WATCH LIVE: House Armed Services Committee holds hearing on Navy fiscal 2024 budget request

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WATCH LIVE: House Armed Services Committee holds hearing on Navy fiscal 2024 budget request
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The House Armed Services Committee is holding a hearing Friday morning to listen to the Navy's budget request for fiscal 2024.

The committee will listen to testimony from Navy Secretary Carlos Del Toro; Adm. Michael Gilday, chief of naval operations; and Gen. David Berger, Marine Corps commandant.The hearing will begin at 9 a.m. at the Rayburn House Office Building.

The Navy's plan is to get smaller to save money to get bigger in the long term, a strategy known as"divest to invest." However, some Republican lawmakers are more than skeptical about the plan. Even Democratic senators such as Chairman Jack Reed have concerns.The Navy has requested money for new ships, as well as permission to retire older ones. But what Congress decides will in part come down to Friday's hearing.

A principal concern among lawmakers is the looming threat of China in the Pacific and across the globe.

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