Washington, March 4 -- Rep. Lloyd Smucker issued the following press release:
Rep. Smucker (PA-11), Vice Chair of the House Budget Committee, introduced the Debt-to-GDP Transparency and Stabilization Act with Rep. Jared Golden (ME-02).
This legislation would increase transparency and provide greater insight into our nation's growing national debt and require the President's annual budget and congressional budget resolutions to include the ratio of the public debt to the estimated gross domestic product (GDP).
"Our national debt is the greatest internal threat to our country,"said Rep. Smucker (PA-11). "Tackling our national debt must be a priority. This legislation increases transparency and creates accountability in Washington to delive...