Rep. Garrett with Julia Perry, Antonio Nadera, Erin Novak and Shannon Casey, all students from the Fifth District who are taking classes and interning at various organizations in Washington, D.C. this semester. We had a lively discussion about issues facing young people in the U.S. and the experiences they’ve had here in our nation’s capital.
Rep. Garrett: America’s Current Economic Path is Unfair to Future Generations
Apr 1, 2014
Ridgewood NJ, Rep. Scott Garrett (R-NJ), senior member of the House Budget Committee and Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statement regarding the introduction of the House Budget Committee’s Fiscal Year 2015 Budget Resolution:
“Our fiscal situation is dire. Each of our children and grandchildren are on the hook for nearly $56,000 of our $17.5 trillion dollar debt. It’s time for us to put an end to the overspending and borrowing of more and more money each year. Today, the House Budget Committee puts forth a budget that recognizes that the status quo is unacceptable and unsustainable. Rather than continuing on the road to debt and decline, we instead offer a path forward that focuses on economic growth, expands opportunity, and restores fairness. Years of foolish overspending have brought us to this point, but America’s current economic path is no laughing matter.”