The NCPA has a highly effective office in Washington, D.C. that sponsors Capitol Hill briefings, conferences and testimony by NCPA experts before congressional committees. The NCPA serves as a source of "outside the Beltway" thinking for Capitol Hill deliberations.
Testimonies and Speeches
Feb 14, 2002 |
Statement before the Committee on Finance, United States SenateMr. Chairman, thank you for the opportunity to testify this morning on the question of raising the debt ceiling. I would like to make three main points. First, the debt subject to limit is a declining portion of the federal government's total indebtedness. Second, the debt held by the public is a declining portion of the debt subject to limit. And third, there is no evidence that changes in any measure of debt have a significant impact on interest rates. |
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