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Capitol hill where Congressional Budget Officer director Phillip Swagel is getting ready to testify before lawmakers on the cbos budget. The hearing is expected to begin shortly and youre watching live coverage on cspan3. Good afternoon. Ill call the committee to order. Today the committee will hear testimony from the Congressional Budget Office director Phillip Swagel. These projections account for the effects of the covid19 pandemic and legislation enacted in response to it and provide a window into the future of our financial state. This is dr. Swagels first time testifying since becoming the 10th director of the office. Unfortunately, the pandemic has delayed us from having him appear before this committee. I would like to thank dr. Swa ....
Cbos budget. The hearing is expected to begin shortly and youre watching live coverage on cspan3. Good afternoon. Ill call the committee to order. Today the committee will hear testimony from the Congressional Budget Office director phillip swagel. These projections account for the effects of the covid19 pandemic and legislation enacted in response to it and provide a window into the future of our financial state. This is dr. Swagels first time testifying since becoming the 10th director of the office. Unfortunately, the pandemic has delayed us from having him appear before this committee. I would like to thank dr. Swagel for being here and thank the cbo staff for working to provide congress with informed estimates at a time of unprecedented uncertainty and unusual working conditions. Cbos updated budget projections confirmed what we all know, that the economic disruption caused by covid19 and the federal governments ....
The highway, medicare and scattered showe social distance needed funding by 2031. [inaudible conversations] good afternoon, ill call this meeting to order. Today the committee will hear testimony from the Congressional Budget Office director, phillip swagel, on cbos updated budget and economic projection. These projections account for the covid19 pandemic and legislation enacted in response to it, and provide a window into the future of our financial state. This is dr. Swagels first time testifying before the Budget Committee since becoming the 10th director of the Congressional Budget Office. Unfortunately, the pandemic has delayed having him appear before this committee. Id like to thank dr. Swagel for being here today and id like to thank the cbo staff for working to provide congress with i ....
I would not say everything is fine. I guess with the fed would do is the regulations. The others interesting in light of the earlier question which is gary mentioned the idea of distinguishing at the treasurys insight mark getting functioning perks had they done that maybe they would not have kept it song in 2020. Quick as a reason why. We have to go but thank you very much. Thank you so much i love we are colorcoded. We did that on purpose. [laughter] and thank you so much. [applause] thank you to ai into the other cohost for having us here today. Not enough discussions and digging down deeper into some of the Drivers Behind it. We at the partisan center been working position for many, many years unfortunately not much is changed we ran a Debt Reduction task force way back in 2010 that was the shadow condition that president obama sat up. A few of those recommendations were ....
It is the last fiscal year 2023 and without an agreement government shuts down tonight. Federal workers will stop getting a paycheck. The house comes in at 10 00 a. M. Right after this program the senate, at noon. We are taking your calls on the possible Government Shutdown that is hours away. Democrats, 202 7488000. Republicans, 202 7488001. And independents, 202 7488002. We have a line set asi for federal employees, 202 7488003. You can also use that line to text us. We are on social media on facebook and x. Welcome to washington journal. I want to start with this article from capitol hill. Speaker Kevin Mccarthy on friday evening floated passing a clean continuing resolution without ukraine aid, marking a clear shift in the possibility he is willing to consider ending a shut down after being repeatedly undercut by his own party. The speaker did not commit putting a me ....