Welcome you to your first hearing following your bipartisan conservation in the senate. It took us a little bit longer than we had hoped to get you in this role and we are happy to have you at the helm. We look forward to getting you helping you get a full complement of folks at the department as well. The budget request for the department of energy takes a different approach than weve seen. The president has made a concerted effort to increase funding for the nuclear. This is a portion of the department that falls outside of our community here. The administration has requested robust cleaning of Nuclear Waste. To offset those funding increases the proposed deep cuts to research and development for energy and science. It proposes to phase out innovative programs that have had demonstrated success. I understand what drop the proposal, but i am concerned by certain parts of it. The United States is the worlds leader in science and energy. We like it that way, and we want to keep it that
You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups
You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups
You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups
You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When i say i only want to spend what comes then, outside the beltway, that makes sense. Why is it hard for the government to shrink . Sen. Paul the people appear dont know what to do because they have been here too long. When i came up here and offered spending cuts, they said good when i was back home, but its not enough to balance the budget. I was going to call 500 billion. It could be done. The ups