Reflects and builds upon the economic policies of this president which have unleashed one of the most powerful economies in american history. Unemployment is down across the board. People are coming back into the work force. Wages are rising. Pensions and College Savings accounts are growing. This budget continues these economic policies and once again provides a path for enduring economic expansion by tacking the very real problem of deficits in our nations debt. The plan offered today proposes to balance the budget within 15 years by proposing more deficit reduction, 4. 6 trillion, than any president in history. Under this budget, of trillion dollar deficits as far as the eye can see will be reduced to 261 billion in 2030 with a surplus in 2035. Debt as a percentage of gdp currently at 81 and projected to grow to 100 within ten years will drop to 66 by the end of the tenyear window. But this budget is not a green eye shades budget. It Funds National priorities that this administratio
Is really hard to imagine all the things that happen when you are vice chairman but theres an interesting dynamic that happens because on 18 november i changed command that u. S. Strategic command and when i changed command at u. S. Strategic command i was in command of 150,000 americans. They went to work every day to do the ab150,000 americans is an interesting element in command structure. Then on 21 november i swore in as vice chairman of joint chiefs of staff and went to a staff of five. Because im actually not in command of anything anymore. I have no command responsibilities, and will command anything. [laughter] when we drove out to omaha on the way over here and we were in a little bit of a hurry because the chairman had been out of vice chairman a little while he wanted me there quick. We were moving pretty fast across the country and my wife looked over at me somewhere in kentucky and said, this feels quite different, doesnt it . I said, what do you mean . She said, its like
Secretary, good to see you sir. Its an honor to be here. Thank you very much to aits kind of interesting being vice chairman. I dont know how you described it until youve experienced it is really hard to imagine all the things that happen when you are vice chairman but theres an interesting dynamic that happens because on 18 november i changed command that u. S. Strategic command and when i changed command at u. S. Strategic command i was in command of 150,000 americans. They went to work every day to do the ab150,000 americans is an interesting element in command structure. Then on 21 november i swore in as vice chairman of joint chiefs of staff and went to a staff of five. Because im actually not in command of anything anymore. I have no command responsibilities, and will command anything. [laughter] when we drove out to omaha on the way over here and we were in a little bit of a hurry because the chairman had been out of vice chairman a little while he wanted me there quick. We were
Acting office of management and budget are Russell Vought on trumps 4. 8 million Budget Proposal for 2021 before the house Budget Committee. This runs three hours. I certainly welcome the acting director phoned the Russell Vought. Thank you for being here to testify on the president s 2021 Budget Proposal and i hope todays hearing will provide an open and amistad examination of the party set forth by the Trump Administration so they can get back to passing legislation Appropriations Bills that reflect the needs and priorities of the American People. I will now yield myself five minutes for an Opening Statement just six short months ago the president signed a bipartisan just, can everybody hear me . A just six months ago the president signed it twoyear budget deal into law. It does everything the president s proposal failed to do set rational discretionary lines allowing strong investments in our national and Economic Security and has bipartisan support including the bank member and mys
Starting at 1 00 oclock eastern time. We will have that live here on cspan2. We now return to the discussion on national security. When you look at our deterrent the rest of the world looks at deterrence is integration of offense and defense. That is the way the rest of the world looks at deterrence. When i looked it up they look at our offense and defense and think about that is more deterrence. We need to thing about offense and defense as our integrated deterrence as well. We need to start digging about what the next generation of our defense will be and what we will walk into and then if you want to know how you know that we dont look at it together the last time we had an opportunity to do it together was the beginning of the and ministries and we decided to do Nuclear Posture review and a Missile Defense review separate. And a strategy dissolve cingular strategy. Oh, by the way, as a nation we understand that missile defens defenses article to our future and critical to our defen