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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.
I would like to welcome everyone to our second hearing of the day – a hearing on the Fiscal Year 2024 budget request for the Department of Commerce Office of Inspector General. Thank you to our subcommittee members and to Inspector General Gustafson for being here today.
Inspectors General serve as independent watchdogs within government and are a critical resource for Congress and for taxpayers.
Inspector General Gustafson, your office's oversight of the Department of Commerce is critical to ensuring that the immense amount of mandatory and discretionary funding appropriated to the Department is spent in the best interest of the taxpayer and consistent with the Department's mission to foster economic growth and opportunity for all.
The fiscal year 2024 budget request for the Department of Commerce Office of Inspector General is $53 million, an increase of $5 million – or 9% – over the fiscal year 2023 enacted level.
WASHINGTON – Today, House Appropriations Chairwoman Kay Granger (TX) released the following statement in response to the Democrats' assumptions and speculations on spending cuts.
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.
