The United States’ public debt now exceeds $33.6 trillion, more than double what it was just 10 years ago! Without taking action now to tackle the debt, our country may find itself in a fiscal crisis akin to those of countries like Greece and Italy years ago. This week, Senator Romney continued to push forward his bipartisan Fiscal Stability Act, which aims to repair America’s broken finances, by testifying at the House Budget Committee hearing on the need for a fiscal commission.
There are some who argue that the United States should stop aiding Ukraine in its defense against Russia’s unprovoked invasion, and focus solely on our own interests here at home. That is a false and dangerous choice. We can and should do both.
Romney Welcomes Investment from Bipartisan Infrastructure Bill to Advance Wildfire Resilience in Utah
Senator Romney applauded an announcement from the Department of Interior that more than $10 million from the Infrastructure Investment and Jobs Act, negotiated by Romney and his colleagues, would be invested in Utah to advance wildfire resilience work and support fuels management projects on 43,240 acres of land across the state.
Romney: “We are going to be known as a generation that took on tough challenges and solved them—or one that didn’t”
Senators Romney and Manchin (D-WV) testified at the House Budget Committee’s hearing examining the need for a fiscal commission and reviewing the Fiscal Stability Act, a bipartisan solution to strengthen America’s fiscal health and stabilize our nation’s finances for future generations, which the senators introduced earlier this month.
Among the many elements that contribute to America’s greatness, there are two that Senator Romney promoted this week both in word and deed—the nation’s ability to lead the free world amid authoritarian aggression, and, related, our economic vitality and stability. He joined thousands in marching along the National Mall to show support for Israel and condemn antisemitism, led a hearing focused on preventing government fraud, and saw growing support for his bipartisan effort to tackle the nation’s mounting public debt.
Support grew this week for the Fiscal Stability Act, bipartisan legislation introduced by Senators Romney and Manchin (D-WV) to strengthen America’s fiscal health and stabilize our nation’s finances for future generations. The Fiscal Stability Act would create a bicameral fiscal commission tasked with finding legislative solutions to stabilize and decrease our national debt, which now exceeds $33.6 trillion—more than double what it was just 10 years ago.
Senator Romney released a statement to commemorate the two-year anniversary of the enactment of the Infrastructure Investment and Jobs Act, the bipartisan infrastructure bill negotiated by Romney and his colleagues.
Ahead of President Biden’s meeting with Xi Jinping during the Asia-Pacific Economic Cooperation Summit today, Senator Romney urged the President to implement his legislation to develop a grand strategy to counter China, which was signed into law as a part of the National Defense Authorization Act (NDAA) for Fiscal Year 2022.
Senator Romney, Ranking Member of the Senate Committee on Homeland Security & Governmental Affairs Emerging Threats and Spending Oversight Subcommittee, led a bipartisan hearing with Senator Hassan (D-NH), Subcommittee Chair, examining federal COVID-era spending.
Romney, Risch Ask for Clarification on Whether Biden Admin Invited a Sanctioned Hong Kong Official to APEC Summit
Senators Romney and Risch (R-ID) sent a letter to Secretary of State Antony Blinken asking for clarification on whether the United States invited Hong Kong Chief Executive John Lee, who has been sanctioned by the United States since 2020 for his role in implementing Hong Kong’s draconian national security law imposed by Beijing, to the leaders meeting of the 2023 Asia-Pacific Economic Community.
“I’ve consistently found myself heartened and inspired to associate with these patriotic heroes. To all veterans, thank you not only for your military service to our country, but for your continued service to your families and communities. Utah is what it is—the best state in which to live, work, and raise a family—because of you.”
Senators Romney and Manchin (D-WV) joined CNBC’s Squawk Box to discuss the Fiscal Stability Act—a bipartisan solution to strengthen America’s fiscal health and stabilize our nation’s finances for future generations—which they led their colleagues in introducing earlier today.