The Coronavirus Relief packages passed by congress. Good morning. I call this hearing to order. Without objection the chair is authorized to declare a recess at any time. I want to thank everyone especially our witnesses for joining us today for our committees hybrid hearing. I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceeding. So, please, keep your cameras on. And remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr965, staff have been advised to mute participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room and i thank you in advance for your commitment to a safe enviro
I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, staff has been advised to mute participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Secretary mnuchin, administrator carranza, thank you for being here today. Let me start by saying, i want to give a sincere thank you of to all of the staff of both of your agencies who have worked tirelessly over the last few months responding to the crisis.
And promotions staff within Population Health, and those folks are under this yellow block under operations, but that means that theyre also overseeing the Human Services, which is doing housing and feeding. [inaudible] within Population Health, and that modelling that theyre doing is both our normal work of taking in public results of Infectious Disease tests, but its also new work that i think is really an advancement of what we normally do in the department, working with outside assistance for modelling and making sure that we are able to project into the future. And that is led by jim marks, who is an anesthesiologist and many others in that structure. Go forward. Ill let you know that all of the guidance that comes out is part of the information and Guidance Group that is headed by reeta nguyen, dr. Rita nguyen, and she is part of Population Health and leads a team of doctors and physicians and they write all the research about what the current recommendations are. That group had
Unified parcel tax or city college parcel tax. With the School District there is a Program Available for seniors to be exempted from paying that tax if you live in the property or if you own that property. It depends which ballot measure it is. We encourage seniors to reach out to make sure you apply if you are eligible. That can save you Something Like 2 to 300 annually if not more. That is meaningful for many individuals. I think that is it in terms of property taxes, how it would work in terms of covid19 and savings available. Individuals over 54 and people have asked if i am over 54 and want to keep the tax basis and consider moving out of San Francisco, what are the criteria . Shannon, this is a property tax question for me. I will share it quickly. This is a question about can i transfer protected base value to another county. There are two programs available. First is an intercounty program. People living in San Francisco. It is called prop 60. The way that would work is essenti
We were talking about it with some of the smaller and midcap names. We saw some of the cruise line stocks, the casinos. The restaurants were on fire. Cracker barrel up 9 , 10 . Dont you like that . Caroline i have not been to a cracker barrel. Romaine exit through the gift store. Taylor this really all comes back to the data that we got this morning. June Industrial Production and july early numbers out of manufacturing all betterthanexpected. Are hearing from dances of the of Richard Bernstein advisors. Thank you for being with us. You take a look at the positive economic numbers. The big outperformance in the russell 2000 today. You said you were a little overweight on u. S. Versus the rest of the world. How do you think about that Going Forward . Smallcap producers getting a big win . Dan i think modest overweight on the u. S. Still makes sense, but i think moving that angry mental dollar outside the u. S. Makes more sense. Clear thatis very the data is Getting Better in the u. S. ,