
Democrats have always pledged to protect and preserve Social Security and Medicare.
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Democrats have always pledged to protect and preserve Social Security and Medicare.

the prospect of that creating a shock to the economy along the lines of the 2008 shock or worse, have been repeatedly raised in this Committee.

Indeed, CBO found that actual and projected federal health spending over the 2010 to 2033 period was $6.3 trillion, $6.3 trillion lower than predicted, which I attribute to improving quality, and moving to value-based care.

the growth in healthcare spending has been one of the primary drivers on the spending side.

Democrats have always pledged to protect and preserve Social Security and Medicare.

Yes. And then here's defense discretionary spending, and then this is non-defense discretionary spending, which as you can see has been fairly constant over all of those years.

My Republican colleagues complain that I, and my Democratic colleagues, aren't concerned about our nation's fiscal situation...

CBO's long-term budget projections back in 2012 were the last time that CBO showed debt declining as a share of GDP.

So, let me just to put this into context, take a look at this graphic here, which shows from 1994 to 2054, how revenue and spending have worked.

My Republican colleagues complain that I, and my Democratic colleagues, aren't concerned about our nation's fiscal situation...

Indeed, CBO found that actual and projected federal health spending over the 2010 to 2033 period was $6.3 trillion, $6.3 trillion lower than predicted, which I attribute to improving quality, and moving to value-based care.

CBO about 2 months ago released new estimates that project that an extension of the 2017 Trump tax cuts would add $4.6 trillion to the debt over 10 years.

Do we really want to leave Ukraine high and dry to the tender mercies of the pediatric hospital bombing monster Putin? I kind of doubt it.

Do we really want to leave Ukraine high and dry to the tender mercies of the pediatric hospital bombing monster Putin? I kind of doubt it.

CBO's long-term budget projections back in 2012 were the last time that CBO showed debt declining as a share of GDP.

Democrats have always pledged to protect and preserve Social Security and Medicare.

Your mention of can we agree to a debt to GDP level provokes me to remember my work with Chairman Enzi to find a safe debt to GDP level, a glide slope to get there, and guardrails to assure that we're not cheating on it, and I think that…

the prospect of that creating a shock to the economy along the lines of the 2008 shock or worse, have been repeatedly raised in this Committee