News
Nov20
Kentucky Congressman John Yarmuth, Chairman of the House Budget Committee, gave the following opening statement at today’s hearing on the costs and consequences of debt in today’s economy.
Nov14
Washington, D.C.— This morning, Kentucky Congressman John Yarmuth, Chairman of the House Budget Committee, chaired a hearing examining our nation’s economic outlook from the point of view of the Federal Reserve.
Oct16
Washington, D.C.— Kentucky Congressman John Yarmuth, Chairman of the House Budget Committee, gave the following opening statement at today’s hearing examining policy options to improve economic resiliency and strengthen our fiscal toolkit for fighting future recessions.
Reports
November 15, 2019
The federal debt as a share of the economy has more than tripled since 1980 and now sits at its highest level since just after World War II. However, we have seemingly evaded many of the predicted negative consequences of high and rising debt.
October 30, 2019
Over the last ten years, we have experienced the longest uninterrupted period of economic expansion in U.S. history. While economic expansions do not necessarily have an expiration date, many economists believe that this period of economic expansion may be growing fragile.
October 28, 2019
Fiscal year 2019 budget results released by the Trump Administration this week show that GOP tax policies have led to dramatic reduction in revenues relative to the size of our economy and have helped our nation’s deficits and debt to skyrocket.
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