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June 29, 2024
Georgia for his comments. We will begin. Thank you to the committee for the opportunity to make these statements as we go into this important process here in the budget committee. First, i have to make these comments, calling this a budget is really a sham. It is not a real budget. That is because it is not really a law, it is a resolution. Everything can be ignored. There are no consequences. The only reason this process is necessary is to get tax reform. The entire budget process is broken. It...
June 29, 2024
To 10year bond market. Yields moving down by six basis points. There were concerns. Those have dissipated and the rally is pretty strong. Sterling down. 5 of 1 . Three week low. Serious shade being thrown at theresa may today. Jonathan its one of the cruelest things ive ever had to watch from a politician for quite a while. David it was an important speech. Jonathan the letters dropping off the wall behind. Couldnt have gone much worse. Alix david . David time for the morning brief. Coming up, w...
June 29, 2024
Later in our video library. Well leave now as the u. S. House is gaveling in for legislative work, taking up five bills including measures on hezbollah sanctions. Later today, theyll also begin debate on the 2018 budget resolution, including that path forward on tax reform. Theyll take up the rules for debate for tomorrows bill. Live house coverage on cspan. Senator capito [captions Copyright National cable satellite corp. 2017] [captioning performed by the national captioning institute, which i...
June 29, 2024
Recognized for one hour. I appreciate that. I would like to yield 30 minutes to my friend from massachusetts. Without objection. The gentleman is recognized for his much time as he would like. Thank you mr. Speaker. It is budget day. I dont know if you are excited about that. To be fair, i sit on the budget committee. I have a great honor sitting on the rules committee. By day i serve on the budget committee. We have been working since january to produce a budget for the United States of america...
June 29, 2024
They expect to finish the budget gentleman from georgia is recognized for one hour. Mr. Woodall thank you very much. And id like to say during consideration of this resolution all time is yielded for purpose of debate only. I yield 30 minutes to mr. Mcgovern pending which i yield myself as i may consume. The speaker pro tempore the gentleman is recognized. Mr. Woodall i would like to ask unanimous consent that all members may have five legislative days to revise and extend their remarks. The spe...
June 29, 2024
Earlier today, the u. S. House debated the 2018 budget resolution which sets overall 2018 federal spending at 1. 13 trillion. The measure also requires committees to work on tax reform. The house passed the bill 216212 after the Senate Approved it last week. Well show you the house floor debate from this morning. Its an hour and a half. Tennessee. From mrs. Black thank you, mr. Speaker. I yield myself such time as i may consume. Tennessee. Mrs. Black thank you, mr. Speaker. I yield myself such t...
June 29, 2024
We ask your blessing now on the whose of this house responsibility lies also beyond the local interests of constituents while honoring them. Give each member the wisdom to represent both local and National Interests and responsibility calling for the wisdom of solomon. Grant them, if you will, a double portion of such wisdom. Bless us this day and every day and may all that is done within the peoples house be for your greater honor and glory, amen. The speaker the chair has examined the journal ...
June 29, 2024
At 1. 32 trillion and require federal committees to work on tax reform. Heres a look at some of the debate from the house floor. This runs about an hour and a half. Concurrentsupport of 71. T of Senate Amendment house concurrent resolution 71, the budget resolution for fiscal 2018. Passing a budget is never easy and has once again been a challenge this year. But i am encouraged with where were now and i am pleased that the senate did its work by approving a budget. One that we can support in ord...
June 29, 2024
Unsustainable mandatory spending, and that hasnt changed. The growing burden of debt caused by mandatory spending is a real problem that cannot be ignored. We owe it to the American People to do something to offer serious reforms that ensure Government Programs are financially sustainable and working well for generations to come. And i think we will tackle this important issue in the future. A choice. Dont have but despite any shortcomings of the Senate Passed budget, i am encouraged that it doe...
June 29, 2024
Strongly about addressing unsustainable mandatory spending, and that hasnt changed. The growing burden of debt caused by mandatory spending is a real problem that cannot be ignored. We owe it to the American People to do something to offer serious reforms that ensure Government Programs are financially sustainable and working well for generations to come. And i think we will tackle this important issue in the future. A choice. Dont have but despite any shortcomings of the Senate Passed budget, i...