Today we will hear testimony from the director of the office of management of budget, the monon honorable Mick Mulvaney. I want to thank him for being here to discuss the president s budget and spending priorities. We look forward to hearing his remarks. While article one gives congress the power of the purse the federal budget is a collaborative process. The administration, this committee and counter parts Work Together to build a budget that reflects our unified priorities over the same time period economic stagnation lead Congressional Budget Office to continually downgrade projects for Economic Growth. Its a large debt burden on the future generation of americans, that reflects moral failure to face head on our challenges. This administration and this committee agree on our our responsibility to improve our countrys fiscal situation and put us on the foot a balanced budget that allows us to start cutting down our National Debt. Our friends will no doubt defend the status quo of the
Rillion over 10 years. This part of the hearing is just over 2 hours. The hearing will come to order. Welcome to the committee on the Budget Hearing for today we will hear testimony from the director of the office of management of budget, the mononor honorable ce of management and budget, the onorable Mick Mulvaney. Good morning, once again, to everyone. Mulvaney fornk mr. Being here today to discuss the president s budget and spending priorities. We look forward to hearing his remarks. Priorities. To achieven budgets a balance. Over time, the Congressional Budget Office able to continually downgrade their objections their projections for Economic Growth. A large debt burden on a future generation of americans, a burden that to face a moral failure our challenges. This administration and this committee agree wholeheartedly on our responsibility to improve our countrys fiscal situation and put us on the path to a balanced budget. We will defend the status quo of the obama years with the
Rillion over 10 years. This part of the hearing is just over 2 hours. The hearing will come to order. Welcome to the committee on the Budget Hearing for today we will hear testimony from the director of the office of management of budget, the mononor honorable ce of management and budget, the onorable Mick Mulvaney. Good morning, once again, to everyone. Mulvaney fornk mr. Being here today to discuss the president s budget and spending priorities. We look forward to hearing his remarks. Priorities. To achieven budgets a balance. Over time, the Congressional Budget Office able to continually downgrade their objections their projections for Economic Growth. A large debt burden on a future generation of americans, a burden that to face a moral failure our challenges. This administration and this committee agree wholeheartedly on our responsibility to improve our countrys fiscal situation and put us on the path to a balanced budget. We will defend the status quo of the obama years with the
Radio and online audiences also our cspan audience today. Its my pleasure to introduce David Davenport hes the author of rugged individualism dead or alive. Hes also a Research Fellow at Hoover Institute at Stanford University and president at pepper dime one of our great Educational Institution just not in the bay area. David thank you for coming to share is this with us. [applause] thank you, george and ladies and gentlemen, its pleasure to be with you today. It occurred to me as we collected up yet one more spring rain and were competing with the warriors playoff game, and i assume that giants and dodgers game, i dont need to give a talk on rugged individuals you are the rugged individuals for showing up here tonight to thank you for coming. Youre also brave to come and hear an academic talk of many good stories i think about scholars and academics one i heard recently was at a Scholarly Panel that i was attending. And the moderator of the panel was a federal judge. And he said you
Individuals for showing up here tonight. Mi thank you for coming. Youre all so brave to come in here to an academic talk of good stories of scholars and academics. One i heard recently was a Scholarly Panel i was attending. The moderator of the panel was a federal judge and he said you know, we have some of us, referring to himself who are ase Teddy Roosevelt himself, a rugged individual once said we are in the arena. Our faces covered with dust and blood and sweat and then he said you have kind of an out of the way up in the ivory towers the academics who are carefully watching the battlefield and then when the battle is over, they come down onto the battlefield and shoot the wounded and then he proceeded to say we have three expert marksman on the panel today so i will have to shoot a couple of people probably not in the audience, but in history as we think about rugged individuals and where its been and where its going. So, my coauthor and i uhoh, im not able to get us going. My coa