This is the fifth time in six years that the president has passed theis budget deadline. It is the worst record in history for any president. Further disrupt an arty much broken budget process. Notadministration will deliver key details until next week. All i can say is that next are of the president will submit his time. Full and on i realize you came in late in the game. Hopefully next or we will try to get a better record going. Other circumstances. Hopefully next year well try and get a better record going here. Even if it had been on time, in our judgment, this budget is nothing to write home about. Last months cbo said the deficit will start to grow again in just two years. By 2022, we will be running a 1 trillion deficit again, even though we will be taking a historically higher share of our revenues. That is because spending will grow twice as much as revenue. Over the next ten years, we will add 10 trillion more to our National Debt for a grand total of 27 trillion, according
To turn groundbreaking research into new industries and jobs made in america. His budget expands access to the kind of high quality preschool and other learning programs to give all of our children the same kinds of opportunities that those wonderful children we just saw are getting right here. While not all of todays good jobs will require a Fouryear College degree, more and more will require some form of Higher Education or specialized training. This budget expands them to apprenticeships. We know that future generations will continue to do with the effects of a warming planet. It proposes a smarter way to address the cost of wildfires and includes over 1 billion in new funding for technologies to help communities prepare for a change in climate today and set up incentives to build smarter and more resilient infrastructure. We know the most effective and historically bipartisan ways to helping hardy and work families as the earned income tax credit. It helps about half of all parent