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Feb 14, 2024
02/24
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macguineas. i am someone who has looked at the projection put out by the cbo. they represented members and billions is so what i did was added to zero so it could be represented in hundreds of millions. so i could get my head around it and the numbers for 2023 would be an income of 44,000 with expenditures, and a debt on your credit card of 324,000. those are scary numbers. if i'm making 40,000 a year and i owe 324,000 on my credit cards , i am not sleeping at night. when you go out 10 years, are these numbers reflect the unfunded liabilities for social security and medicare? on the cbo reported says these are the numbers of laws remain the same. i'm assuming these 20 84 numbers don't reflect a hundred 50 trillion going out in the next five years. are these numbers reflective of the unfunded liabilities? guest: that is a great question. they are very sophisticated and i love that you are doing these numbers you should come with us and look at our numbers. on baseline day where running around with all of our numbers and you sound like you belong right there. the
macguineas. i am someone who has looked at the projection put out by the cbo. they represented members and billions is so what i did was added to zero so it could be represented in hundreds of millions. so i could get my head around it and the numbers for 2023 would be an income of 44,000 with expenditures, and a debt on your credit card of 324,000. those are scary numbers. if i'm making 40,000 a year and i owe 324,000 on my credit cards , i am not sleeping at night. when you go out 10 years,...
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Feb 16, 2024
02/24
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host: we are joined by maya macguineas from committee for a responsible federal budget. let's start with what is the organization and what position you take on the federal budget? guest: we have one of the worst acronyms ever, the committee for a responsible budget. i am a political independent. i have been with the office for 20 years. we have a board of directors focused on budget committees, the budget office, office of budget management. the main effort is fiscal responsibility. it's not balancing the budget, small or big government. it's about borrowing money based on economics. during covid it makes sense to borrow. but when we are strong it does not make sense to borrow. we are neutral on the political alignment. we have diverse staff. host: how is your organization funded? guest: foundation and small donors. we get checks for 25, $50. we have small donors but mainly big foundations are where we get our funding. host: i want to put up on the screen, the findings of the cbo who said the deficit will grow from 1.6 trillion in 2024 to 2.6 trillion. overall, your reac
host: we are joined by maya macguineas from committee for a responsible federal budget. let's start with what is the organization and what position you take on the federal budget? guest: we have one of the worst acronyms ever, the committee for a responsible budget. i am a political independent. i have been with the office for 20 years. we have a board of directors focused on budget committees, the budget office, office of budget management. the main effort is fiscal responsibility. it's not...
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Feb 14, 2024
02/24
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macguineas. i am someone who has looked at the projection put out by the cbo.represented members and billions is so what i did was added to zero so it could be represented in hundreds of millions. so i could get my head around it and the numbers for 2023 would be an income of 44,000 with expenditures, and a debt on your credit card of 324,000. those are scary numbers. if i'm making 40,000 a year and i owe 324,000 on my credit cards , i am not sleeping at night. when you go out 10 years, are these numbers reflect the unfunded liabilities for social security and medicare? on the cbo reported says these are the numbers of laws remain the same. i'm assuming these 20 84 numbers don't reflect a hundred 50 trillion going out in the next five years. are these numbers reflective of the unfunded liabilities? guest: that is a great question. they are very sophisticated and i love that you are doing these numbers you should come with us and look at our numbers. on baseline day where running around with all of our numbers and you sound like you belong right there. there are
macguineas. i am someone who has looked at the projection put out by the cbo.represented members and billions is so what i did was added to zero so it could be represented in hundreds of millions. so i could get my head around it and the numbers for 2023 would be an income of 44,000 with expenditures, and a debt on your credit card of 324,000. those are scary numbers. if i'm making 40,000 a year and i owe 324,000 on my credit cards , i am not sleeping at night. when you go out 10 years, are...
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Feb 14, 2024
02/24
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host: maya macguineas president the speaker pro tempore: the house will be in order. pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are ordered or votes object jeghted to under clause 6 of rule 20. the house will resume for what purpose does the gentleman from texas seek recognition? >> mr. speaker, i move the house suspend the rules and pass h.r. 5375 as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 5375, a bill to require the strategy for bolstering, engagement and corporation between the united states, australia, india, japan, and seek to establish a quad enter parliamentary working group to facilitate closer corporation on shared interest and values. the speaker pro tempore: pursuan t to the rule, the gentleman from texas, mr. self, and the gentleman from new york, mr. meeks, each will control 20 minutes. the chair recognizes the gentleman from texas. mr. self: i ask unanimous consent all members have fi
host: maya macguineas president the speaker pro tempore: the house will be in order. pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are ordered or votes object jeghted to under clause 6 of rule 20. the house will resume for what purpose does the gentleman from texas seek recognition? >> mr. speaker, i move the house suspend the rules and pass h.r. 5375 as amended. the speaker...