Commerce, Justice, Science, and Related Agencies

Thank you, Chairman Cole and Ranking Member McGovern, for allowing me to testify on the Limit, Save, Grow Act.

I want to start by thanking Speaker McCarthy, Leader Scalise, Ways and Means Chairman Smith, and Budget Chairman Arrington for their hard work on this bill.

I hope the President will come to the table and work with us to ensure our nation does not default on our debt.

I want to highlight one very straightforward idea included in this package: to rescind funds that are not needed at this time and redirect them to other priorities.

Good morning.

The Subcommittee will come to order. Without objection, the Chair is authorized to declare recesses at any time.

I would like to welcome everyone to our hearing on the Fiscal Year 2024 budget request for the National Science Foundation. Thank you to our Subcommittee Members and to our witness, Dr. Panchanathan, Director of the NSF, for being here today.

Good afternoon.

The Subcommittee will come to order. Without objection, the Chair is authorized to declare a recess at any time.

Senator Nelson, it is good to have you back here visiting the Subcommittee to help us examine NASA's fiscal year 2024 budget request.

The Biden Administration is requesting $27.2 billion in funding for NASA – a roughly 7% increase over the fiscal year 2023 enacted level. And as you know, Congress also provided $367 million in emergency funding for NASA Construction and Environmental Compliance in fiscal year 2023.

The Subcommittee will come to order. Without objection, the Chair is authorized to declare a recess at any time.

I would like to welcome everyone to this afternoon's hearing. Thank you to our Subcommittee members and to Secretary Raimondo for being here today. I will begin by recognizing myself for an opening statement.

The Department of Commerce's mission of promoting job creation and economic competitiveness is critical to our economy and to furthering American innovation.