I called to order this hearing of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. We will hear from nonpartisan watchdog on the Fiscal Health and importance of confronting our critical fiscal challenges. I welcome back mr. Dodaro who is the most usual and best witness providing information throughout the year that is extremely helpful to heading off some of the future crises that will happen if we do not Pay Attention. This hearing will cook off a series of hearings and to findons about Hope Solutions and help build the foundation for next years budget cycle. The next few years should be significant for the committee. The committee has been working hard to enact reforms that improve transparency and accountability in the budget process and help put us on a more sustainable fiscal path. Introduced the bipartisan congressional budget and i emphasize the as thatartisan wa was the first since 1990. We were successful
This here of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. Today the Budget Committee will hear from congress is nonpartisan, watchdog on the nations Fiscal Health and the importance of confronting our critical fiscal challenges. I welcome back mr. Dara who is our most usual and best witness providing information throughout the year that is extremely helpful, hitting off some of the future crises that are going to happen if we dont Pay Attention. This hearing will kick off a series of hearings and discussions that i hope will help inform Bipartisan Solutions to the problems we face this year and help build a foundation for next years budget cycle. And next to you should be significant for the Budget Committee. Committee has been working hard to enact reforms that improve transparency and accountability in the budget process, and helped put us on a more sustainable fiscal path. Last year senator white house and
Statistics will tell the story. Look at the eye in the sky with respect to Economic Growth and the performance of this economy under the tax cuts and the regulatory relief. Lowest unemployment in 50 years. Millions of job crease ated. More jobs than we have people to fill them. Historic growth in wages. And more growth on the low end of income spectrum than on the high end. More growth for the worker worker than the supervisor in terms of wage growth. Millions have moved off of out of poverty, off of dependency on government welfare to selfsufficiency. Enjoying the blessing and the dignity of a job. On average, americans are taking home about 5,000 more thanks to tax cuts. By the way, tax revenues are up. Now, politicians can be skewed in their perspective. Distorted. By politics. And so lets ask the American People because quite frankly, mr. Secretary, those are the folks that matter most to me an President Trump and im sure to my colleagues on both sides of the aisle. Lets find out w
Watch briefings and hearings with Public Health specialists, any, unfiltered, at cspan. Org coronavirus. Next, canadian Prime Minister Justin Trudeau talks about decision to temporarily stop all nonessential travel between the u. S. And canada as a result of the coronavirus outbreak. The announced an 82 billion he announced an 82 billion economic support package for families and businesses during the pandemic. The Prime Minister spoke from home in ottawa, where he has remained in isolation as a precaution after his wife tested positive for the coronavirus. [speaking french] translator thank you for being here today. Days, i have few spoken over the past few days, i have spoken with President Trump over what we can do to slow the spread of coronavirus. I just spoke to President Trump again this morning. We have agreed that both canada and the United States will temporarily restrict all nonessential travel across the canadau. S. Border. Spread of co. I just spoke to president [speaking f
Treasury secretary Steve Mnuchin says the administration is working with congress on a spending package for National Coronavirus response. He testified before the house ways and Means Committee on President Trumps 2021 Budget Proposal and was asked about the governments response to the outbreak as well as its Economic Impact. We want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going tome brace here for the next couple of hours. To embrace here for the next couple of hours. Mr. Neal i think we can provide to the first issue so we can get to the chairman. It is of no controversy. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front