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The Subcommittee on Financial Services and General Government will come to order.
Good afternoon, everyone, and Chair Gensler, welcome back to the Subcommittee. My colleagues and I are looking forward to today's conversation with you.
The nation's economy remains in a precarious position. The banking sector is in a state of unrest, prices continue to be inflated due to excessive spending, and the country's debt is on an unsustainable trajectory. Yet, this Administration is proposing a budget that is more of the same.
The Subcommittee on Defense will come to order.
Today, the Subcommittee will receive testimony on the posture of the United States Army.
First, I would like to welcome our two witnesses:
- Secretary of the Army Christine Wormuth, and
- General James McConville, the Chief of Staff of the Army.
Thank you for joining us. We look forward to your testimony.
Good Morning, Mr. Secretary. It is my pleasure to welcome you to the Subcommittee on Labor, Health and Human Services and Education for our very first budget hearing of the year, which happens to also be my first budget hearing as Chairman. We are looking forward to hearing your testimony.
The hearing will come to order.
Good afternoon and welcome back, for the second time today, to discuss the President's budget proposal for FY 2024.
Earlier this morning, Secretary Haaland with the Interior Department joined us and now we are pleased to welcome Administrator Regan from the Environmental Protection Agency. Thank you for being here today, Administrator Regan.
As you know, I previously served as Chairman of this subcommittee, and I'm very excited to be back in this role again.
