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.

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.

Helping the wealthy avoid taxes is such an infatuation that House Republicans even brought the United States to the brink of default trying to prevent the IRS from cracking down on wealthy tax cheats.

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.

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...

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.

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.

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

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