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Thursday, November 21, 2024

California U.S. Rep Jay Obernolte: "Yesterday, the CBO released its annual long-term outlook on the federal budget. It found: Federal deficits..."

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Jay Obernolte tweeted the following:

"Yesterday, the CBO released its annual long-term outlook on the federal budget. It found: Federal deficits are projected to nearly triple over the next 30 years. Such persistently growing deficits would cause federal debt held by the public to reach 185 percent of GDP in 2052. twitter.com/USCBO/status/1"
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Here are other recent tweets from Jay Obernolte:

"These numbers are alarming, and demonstrate the urgent need to reduce our governments deficit spending and get our fiscal house in order."
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"One of the few silver linings of the pandemic for #CA08 was the expansion of telehealth, which has been critical to providing access to health care where doctors can otherwise be hours away. I was proud to support a bill today to ensure the continuation of those benefits." on July 27
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"I joined my colleagues for a forum confronting our wildfire & forest health crisis. More than 80mill acres of national forests are overgrown, fire prone & in dire need of active management, including in #CA08. We need action now to prevent more fire risk next season." on July 25
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