Chris Van Hollen

One quarter of the total accumulated national debt was incurred during the 4 years of the Trump Administration.

Where the money is in uncollected taxes is in very wealthy, wealthy folks who are not paying their taxes on time, right?

The President's budget reduces the deficit over the next 10 years by $3 trillion relative to if we did nothing.

I look forward to doing that and hopefully we can get it passed on a bipartisan basis and support accountability in the system.

I think your testimony underscored the depth and breadth of the responsibilities of the Department of Treasury.

The tax increases proposed in the President's budget would make American businesses less competitive.

Combating inflation remains a priority for me.

The problem with more government spending is it just redistributes private resources from one group to another.

I have reintroduced my Snoop Act, which would strike the Biden Administration's requirement that third party platforms report businesses gross transaction volumes.

There is one area where I think we can agree, I hope we can agree to move forward now on the issue of accountability.

Making sure that folks who, especially very wealthy folks pay their taxes on time is important.

The first act of the House under new leadership of Speaker McCarthy when they repealed the Inflation Reduction Act, according to CBO, that would increase the deficit relative to where we are today by $114 billion, right?

We need to make sure our allies and partners are on board.

What are we prepared to do? What is the Biden administration prepared to do if you see continuing violations, by either side, of this agreement?

We are asking you to take a look at that when you do that.

I really hope, Madam Secretary, that we won't do that. I do welcome a vigorous debate with my colleagues on the budget issues.

During the 4 years of the Trump Administration, Congress passed the debt ceiling increase three times without a lot of drama.

We are on an unsustainable path for which the bill will ultimately come due.

I give you and the Biden Administration, the FDIC, and others, high marks for the way you responded quickly and decisively to the Silicon Valley Bank default.

The United States of America pays its bills on time.

The friendship knows no limits.

It requires resources, yes, but it also requires a political commitment from the Federal Government and EPA.

I am also pleased with the current proposed settlement to the lawsuit that was brought to ensure enforcement of the goals to clean up the Bay.

I just want your assurance today that those remain principles that you are committed to.

It is vital that we re-establish aggressive pollution reduction targets, and dates.