President's Fiscal Year 2015 Budget, Hearing Before the Committee on Finance, United States Senate, One Hundred Thirteenth Congress, Second Session, March 5, 2014 [open pdf - 4MB]
This is the March 5, 2014 hearing on "President's Fiscal Year 2014 Budget" held before the U.S. Senate Committee on Finance. From the opening statement of Ron Wyden: "This conversation on the budget is different than it has been in recent memory, because this year the Congress is actually operating under a bipartisan budget agreement, and the government is not closing down. So there is an opportunity to pivot from these budget battles and to focus on the big challenges before the country. I would submit that the top challenge is sustaining and expanding our middle class. Today, America has what I call a ''Dollar Tree--Niemen Marcus economy.'' As has been noted in several publications, the bargain stores are doing well, and the high-end retailers cannot keep enough of the expensive items in stock. But stores that cater to the middle class are hurting. Every one of our big economic challenges depends on sustaining and growing the middle class. And, just briefly, I will tick off a few areas where we can boost that cause." Statements, letters, and materials submitted for the record include those of Ron Wyden, Orrin G. Hatch, and Jacob J. Lew.
S. Hrg. 113-437; Senate Hearing 113-437
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