ABSTRACT

Serial No. 116-2: Investing in America's Economic and National Security, Hearing Before the Committee on the Budget, House of Representatives, One Hundred Sixteenth Congress, First Session, February 7, 2019   [open pdf - 4MB]

This is the February 7, 2019 hearing on "Investing in America's Economic and National Security" held before the House Committee on the Budget. From the opening statement of John A. Yarmuth: "Put simply, we face $126 billion in cuts to defense and non-defense discretionary spending next year. These budget caps were never supposed to take effect. They were deliberately set in 2011 at destructively low levels to force an agreement on a comprehensive deficit reduction plan. That effort failed, and we have dealt with this problem ever since. We reached bipartisan agreements to raise the caps in 2012, 2013, 2015, and again in 2018. If we do not act again, investments that are vital to our economic and national security will face devastating cuts. No statements, letters, and materials were submitted for the record.

Report Number:
Serial No. 116-2
Publisher:
Date:
2019
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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