At a House Budget Committee field hearing, members discussed creating a fiscal commission to address rising federal debt. Chairman Jodey Arrington called for bipartisan action, while Jason Smith argued lawmakers do not need a commission to act.
Ways and Means chairman who argued that lawmakers do not need a fiscal commission to act.
ALSO MENTIONED Jeb Hensarling, Former representative and co-chair of the 2011 deficit-reduction committee, mentioned in the account of its failure.; Leon Panetta, Former defense secretary and witness who warned about the debt’s implications for national security.; Rob Portman, Former senator and witness who advocated statutory protections for a fiscal commission.
Ways and Means chairman who argued that lawmakers do not need a fiscal commission to act.
ALSO MENTIONED Jeb Hensarling, Former representative and co-chair of the 2011 deficit-reduction committee, mentioned in the account of its failure.; Leon Panetta, Former defense secretary and witness who warned about the debt’s implications for national security.; Rob Portman, Former senator and witness who advocated statutory protections for a fiscal commission.
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