That i would recommend to this g body we consider. Because if were going to fix our debt and our deficit, we also need to look at the procest of how we do budgeting and fix t this. Here are a few trillio thoughts. You year. We do a budget every two years. O we should at least do a little o bit of advanced planning. We should be able to do that two years in advance. Le the spending. Every we could do appropriations everf single year to be able to provide accountability. The how major budget process we should do every two we should get rid of the udget. Gimmicks that dominate this body and how we quote unquote balance the budget. I like pinch and smoothing. Corporate timing shifts be an odd of our favorite chips, insi which everyone outside this citd thinks is a monkey and everyon inside of this city know its just a great budgeting technique. Heres how some of those work. Heres an example from octobers budget agreement. The acceleration in section 502o changed the due date from pension p
These things until congress is propelled to do the right thingh lets put a process in place, beginning with budget reform, s how we do the budget, and strutheral changes here to pushn this body to do what everyone outside this body says needs to be done. In the days ahead when were spending more on interest than r national defense, this body should hang its head in shame. St should fix it so that never happens. And we can get on top of our debt and our deficit with a straightforward process that gets us back to work. With that, mr. President , i yield back. Wednesday on capitol hill, janel yellen testifies on the state of the economy, live at 10 00 a. M. Eastern here on cspa cspan3. The zika virus with centers for Disease Control and prevention and National Institute of allergy and Infectious Diseases director. Thats at 1 00 p. M. Eastern also on cspan3. After releasing his 165 page budget proposal, president obama talked about the increased investments in Cyber Security. Lets take a l
From President Trump. Hey, kristin. Neil, this is not a live address. These remarks were taped yesterday at the white house. This is a big deal. This could be the very last time that we hear President Trump speak from inside the white house. According to some excerpts that were released by the white house, it appears from the excerpts that President Trump does not mention joe biden by name but mentions the new administration. He has kind words for them. According to the experts, hes expected to say this week we inaugurate a new administration and pray for its success in keeping america safe and prosperous. We did what we came here to do and so much more. From there, President Trump is going to go through what he believes are some of his greatest accomplishments. Things like building the biggest and greatest economy in the history of of the United States. Hes expected to talk about how hes proud of standing up to china, securing historic peace deals in the middle east and reducing u. S.
That he will address very soon. Its part of a massive wave of executive orders and actions that in sheer numbers surpasses anything that weve seen in the early days of prior president s. Axios describing the first 100 days as revalatory and liberal action. Writing biden talks like a soothing centrist, promises to govern like a soothing centrist but early moves shows his keeping his promise to advance a liberal agenda. President biden has said that he can go down as one of the most progressive president s in american history. Bernie sanders says that democrats are ready to make sure that that happens. I think if we can give him the support he needs in congress, he can in fact be an extremely progressive president. Martha for example, while treasury went to janel yellen that cruised through the senate with a 260 vote, this is a seat to watch though. Shopra will be running the Consumer Financial bureau. He helped in the 2008 with senator elizabeth warren, who was seen as too controversial
Signed by this president. With all the pageantry, its not been signed by the president so its not quite a done deal. Kevin corke, when will it be . Not quite. Youre right. Probably sometime next week, my friend. Either way, whether it happens next were, down in floor, maybe he tries to wrap it up this year because if you dont, another of things that cascade and push back some other parts of entitlements. The fact is probably mid next week after this thing is enrolled on the hill and reviewed by the white house, he will sign this thing and ultimately we can all say yes, indeed, neil, this was a historic day at the white house. Not just for lawmakers but for the president himself making good on a promise to overall the nations tax code. Todays ceremony was heavy frankly on a simple theme. One you and i talked about on several occasions. Promises made, promises kept. We did the largest tax cut in our history. I hate to say this, but we essentially repealed obamacare because we got rid of