On the recordFebruary 1, 2017
we do not have a complete record of financial information because we do not allow for all of our debts to be added up
Source
congress.govwe do not have a complete record of financial information because we do not allow for all of our debts to be added up
Criticizing the lack of comprehensive financial records for decision-making.
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More from James Renacci
If you cut 25 percent, you would basically have to gut our military and gut every bit of discretionary spending, because the 70 percent is on autopilot.
I think that is the starting point that I hope at some point this committee can get to, having a good solid budget that then we live with.
Our spending is out of control; our debt is out of control, and we have 70 percent of our spending, which is on autopilot.