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Transcripts For CSPAN3 Treasury Secretary Jack Lew Testimony On The Fiscal Year 2017 Budget 20160211

The committee will come to order. Todays hearing is on president obamas budget for fiscal year 2017. I particularly want to thank secretary lew for providing for appearing before us this morning and providing his time for us. While there are some hints about some of the details in advance, Congress Officially received the president s Budget Proposal yesterday. And as has been the case particularly under this administration, what we received was not a practical vision for the future. Weve going to have to have order here. As has too often been the case, what we received was a not a practical vision for the future but designed to sewuency constituencies. He looks to raise taxes on hard working americans, including some special new regressive taxes that are being packaged as, quote, fees unquote. With all the revenue going to fuel expanded government and spending that is being sold to the public as, quote, investment, unquote. No matter what terms people want to use, this budget once agai

Transcripts For CSPAN3 Treasury Secretary Jack Lew Testimony On The Fiscal Year 2017 Budget 20160211

About the president s 2017 budget. He answered questions about puerto ricos debt crisis, tax code reform and a proposal for a new tax on oil. This is two hours, ten minutes. The committee will come to order. Todays hearing is on president obamas budget for fiscal year 2017. I particularly want to thank secretary lew for providing for appearing before us this morning and providing his time for us. While there are some hints about some of the details in advance, Congress Officially received the president s Budget Proposal yesterday. And as has been the case particularly under this administration, what we received was not a practical vision for the future. Weve going to have to have order here. As has too often been the case, what we received was a not a practical vision for the future but designed to sewuency constituencies. He looks to raise taxes on hard working americans, including some special new regressive taxes that are being packaged as, quote, fees unquote. With all the revenue

Transcripts For CSPAN Treasury Secretary Jack Lew Testimony On The Fiscal Year 2017 Budget 20160214

Way. Yesterday we made progress advancing two of the major components of the u. N. Resolution. The trucks are lined up. The permissions are being granted. They should flow today or tomorrow. In the wee hours of friday morning, we agreed that the sustained delivery of humanitarian aid will begin this weekend. First to the areas where it is most urgently needed, then all those in need throughout the country, particularly in the besieged areas. The u. N. Has said that the trucks are loaded and ready to go. We established a task force which has met already for the first time in a geneva, and will report regularly on the progress to guarantee the delivery of this aid. The issg also agreed to implement a nationwide cessation of hostilities to begin in one weeks time. Why a week . For the simple reason that the modalities have to be worked out. And people have to be communicated to in order to not have it start with failure. This will apply with any and all parties within syria, with the exce

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