2025 budget request before the house Budget Committee. She highlights with the administration sees as physical fiscaland legislative successes. The president s priorities for the latest proposal which totaled 7. 3 trillion. This runs a three hours and 20 minutes. This hearing will come to order but welcome to the committee on the Budget Hearing regarding the president s fiscal year 2025 budget request. I welcome director Shalonda Young director of Office Management and budget. Thank you for being here. I have enjoyed working with you. You are one of the most likable people on capitol hill and in my experience in politics and kudos to you. As ive said before i like you a lot i do not like the president s budget im going to outline that with respect. But probably some sharp criticism. But i appreciate your service to our country as a former staff person here on capitol hill and now in this very important job as the director of omb. Welcome back to capitol hill and thank you for your time
A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doing beforehand. What that actually turns into is around 41,000 new loans to Small Businesses. It also means that of those loans, i think we are somewhere around 65 or 70 of those loans were below 100,000, so these are actually loans that are going to the smallest of Small Businesses, not midsize businesses that getting the businesses that are going to be the job creators and are the job creators. We also invested through another program called the state smallbusiness Credit Initiative 1. 5 billion
My point here is that your pragmatism i love. This is not the pugilisms or that is prodigious in washington. It is about solving problems, lowering costs, giving access to Small Business people like you who want to compete with the big boys. When its in my city is that many folks have a hard time keeping employees who could easily go to other companies who have Better Health insurance plans. You probably know people who could go to other companies and get less salary for Better Health insurance is that correct . I think that is one of our positive attributes. The goal here is to make sure we take this variable, which is made Small Businesses get crushed in the past. Call it socialism or whatever you want, the other countries have costs that you internalize. Were not here to score political points. I dont care about the next election, i care about solving the problems. Most people are saying right now fix the thing, which is what youre saying, right . Hickey, who has no jersey connectio
There has been negligible population growth. Ina very distinct different the 1970s through 2010. There have been movements. Guest there has been movement. People have moved to places where they have cultural affinities. Liberal professionals and high skilled people. The server to dallasfort worth. People from either werent either one do not want to be transferred to the other. They move from high housing cost states. 19 million in 2010. Very small growth. Texas, 11 million in 1970. 25 million in 2010. It more than doubled. Migrants from internal migrants in the United States as well as immigrants from mexico and other parts of latin america and asia as well. Host the emergence over cultural issues and the sharp slowdown in internal migration has sharpened fears that we are flying apart. Michael barone wrote in his book, shaping our nation. Caller i am curious as to why we do not use our National Guard troops to guard the interior borders of the country just as we used the coast guard t
Governor, thank you very much for being with us. You squeaked home. A bit of a close election. You were not quite at the 60 threshold for a wailing. I am a republican in new jersey. I am just worried right getting over the finish line. It was gratifying. What was striking was to look at the detail of the exit polls. The latino vote, over 25 of the black vote, running against a woman democratic candidate. All in a state where president vote a year of the ago. A lot of questions about the future of the repugnant party. The future of the Republican Party. How did you do it . You do your jobs. I often think people make Political Leadership to consultative. What people expect you to do is do your job. First and foremost. Jersey,s in new republican, democrat, independent, felt as if we had done a job our job. Second thing, if you want to reach out to constituencies that have not normally voted for your party, you cant go six months before your election. We made a concerted effort from the ti