Applause please be speeded. It is my pleasure to present to you his excellency, the governor of the commonwealth of virginia, the honorable ralph at northam. Thank you all. Thank you. Well, good evening, ladies and gentlemen. Happy new year and thank you for the warm welcome. To my wife pam, Lieutenant Governor fairfax, and attorney general hearing, justices of the supreme court, newly elected members, old friends of my cabinet and staff, thank you all for your service to our commonwealth. And good evening to madam speaker and madam president. applause the Chamber Looks pretty good from up here doesnt it . laughs laughs you know its a proud moment to look out and see General Assembly that reflects more than ever the virginia that we see every day. applause this is truly an historic night. Just one week ago, we closed a decade that sometimes challenged our fundamental beliefs and even made us question what it means to live in a changing america. So tonight, let us recall some basic fact
Applause please be speeded. It is my pleasure to present to you his excellency, the governor of the commonwealth of virginia, the honorable ralph at northam. Thank you all. Thank you. Well, good evening, ladies and gentlemen. Happy new year and thank you for the warm welcome. To my wife pam, Lieutenant Governor fairfax, and attorney general hearing, justices of the supreme court, newly elected members, old friends of my cabinet and staff, thank you all for your service to our commonwealth. And good evening to madam speaker and madam president. applause the Chamber Looks pretty good from up here doesnt it . laughs laughs you know its a proud moment to look out and see General Assembly that reflects more than ever the virginia that we see every day. applause this is truly an historic night. Just one week ago, we closed a decade that sometimes challenged our fundamental beliefs and even made us question what it means to live in a changing america. So tonight, let us recall some basic fact
Into office, we spent 6. 8. Then we havent reset to the 2019 baseline. How are we ever going to recover from this . Director young we put forth a proposal. A way to continue to invest in the American People. If we think we have adequate childcare and paid leave in this country, i welcome us to talk to hardworking americans. We can do that by asking the top 1 and 2 to add more into the system. That way we cannot only pay for our investments, but we can bring down the deficit we cant just talk about spending as if it only hits those programs that hit working families in this country. Senator johnson if you make the rich pay their fair share, the top 1 garner about 20 of the income pay about 40 of the income tax. Ts a fair share. Director young they pay about 25 . Senator johnson i remember when a couple hundred billion dollars was like real money. Political process would be all upset if you are rupbding a dollar deficit. Your plan to get us out of this, you are running deficits of 1. 8 1
White house budget director young testified in President Bidens newly released 2025 budget request. She outlined some of the priorities laid out in the proposal including tax cuts for the middle class, lowering healthcare costs, childcare investments, and protections for Social Security and medicare. Other topics included funding for ukraine, National Debt, and inflation reduction. This is two hours. All right, let me call this hearing of the budget to order. All right. Let me call this hearing of the Budget Committee to order. Let me thank my colleagues for indulging the late start at 10 15 instead of 10 00 today because i had a presentation to make at the supreme court, so thank you for indulging that. I was presenting to the judicial conference. I dont know which one is which. [ laughter ] so, let me first say good morning to our Committee Members present and offer a special welcome to Shalanda Young. Director, it is always a pleasure to have you here before the committee. There is
White house budget director young testified in President Bidens newly released 2025 budget request. She outlined some of the priorities laid out in the proposal including tax cuts for the middle class, lowering healthcare costs, childcare investments, and protections for Social Security and medicare. Other topics included funding for ukraine, National Debt, and inflation reduction. This is two hours. All right, let me call this hearing of the budget to order. All right. Let me call this hearing of the Budget Committee to order. Let me thank my colleagues for indulging the late start at 10 15 instead of 10 00 today because i had a presentation to make at the supreme court, so thank you for indulging that. I was presenting to the judicial conference. I dont know which one is which. [ laughter ] so, let me first say good morning to our Committee Members present and offer a special welcome to Shalanda Young. Director, it is always a pleasure to have you here before the committee. There is