"Today’s update reinforces the need to build on the progress we’ve made so our economy can continue to grow and create jobs... We’ve made a lot of progress, but we have more work to do."
"Today's report underscores the progress we have made since the great recession and the work that is still necessary to grow our economy. It provides further evidence that we can make critical investments in national and economic security priorities while keeping the nation on a fiscally sustainable path."
The hearings brought to light a number of Republican myths about congressional budgeting, and even Republican witnesses reinforced the message that there is no process reform that will solve current budget problems.
The House Budget Committee recently held a series of hearings to examine reforms to the congressional budget process. While the Republicans’ goal was to find changes to the budget procedures that would solve their budget stalemate, the budget process did not cause the problem; the current budget impasse comes from deep differences on policy and Republican unwillingness to compromise.