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Arrington and Peters Introduce Bipartisan Resolution Addressing Growing National Debt Crisis Amid COVID Recovery

Press Release

Date: Dec. 16, 2020
Location: Washington, DC
Issues: Economy and Fiscal

This week, Rep. Jodey Arrington (TX-19) introduced House Resolution 1261, with Rep. Scott Peters (CA-52) stressing the need to address the reckless and unsustainable national debt while committing necessary resources to the COVID--19 pandemic.

"While significant resources were required to handle the public health crisis and economic fallout of COVID, and additional assistance may be needed, a new crisis will emerge if Congressional leaders continue avoiding the difficult but necessary actions to address the rapidly deteriorating fiscal state of our nation," said Rep. Arrington. "Unlike the pandemic, we don't have the luxury of borrowing or printing our way out of a sovereign debt crisis. We must be as steadfast and vigilant about tackling our nation's unsustainable debt as we are in seeing our country through this unprecedented public health crisis. If we don't, we jeopardize the prosperity of our kids and grandkids, leaving them to suffer the consequences of our negligence."


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