Thank you, Chairman Cole and Ranking Member McGovern, for allowing me to testify on the Limit, Save, Grow Act.
I want to start by thanking Speaker McCarthy, Leader Scalise, Ways and Means Chairman Smith, and Budget Chairman Arrington for their hard work on this bill.
I hope the President will come to the table and work with us to ensure our nation does not default on our debt.
I want to highlight one very straightforward idea included in this package: to rescind funds that are not needed at this time and redirect them to other priorities.
For example, as much as $60 billion that was appropriated more than two years ago for COVID remains unspent.
Now that the national emergency is officially over, we should be able to take back those resources.
There is also no reason for the IRS to be holding on to billions of dollars for future years.
These are just some examples of where we can limit spending and save money.
We can, and we will find ways to reprioritize.
We plan to do this without harming our ability to provide for our national defense, take care of our veterans, and secure our border.
I just returned from the border and the case is clear – it is a crisis.
Other government spending simply has to be lower on the priority list.
Finally, the American people expect us to be good stewards of funds, and this bill sets the House on that path.
We will mark up appropriations bills this Spring and Summer as the next step in this process.
I look forward to getting to work.
Thank you, Mr. Chairman, I yield back the balance of my time.
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Archived Hearings
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