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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 wh ....
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 wh ....
This reason if we dont kill fossil fuels, they will kill us. We have very little time before we pass over climate system tipping points that will make it impossible for all of our efforts to try to stop Climate Change. If you dont get out of fossil fuels and use clean energy, were leaving a world uninhab uninhabitable for our children and grandchildren for tens of thousands of years. Lets make the right move, moral move, the move that divests from fossil fuels now. Thank you. Thank you very much. Up next, we have mary Jean Mary Jean [inaudible] thank you very much. Up next, eddie ahn, followed by john stinson, followed by jonathan coker, followed by betty holiday. Thank you very much. Up next, we have john stinson, followed by jonathan coker. Im john stinson. Im a 43year member of the pension fund. I came 30 minutes early to this meeting and you started 30 minutes late. I don ....
Im trying to add meat to the previous motion and now it needs more time. I think what is important here this is been a Monumental Task for staff. And there are things i asked staff back in july, to do that have been pushed back several months affect the portfolio, not just a small portion. If were going to focus on a small portion were missing the big picture. Governor brown said in the next downturn, pensions will be cut. We have people on one side of the room who hate us and want to cut us to nothing, like in san jose and we have people on the other side of the room that are supposed to support us and want to cut us down to nothing. What were trying to do is just things take a little bit of time. No one here is against what you are saying. Were just asking to give staff wiggle room so it can be thoughtful. Thats all. Excuse me. Governor brown is not going to be the governor for very much longer. For those that are going to vote ....
I made a motion, will you second that motion. Yes. I believe were all in the same page. Id like to call a vote. You can do a roll call vote. If you are in agreement vote yes and if not vote no. Im going to vote against this. I think that we have distribute hardest decision today was the one that we made 30 minutes ago. This is the easiest decision and yet we spent the more time talking about it. From a procedural perspective theres no reason to have two different timelines. We told staff to come in july. We asked them to come back with a plan, it should all happen at once. Staff has a ton of work on their plate and this is a real challenge for them and we have made a ton of progress in the last several months. Commissioner mackers wanted this a a we have worked hard to get this done and im telling you, i do not think they have the bandwidth to do this, im not vote are for this because its a matter of process. Ok. I support the motion. I believe this body is given staff every body they ....