Chairman John Yarmuth gave the following opening statement at today’s hearing, entitled “2017 Tax Law: Impact on the Budget and American Families,” on congressional Republicans’ deficit-funded tax cuts for the wealthy and large corporations.

“The President’s budget will apparently rely on a giant OCO gimmick to prop up defense spending. If true, this is nothing more than a blatant attempt to make a mockery of the federal budget process, obscure the true cost of military operations, and severely shortchange other investments vital to our national and economic security."

Chairman John Yarmuth issued the following statement on President Trump’s national emergency declaration.