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FEDERALhearing transcript

High Impact

Senate Budget Committee Hearing on the President's 2024 Budget Proposal

Original title: THE PRESIDENT'S FISCAL YEAR 2024 BUDGET PROPOSAL

January 1, 2023

federal budget fiscal policy social security medicare childcare tax code paid leave

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The Frame

What this does

This hearing serves as the formal legislative review of the President's proposed federal spending plan, which outlines potential changes to taxes, social programs like Medicare and Social Security, and funding for childcare and family leave.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Parents of young children

The budget proposal includes expanded childcare options, universal pre-K, and the restoration of the child tax credit.

Workers

The proposal includes a guarantee of up to 12 weeks of paid family and medical leave.

Medicare and Social Security recipients

The budget proposal includes specific measures intended to strengthen these programs.

What changed

Last recorded activity January 1, 2023.

What's next

Next step not available in the current record.

Summary

The Senate Budget Committee held a hearing on March 15, 2023, to review President Biden's proposed federal budget for 2024. The session featured testimony from Shalanda D. Young, Director of the Office of Management and Budget, and included opening statements from committee members regarding the administration's spending and policy priorities.

Key Facts

The hearing took place on March 15, 2023, in the Dirksen Senate Office Building.
The budget proposal includes provisions to lower household costs and strengthen Medicare and Social Security.
The proposal aims to increase childcare options for 16 million children.
The proposal includes funding for universal pre-K access for four-year-olds.
The proposal seeks to restore the full child tax credit.
The proposal includes a guarantee of up to 12 weeks of paid family and medical leave.
The proposal aims to reduce the costs of prescription drugs and college education.
The proposal includes improvements to Medicaid's home and community-based services.
The proposal includes measures to reduce the federal deficit and modify the tax code.

Why It Matters

Frequently Asked Questions

What is the purpose of this hearing?

The hearing allows members of the Senate Budget Committee to review and question the administration regarding the President's proposed budget for the 2024 .

Who testified at this hearing?

Shalanda D. Young, the Director of the Office of Management and Budget, provided testimony.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Emphasis on Social Infrastructure

The budget proposal explicitly prioritizes social infrastructure, including childcare, paid leave, and education, as central components of the fiscal plan.

Office of Management and Budget

Connected Entities

personShalanda D. Young“Director of the Office of Management and Budget and primary witness.”Map →

organizationOffice of Management and Budget“Federal agency responsible for the President's budget proposal.”Map →

personCharles E. Grassley“Ranking Member of the Senate Budget Committee.”Map →

personSheldon Whitehouse“Chairman of the Senate Budget Committee.”Map →

organizationSenate Budget Committee“Congressional committee overseeing the budget hearing.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance85
How much this matters to a regular citizen
Controversy60
Intensity of disagreement among stakeholders
Entertainment20
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level

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