On the recordFebruary 26, 2019
When the gentleman from Texas talks about the crowd-out effect, that is what we see as one of the threats to our national security. When you look at the spending that is being bloated and plussed-up and increased, the ramifications of borrowing more and more money for an insatiable appetite to spend the Federal revenues and beyond to the tune of almost a trillion dollars a year--and it will continue to rise, make no mistake about that, unless we do something--it will ultimately crowd out spending for things like the military, spending for things like transportation and infrastructure, spending for any discretionary item. We are on that fast track today, so I appreciate my friend from Texas talking and discussing the crowd-out and the impacts on our future and our future generations. Madam Speaker, it is my privilege to yield to the gentleman from Texas (Mr. Williams).
Source
govinfo.gov




