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Transcripts For CSPAN3 Hearing On Improving Budget Appropriations Process 20240713

This House Committee on the modernization of Congress Heard from congresswoman nita lowey chairs the committee. This hearing was announced before congresswoman low we announced he would retire from Congress Following this term. Committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is titled recommendations for approving the budget and appropriations process, a look at the work of the select committee on process reform and i recognize myself for five minutes to give an opening statement. The 104th congress which convened in 1945 was the last to pass Appropriations Bills. That was almost 25 years ago. Most house members serving today have never seen a process that works the way it was supposed to where stand alone bills were passed on time. And established by the bipartisan budget act of 2018. The committee was charged with making recommendations to significantly reform the process. It was acknowledgment th

Transcripts For CSPAN3 Hearing On Improving Budget Appropriations Process 20240713

Without objection, the chair is authorized to declare a recess at any time and this is entitled approving the budget process, and a look at the Budget Committee on budget process reform. I recognize myself for five minutes for a statement. The 104th congress convened in 1995 was the last to pass all of the Appropriations Bills prior to the start of the fiscal year and that was almost 25 years ago, and most of the house members serving today have never seen a process to work the way it is supposed to where the stand alone bills are passed on time. On the joint committee on budget and appropriations reform, along with myself and bob woodall was tasked with making recommendations to significantly reform the budget and appropriations process. The very act of establishing the committee is acknowledging that the process is not working the way it should. And article 9 section one of the constitution says that no treasury should be withdrawn without the authorization of congress. It is a const

Transcripts For CNBC Closing Bell 20240714

Barbara doran from b88 Capital Partners good to see you, barbara less than two weeks until the official u. S. China trade talks kick off and a new wrinkle as to what will actually happen when both parties meet. It is definitely a new wri wrinkle today. For me the bigger concern emerging is what happens to the consumer all of the consumer data this week was pretty terrific, except for Consumer Confidence numbers. Housing, et cetera, we continue to have strong wages, growth, that sort of thing but for the first time, were seeing Consumer Confidence down a little bit, consumers and surveys are saying, hey, trade issues have crept into their head and, you know, my real concern is the margins of companies, if they start to do layoffs, that hurts Consumer Confidence, and stops spending and that is the underpinning, which by all accounts, we all agree. By the way, the china has got markets spooked. Nasdaqs down 1. 6, the laggard of those indices. Bob is with us for the full first hour, which

Transcripts For CSPAN3 Hearing On Improving Budget Appropriations Process 20240714

Here and i am here and get used to it. applause explorer nations passed on American History to be every weekend on seaspan three. A panel looking at ways to improve the budget process and before the House Committee on the committee of congress. The committee will come to order and declare a recess on the committee at any time and this hearing is entitled recommendations for improving the budget and the process i will look at the work of the joint elected committee on the process reform. I now recognize myself for five minutes and the 104th which convened in 1995 was the last two pass all the bills as part of the Fiscal School year and i was almost 25 years ago and motels members have not seen a process that works the way its supposed to where they are there on time and the committee on appropriation process which i served along my colleague who was established by the bipartisan act of 2018 and was charged with making recommendations to significantly reform the budget process. A very ac

Transcripts For CSPAN3 Hearing On Improving Budget Appropriations Process 20240714

Was the last two pass all the bills as part of the Fiscal School year and i was almost 25 years ago and motels members have not seen a process that works the way its supposed to where they are there on time and the committee on appropriation process which i served along my colleague who was established by the bipartisan act of 2018 and was charged with making recommendations to significantly reform the budget process. A very active establishing committee was that the process wasnt working at all to be. Local one such a nine says that no money shall be gone from the treasury and the appropriations made by law and the color of the purse within the constitutional powers. Its a constitutionally mandated shut down an executive power. When Congress Fails to pass it builds on time. It seized power to the executive branch. They passed 117 resolutions since the beginning of the fiscal year in 1998 and last Year Congress passed nine see ours and this year the pass three but. Thats a lot of time

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