Chairman Arrington Joins CNBC's Squawk Box

House Committee on the Budget · March 27, 2026

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Program opening: topic introduced

Presentation

0:11 → 0:22(11s)

Host introduces the session topic: whether a strict 3% deficit-to-GDP target can break the debt cycle and secure the nation's fiscal future.

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House Budget Committee chair Jody Arrington discussed a proposal to cap the deficit at 3% of GDP and described steps he says would be needed to put the country on a path to balance within a decade, including spending cuts, reconciliation and procedural changes; no formal vote occurred in the interview.

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Transcript

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