Budd-Sponsored Fiscal State of the Nation Resolution Passes House

Statement

Today, H. Con. Res. 44, the Fiscal State of the Nation Resolution passed the House unanimously. Rep. Budd sponsored this bipartisan legislation in October.

This resolution would "require the Comptroller General to present the Financial Report of the United States Government to an annual joint hearing of the House and Senate Budget Committees."

The resolution was originally introduced by Reps. Andy Barr (R-KY) and Kathleen Rice (D-NY).

The resolution has been endorsed by Americans for Tax Reform, American Institute of Certified Public Accountants, Committee for a Responsible Federal Budget, Concord Coalition, and the National Taxpayers Union.

Rep. Budd released the following statement:

"The current state of our country's finances is dangerous and reckless. The American people need to hear an unvarnished state of our fiscal situation every year and so do lawmakers. Holding public hearings would be a basic way of illustrating the peril the national debt poses to future generations of Americans. I'm proud to see it pass the House and will work to get it signed into law."

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