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Thank you, Chairman Cole and Ranking Member McGovern, for allowing me to testify on the Limit, Save, Grow Act.
I want to start by thanking Speaker McCarthy, Leader Scalise, Ways and Means Chairman Smith, and Budget Chairman Arrington for their hard work on this bill.
I hope the President will come to the table and work with us to ensure our nation does not default on our debt.
I want to highlight one very straightforward idea included in this package: to rescind funds that are not needed at this time and redirect them to other priorities.
Good afternoon.
The Subcommittee will come to order. Without objection, the Chair is authorized to declare a recess at any time.
Welcome to this afternoon's hearing. I will begin by recognizing myself for an opening statement. I'd like to welcome our witnesses today:
