutional amendments won't solve debt without tackling underlying issues. His remarks highlight disagreement over fiscal policy approaches in Congress.
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