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Testimony on the Current Economic Situation Cbo  Form

Testimony on the Current Economic Situation Cbo Form

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e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e e uh hearing of the Senate budget committee we come to order I'm pleased that we are joined by director swagel today to discuss the uh Federal government's fiscal trajectory my Republican colleagues complain that I and my Democratic colleagues are unconcerned about our n nation's fiscal situation because they can't acknowledge the well-documented fiscal dangers of climate Havoc and they won't fix our corrupted tax system to require billionaires and mega corporations to pay Fair taxes we can at least talk about healthc care delivery system reform as a remedy for our fiscal trajectory one out of three ain't bad as we've noted at prior hearings more than $1 trillion about 35% of our national debt stems from two economic shocks to the economy the 2008 financial crisis and the covid p pmic as we've heard over and over again at our hearings

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