Statement to the House Budget Committee Regarding a Fiscally Responsible Budget
Mr. Chair, Ranking Member and Colleagues: Mahalo for the opportunity to testify before you today in support of a fiscally responsible budget. At the outset, let me say that I reject the view that federal deficits and debt no longer matter, that we can continue to endlessly spend far more than our revenues, endlessly increase our national debt, with no consequence. Our debt…