representative john yarmouth of kentucky as chairman of the house budget committee and he gave the democraticddress discussing the trump proposal.tion budget here is a statement from president trump on the economy. trump: look at what is happening with jobs and unemployment right now in our country. we have more people working by far than ever before. almost

senate budget committee and this cbo works through the house budget committee, chaired by chairman john yarmouth from kentucky, and on the senate side , the senator from wyoming. the senators have put forth a bipartisan proposal for budget reform and it is very interesting. it is worth careful scrutiny. doesn't have a view about what the right budget process is because we will follow the process and follow whatever congress says it is. one challenge i should note is, on the pay go side, there is a protect -- a sense that pay go would be a step in the direction of this color adjustment as opposed to not paying for new spending or a lower revenue. but there is a sense in which it makes adjustment more difficult because anything that is paid for is not available to deal with the existing imbalance. it is like the low hanging fruit is being taken away by pay go. pay go is a step, but sometimes it is not a solution. it in a sense makes the adjustment more difficult. >> a couple questions about your projection, your reduced project -- projection for corporate revenue. you mentioned we might see more o

john yarmouth said, quote, congress will stand firm against this president's broken promises and his disregard for the human costs of his destructive policies the white house is also forecasting an average of 3% gdp growth over the next 15 years. there are no new economic proposals in this budget but there is a $1.4 trillion placeholder for tax cuts 2.0. >> thank you for that. we have a lot more on the budget in the 8:00 hour with acting omb russell voigt. >>> history was made at the oscars, because i actually saw an hour of that before i retired early. i'm going to tell you about this and then make it all about me. south korea's "parasite" took top honor. first time a non-english film claimed the award. they also won best director, best screenplay and international film i was unable to do draft kings out in california. when i got back -- >> betting on the oscars. >> i bet on the oscars with my son's advice i was unable to figure out a parlay he wanted me to do best original screenplay and he wanted me to do -- everything he told me to down, including my bet on "parasites" for best p

i spoke with john yarmouth, the chair of the house budget committee and here is what he had to say. two but i'm not as strong as nancy. the house won't adopt the budget this year. there is already a budget accord setting spending levels for the year. the party is now weaponized. >> if you want the animosity -- i won't hold one on this president's budget for that reason. let me repeat that. because it turns into diatribe against the president i did not hold a hearing on president obama's last budget. and for that same reason i'm not going to hold a hearing on this president's budget. >> both sides recovering from a post impeachment hangover trying to determine what is next. some democrats worry impeachment could put out other goals. >> when you think about it, most of us for most of the last six months have spent more of our time on things like trade and infrastructure and cost of prescription drugs than we ever did on impeachment. >> don't forget amid all this acrimony they still managed to pass the usmca. there might be a focus on trying to get something on infrastructure or perhap

thank you. ,> i am john yarmouth congressman for kentucky's third congressional district. president trump released his budget last week for fiscal year 2021 presenting a patchwork of broken promises, destructive cuts, and a rational policies that ignore basic facts that target working families and vulnerable americans. congress already has a budget in place for this year and the next and we will stick to it. just six short months ago, the president signed a bipartisan budget deal into law. now, the president is going back on his word. in contrast to this agreement, his proposed deep cuts to critical programs that help american families and prepare our nation for the future. once again, he is breaking

thank you. ,> i am john yarmouth congressman for kentucky's third congressional district. president trump released his budget last week for fiscal year 2021 presenting a patchwork of broken promises, destructive cuts, and a rational policies that ignore basic facts that target working families and vulnerable americans. congress already has a budget in place for this year and the next and we will stick to it. just six short months ago, the president signed a bipartisan budget deal into law. now, the president is going back on his word. in contrast to this agreement, his proposed deep cuts to critical programs that help american families and prepare our nation for the future. once again, he is breaking his promises and lying to the american people. less than a week after the president promised that medicare and social security would not be touched, his budget cut medicare half a trillion dollars and social security benefits by at least $24 trillion. he promised never to cut medicaid but his budget slashes the program by $900 billion. it threatens the health care needs of sen