Indi Dutta-Gupta Testifies before House Budget Committee on Protecting American Families from Attempts to Hold Hostage Policies that Support Them.
On May 11, 2023 Indi Dutta-Gupta testified before the House Budget Committee on protecting American families from attempts to hold hostage policies that support them.
This testimony first explains at a high level why many people in the United States rely on specific federal programs to achieve economic security and access economic opportunity and how federal policies—in particular—effectively meet many of these needs. Next, the testimony explains why the deep cuts mandated under the McCarthy debt ceiling bill would undermine the nation’s well-being, including through counterproductive cuts to child care, workforce development, and postsecondary education. The testimony then explains why revenues must be a major part of the answer to concerns about deficits and debt. It concludes by highlighting the dangers of failing to raise our arbitrary threshold on the amount of outstanding obligations we allow ourselves to pay and urging Congress to act swiftly to avoid this self-inflicted wound to our prosperity.