that they'd like to insert.
mr. donovan, i want to thank you
again for your time today.
the committee has received your
written statement and it will be
made part of the formal hearing
record.
you have five minutes to deliver
your oral remarks and you may
begin when ready.
>> thank you, chairman price,
ranking member van hollen,
members of the committee.
thank you all for welcoming me
here today to present the
president's 2016 budget.
in my first few months i've
heard from so many of you on
both sides of the aisle the need
to get back to regular order on
our budget process and i hope
that this on-time budget that
i'm presenting today is the
first step in helping us do
that.
the budget comes on the heels of
a break-through year for america
and builds on our economic and
fiscal progress, including the
fastest job growth since the
1990s and the fastest sustained
period of deficit reduction in
60 years.
the budget is a blueprint for
the president's vision for
middle class economics in...