Senate Banking Subcommittee Ranking Member Kennedy Issues Opening Statement at Hearing on Federal Debt
April 06, 2023
April 06, 2023
WASHINGTON, April 6 -- Sen. John Kennedy, R-Louisiana, ranking member of the Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy, issued the following opening statement at a hearing on March 7, 2023, entitled "The Federal Debt Limit and Its Economic Consequences":
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The country reached its debt limit on January 19, 2023. Our debt has spiraled out of control to $31.4 trillion. The United States is currently using "extraordinary me . . .
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The country reached its debt limit on January 19, 2023. Our debt has spiraled out of control to $31.4 trillion. The United States is currently using "extraordinary me . . .