Mike Cloud

We are trying to build a multipolar world.

Thank you, and welcome. I am new to the committee, so it is great to be here with you.

Just because we raise the budget doesn't make immediately there to be more firefighters.

I have been here in D.C. long enough to know some of that is a little self-dealing that is going on politically.

I will just say I am coming to this conversation, this is my first hearing

I thank the gentleman from Arizona for his efforts to always pull the curtain back on the games and gimmicks that Washington plays sometimes and to bring creative ideas to the table on how to fix things. I appreciate it, and I thank him…

Yes, it has been regular practice with CBO. I have been working to get this done for the CBO as well since I got here in Congress. It is the common practice among all of the entities that we look to for wisdom and advice and guidance on…

I once again point out that we spend approximately $600 billion a year in interest payments, yet we do not count the cost of what the debt servicing will cost in anything we do. Now, that is, in short order, expected to eclipse our…

I would just add, it may not change what we are doing, but it would change the knowledge of what we are doing here in Congress. The fact that we continue to spend money without even knowing how much money we are spending, I think, is a…

The information that we get to take into account, like when we are evaluating a bill and what we think the 10-year projected cost is, yes, typically it does not include the debt servicing cost.

I have an amendment at the desk. The CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 2, line 14, insert after the period the following: ``Any statement prepared under this subsection shall…

What we are trying to do is make sure that the debt servicing cost is included into these studies we are getting. I have a bill, for example, to eventually do it with the Congressional Budget Office. We would like to see that, as well…

The intent of the REIN IN Act is to ensure that the executive branch is taking into account inflation in our country before they issue new regulations. Our country has seen rising inflation over the last 2 years, and inflation is affecting…

I thank Mr. Buck for his leadership on this and thank him for bringing us together for this important conversation. The First Amendment recognizes what we understand to be a God-given right, the right to freedom of speech and the right to…

Friday, thousands of Americans participated in the March for Life in support of the most vulnerable in our society who have no voice: the preborn. Today, we continue to recognize the dignity of every individual and fight for the most…

We are going to miss Mr. Gohmert, my fellow Texan and House colleague. It has been an honor to get to know you and now to be able to call you a friend. I will definitely miss Louie Gohmert hour at the end of every week. We will miss the…

Our founding documents guarantee us the right to life, liberty, and the pursuit of happiness.

as far as the end of democracy, it returned the issues to the states where people can actually vote on it

Families are suffering because of the policies of this administration.

President Biden's flippant attitude toward the American people's suffering has been unacceptable.

I'm concerned that this hearing may be another effort to shift blame from the policies of this administration and the reckless spending of this Congress.

This is, of course, extremely difficult for the vast majority of Americans, but especially for those in low-income and those on a fixed income whose dollar doesn't make it through the month anymore.

The solution that's being presented today is more government intervention, which intervention by the government has only, in the past, worked to create.

I'm thankful that we're having a hearing today on inflation.

We have a lot of work to do to return our economy to a thriving economy where families can flourish in all demographics.