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
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
Questions or comments, simply writing those to speaker heritage. Org. Our guest today, doctor Larry Schweikart is a native arizonan turkey on this bachelor and masters degree at Arizona State university and received his doctorate from university of california, santa barbara. Throughout his high school and college, however, he spent most of his time playing drums in a variety of dance. As a rock, he was part of several groups, one of which opened for steppenwolf, among other performers for those old enough to remember them. His first film, rocking the wall, about rock musics art in bringing down communism begin airing on pbs this week and will continue throughout this year. Doctor schweiker serves on the faculty at the university of dayton where he has taught business, economic history as well as military history. Is the author of more than a dozen books, including his first, a patriots history of the United States which he coauthored. Other topics include national defense, history and
Overwhelmingly, and it made it with Social Security actuarially sound for the next half century. That was 1983. So, those folks knew how to get along. Chairman nelson, Ranking Member collins and members of the committee, thank you for holding this hearing. And especially for the opportunity to testify about the future of the longterm policy. The perspective that im about to share comes from my work over the past 20 years of the office of management and budget as a person responsible for the Medicaid Budget. And also the last ten or 15 years consulting to a nursing home providers and assisted living providers and working with a number of my colleagues here on the panel and ideas including the class act. I just want to start by saying as many of you have noted we spent over 200 billion but we pay for very little care. We depend on over 60 million americans to provide most of the care and they provide it on paid and they do this because most americans are not insured against the financial