Cspan. Org. New york Times Economics and tax reporter joins us now via zoom for the conversation about joe bidens campaign you series of economic plants. The first of which was released last week. The second came yesterday. He first explained the pitch that the Biden Campaign was making would these spending and Economic Investment plans. Thank you so much for having me. Its a pleasure to be here. Which will biden is trying to do is counter President Trump on the economy. President won election in part on the string of a very populous pitch for workers who feel left behind and in the current economy and in particular, biden making lots of appeals to the industrial midwest about manufacturing. The first part of joe bidens new plan that he put out last week its called build better back or build back better. It is an alliteration. A little like a little laugh love of the economy. What the vice, the former Vice President wants to do with that plan is to promote much more of a by american et
Regulations members are required to leave their cameras on the entire time they are in an official proceeding, even if they step away from the camera. This is an entirely remote hearing and as such the Committee Ruling will be closed and members who choose to sit with their individual devices in the hearing room must wear headphones to avoid feedback echoes and distortion resulting for more than one person in the room on the Software Platform as has been reported by the committees. They also are excited to adhere to social distancing and safe healthcare guidelines including masks, gloves and wiping down their area both before and after their presence in the hearing room. While a roll call is not necessary to establish a quorum, whatever there is an official proceeding with low participation the clerk will call the roll to help make clear who is here at the start of the proceeding. I will ask the clerk to call on the role. Madame clerk. [roll call] [roll call] [roll call] [roll call] [r
[roll call] [roll call] pursuant to Committee Rule Opening Statements is limited to the chair and Ranking Member and this allows to hear from our witnesses sooner and provides members and adequate time to answer questions. I now trigger myself for an opening statement. Before i deliver the opening remarks i must first acknowledge the recent protests against Police Misconduct in in favor of Racial Equity and justice across the nation. Times are demanding and we address this countrys centuryold challenges and with todays hearing we can be prepared to answer the call to Racial Equity and justice in education. I want to note this hearing marks the committees first fully remote hearing pursuant to House Resolution 965 and accompanying regulations. To date we will examine how covid19 pandemic has directly impacted his state and local government revenue and how projected state and local government shortfalls to further exacerbate educational inequities rooted in a with the inequities rooted a
[inaudible conversations] we are going to get started. Thank you. Good morning. The hearing will come to order. I thank everyone for joining us this morning and i want to especially thank my colleagues for joining us today for the House Committee on business hearing the response to covid19. We have had a hard stop act once again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Payc
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio