No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, May 25, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Budget chair Jodey Arrington on balancing debt crisis and national security demands

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 3 mins read
A A
Budget chair Jodey Arrington on balancing debt crisis and national security demands
Share on FacebookShare on TwitterShare on LInkedIn



The U.S. government has a lot to pay for at the moment: in addition to mandatory spending like Social Security, Medicare, and Medicaid, it has also needs to fund its military endeavors. First came Venezuela, a relatively brief period of intervention; but the U.S. and Israel’s conflict with Iran has dragged on longer than expected.

Agreeing on budget packages hasn’t been Congress’s strong point during the second Trump administration: Already, there has been a government shutdown, and a significant amount of the Department of Homeland Security (DHS) is still closed due to the fact that spending to reopen it hasn’t been approved.

The demands on Treasury finances are a tightrope policymakers are going to have to learn to walk effectively, House Budget Committee Chairman Jodey Arrington said in a recent interview, suggesting that reconciliation (a budget procedure vote allowing for a simple majority of 51) may be the quickest way to ensure funding for DHS and prevent similar snags in the future.

Speaking on CNBC, the Texas Republican said: “I think what would be better, if we could do it, is just take the whole kit and caboodle and use reconciliation to fund Homeland so we don’t establish the precedent of picking and choosing departments and agencies and offices.”

“We can’t leave the critical operations of Homeland Security that’s protecting us against a terrorist attack, through Coast Guard, through guardsmen at our ports, or the guys that are protecting us against cybersecurity attacks. This is unacceptable.”

Democrats, on the other hand, have argued they will not back a funding bill for DHS until controversial departments like ICE and elements of Border Patrol are defunded. Protests against ICE began late last year, but tensions spilled over following the fatal shootings of intensive care nurse Alex Pretti and Renee Good in Minneapolis earlier this year. Until guardrails are put into place around the departments, the Democrats argue, they won’t pass funding for DHS.

The budget balance

However, Arrington also chairs a committee that has continually advocated for prudent and effective spending and fiscal reform. Arrington has called for a harder-line approach than some of his peers, who have pushed a resolution of a deficit target of 3% of GDP. Arrington wants to open up a conversation about adding fiscal responsibility to the country’s Constitution.

He said late last month: “Here’s the sad, sobering, and stunning truth: Despite the urgency of our fiscal crisis, Congress is paralyzed—unable to meet the urgency of the moment. So, if Washington won’t act, then it’s time to look beyond our nation’s capital. The Founders gave us another path in Article V of the Constitution, empowering the states and the American people to step in and demand fiscal discipline.”

Pushed on why he advocates for reopening spending pathways alongside budgetary reform, Arrington responded: “I can tell you there are debt hawks like myself that see a debt crisis on the horizon as an equal if not greater and more irreparable threat. We have to be able to walk and chew gum.”

The Republican is of the opinion that the government has some “savings” it could leverage in the form of cracking down on fraudulent claims. This, combined with a reconciliation action, “will allow us to put those reforms in the mandatory programs to underwrite what we need now and a down payment on future warfare preparedness.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.



Source link

Tags: ArringtonBalancingbudgetChairCrisisdebtdemandsJodeyNationalSecurity
ShareTweetShare
Previous Post

The Danger of Allowing Good Intentions to Override the Constitution

Next Post

These High-Inventory Markets Could “Swing Up” in the Next Cycle

Related Posts

edit post
Elon Musk’s best friend could make 0 billion on SpaceX. His firm is also owed billions

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

by TheAdviserMagazine
May 25, 2026
0

His name is Antonio Gracias, a handsome private equity investor from Detroit. The two met through the Silicon Valley web...

edit post
Foreign residents buy Rehavia home for NIS 9.3m

Foreign residents buy Rehavia home for NIS 9.3m

by TheAdviserMagazine
May 25, 2026
0

A 177 square meter apartment at 30 Gaza Street in Jerusalem’s Rehavia neighborhood has been sold for NIS 9.3...

edit post
Investec applies for Ireland banking permit – report

Investec applies for Ireland banking permit – report

by TheAdviserMagazine
May 25, 2026
0

Investec has sought a banking permit in Ireland as it looks to widen its presence across Europe, reported Bloomberg. The...

edit post
Iran Peace Deal Delayed – France and the UN to the Rescue?

Iran Peace Deal Delayed – France and the UN to the Rescue?

by TheAdviserMagazine
May 25, 2026
0

The US and Iran are close to hammering out the remaining differences between them in what President Donald Trump calls...

edit post
I’m leading a 0 million corporate turnaround. Here’s why I learned to distrust the growth mindset

I’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset

by TheAdviserMagazine
May 25, 2026
0

As an insurance industry veteran, I’ve had a front row seat to watch many insurtechs adopt growth assumptions borrowed from...

edit post
HFCL shares soar 10% to fresh record high, skyrocket 172% in four months. Should you buy or wait?

HFCL shares soar 10% to fresh record high, skyrocket 172% in four months. Should you buy or wait?

by TheAdviserMagazine
May 25, 2026
0

HFCL shares surged nearly 10% to hit a fresh 52-week high on Monday, extending gains for the fourth consecutive session,...

Next Post
edit post
These High-Inventory Markets Could “Swing Up” in the Next Cycle

These High-Inventory Markets Could “Swing Up” in the Next Cycle

edit post
Exercises To Help Clients Better Navigate The Transition To Retirement After Having Done It Yourself: #FASuccess Ep 485 With Michael Kay

Exercises To Help Clients Better Navigate The Transition To Retirement After Having Done It Yourself: #FASuccess Ep 485 With Michael Kay

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
She Started Investing in Her 50s, Now She’s Retired with 4 Rentals

She Started Investing in Her 50s, Now She’s Retired with 4 Rentals

0
edit post
Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead

Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead

0
edit post
Elon Musk’s best friend could make 0 billion on SpaceX. His firm is also owed billions

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

0
edit post
*HOT* EOS Shea Better Body Lotion, 16 fl oz as low as .18 shipped!

*HOT* EOS Shea Better Body Lotion, 16 fl oz as low as $5.18 shipped!

0
edit post
The economist John Maynard Keynes predicted in 1930 that his grandchildren would be working roughly fifteen hours a week by the early twenty-first century — and the strange thing is that, technologically, he was approximately correct

The economist John Maynard Keynes predicted in 1930 that his grandchildren would be working roughly fifteen hours a week by the early twenty-first century — and the strange thing is that, technologically, he was approximately correct

0
edit post
Medicare’s ‘June 1’ Update: Why Your Part B Deductions May Look Different on Next Week’s Statement

Medicare’s ‘June 1’ Update: Why Your Part B Deductions May Look Different on Next Week’s Statement

0
edit post
The Wicked Witch of Eccles Hates Sound Money

The Wicked Witch of Eccles Hates Sound Money

May 25, 2026
edit post
Medicare’s ‘June 1’ Update: Why Your Part B Deductions May Look Different on Next Week’s Statement

Medicare’s ‘June 1’ Update: Why Your Part B Deductions May Look Different on Next Week’s Statement

May 25, 2026
edit post
Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead

Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead

May 25, 2026
edit post
*HOT* EOS Shea Better Body Lotion, 16 fl oz as low as .18 shipped!

*HOT* EOS Shea Better Body Lotion, 16 fl oz as low as $5.18 shipped!

May 25, 2026
edit post
The economist John Maynard Keynes predicted in 1930 that his grandchildren would be working roughly fifteen hours a week by the early twenty-first century — and the strange thing is that, technologically, he was approximately correct

The economist John Maynard Keynes predicted in 1930 that his grandchildren would be working roughly fifteen hours a week by the early twenty-first century — and the strange thing is that, technologically, he was approximately correct

May 25, 2026
edit post
Elon Musk’s best friend could make 0 billion on SpaceX. His firm is also owed billions

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

May 25, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Wicked Witch of Eccles Hates Sound Money
  • Medicare’s ‘June 1’ Update: Why Your Part B Deductions May Look Different on Next Week’s Statement
  • Nasdaq’s Bitcoin options win SEC approval, but Wall Street’s real battle is still ahead
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.