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Lets give them a good round of applause. [applause] its a chock full day. Youll start hearing people give you insight to Social Security and a lot of it in depth of the actuarial perspective which are the lifeblood of the Social Security so youll be hearing but the key to this day, in my view and i hope to be here the whole day, is the last session real have a chance to put together a Social Security long term solvency program. Youll hear a lot of the options discussed and to do it yourself. This is an amazing city. I relocated here last july from new york, you might be surprised to think im f...

Cable television companies, and is brought to you today by your cable or satellite provider. Washington journal continues. The director of Economic Policy for the Bipartisan Policy Center is here to talk about the deal made yesterday, tying emergency disaster funding to the debt ceiling, and keeping the government running through december. Lets break down what is in the deal. The debt limit, what is it . The debt limit limits the amount that the federal government can borrow. Right now, we have close to 20 trillion in outstanding debt. Congress has put a limit on that amount. We have reached t...

Today we will hear testimony from the director of the office of management of budget, the monon honorable Mick Mulvaney. I want to thank him for being here to discuss the president s budget and spending priorities. We look forward to hearing his remarks. While article one gives congress the power of the purse the federal budget is a collaborative process. The administration, this committee and counter parts Work Together to build a budget that reflects our unified priorities over the same time period economic stagnation lead Congressional Budget Office to continually downgrade projects for Eco...

Today we will hear testimony from the director of the office of management of budget, the monon honorable Mick Mulvaney. I want to thank him for being here to discuss the president s budget and spending priorities. We look forward to hearing his remarks. While article one gives congress the power of the purse the federal budget is a collaborative process. The administration, this committee and counter parts Work Together to build a budget that reflects our unified priorities over the same time period economic stagnation lead Congressional Budget Office to continually downgrade projects for Eco...

Rillion over 10 years. This part of the hearing is just over 2 hours. The hearing will come to order. Welcome to the committee on the Budget Hearing for today we will hear testimony from the director of the office of management of budget, the mononor honorable ce of management and budget, the onorable Mick Mulvaney. Good morning, once again, to everyone. Mulvaney fornk mr. Being here today to discuss the president s budget and spending priorities. We look forward to hearing his remarks. Priorities. To achieven budgets a balance. Over time, the Congressional Budget Office able to continually do...