Chairman John Yarmuth gave the following opening statement at today’s hearing on the costs of climate change and associated risks to the U.S. economy and the federal budget.
The consequences of climate change are real, they are already affecting communities across the country, and they are only going to get worse for future generations. If Congress does nothing to address the threat of climate change, growing economic risks across industries and regions will impose a high cost on Americans, businesses, the economy, and the federal budget. On June 11th, the House Budget Committee will hear testimony from four expert witnesses on the current and projected costs of climate change and the impending fiscal risks to the federal government and the taxpayer.
In a hearing last week, “Keeping Our Promise to America’s Seniors: Retirement Security in the 21st Century,” the House Budget Committee heard from two panels of witnesses on the shifting retirement landscape and the various challenges workers and seniors face in preparing for retirement.
Chairman John Yarmuth gave the following opening statement at today’s hearing on single-payer policy considerations and expanding access to affordable health care.