Home
RECENT NEWS
Good afternoon. Welcome.
Today's hearing is on the Army's fiscal year 2024 budget request for military construction and family housing.
It is a great pleasure to be here today with the Honorable Rachel Jacobson, Assistant Secretary of the Army for Installations, Energy, and Environment and Lieutenant General Kevin Vereen, Deputy Chief of Staff G9, Installation Management Command.
I had the opportunity to speak with Ms. Jacobson last week. We discussed challenges and opportunities for the Army in INDOPACOM as well as the importance of childcare facilities for our soldiers and their families. I look forward to continuing our discussion today.
Investing in facilities and infrastructure is critical to supporting our soldiers and their families. These investments directly impact the way our soldiers train, sleep, eat, and take care of their families. It is important to me that we continue investing in infrastructure.
Mr. Secretary, thank you for being here today to discuss the fiscal year 2024 budget request for the Department of State, and thank you for your service to our country.
Before I get to the budget, I want to start by raising concerns on what I believe have been serious blunders that have damaged relationships with our allies and emboldened some of the most dangerous, anti-American actors throughout the world.
Here are some examples.
The abrupt withdrawal from Afghanistan resulted in the creation of 13 new Gold Star families and the horrific abandonment of those who risked their lives to help us.
Now, women and girls are trapped in their homes, unable to receive an education, and are raped, maimed, or killed if they dare to attempt to earn a living, read a book, or walk outside without a male escort.
The Defense Subcommittee will come to order.
Today, the Subcommittee will receive testimony from:
- the Honorable Lloyd Austin, Secretary of Defense;
- General Mark Milley, Chairman of the Joint Chiefs of Staff;
- and Undersecretary Mike McCord, the Department's Comptroller and CFO.
The Department of Defense is requesting $825 billion within this subcommittee's jurisdiction. This is a modest increase from fiscal year 2023 levels, particularly as we enter the middle of a decisive decade for the security and prosperity of our nation and the world.
In many ways, the Biden Administration has put the United States at a serious disadvantage.
The Subcommittee on Financial Services and General Government will come to order. Welcome to our first subcommittee hearing of the 118th Congress.
Appearing before the Subcommittee today is Treasury Secretary Janet Yellen and Office of Management and Budget Director Shalanda Young. Thank you for joining us this afternoon. We were looking forward to receiving testimony from Council of Economic Advisers Chair Cecilia Rouse but wish her well.
We are here today to discuss the Administration's Fiscal Year 2024 budget request and our Nation's economic outlook.
This hearing has not occurred in over a decade, and it could not be timelier as we are in the midst of great economic turmoil. It is of my opinion that the reckless spending and out-of-control regulatory expansion unleashed by President Biden and Democrats has pushed us into a recession. It has been anything but a transitory cycle.
