I want to thank gary for his to improve rts Economic Development and wish im nothing but the best in a elldeserved retirement. Mr. Speaker, i rise to bring attention to kentuckys avoidable economic failures during this very serious pandemic. Unfortunately covid19 has taken a harsh toll on the economies of all 50 states. However, harmful policies from democratrun states have only made the problem worse. At a time when we should be encouraging the safe reopening of our economy, kentuckys governor recently issued an order shutting down schools and indoor dining. Kentuckys restaurants were already suffering from the last round of shutdowns. And this shortsighted order will only cause more pain and suffering. To make matters worse, our governor is producing no data to justify the need to shut down businesses which have dramatically adjusted to the challenges presented by covid19. And in the end of inperson learning will only create more challenges for students and teachers. Furthermore, it
End and a Pacific Region and they also discuss china handling of coronavirus pandemic. This is just over two hours. The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficult to figure out when they showed up virtually, we will go on seniority. If that is agreeable with everyone, that is what we will do. Today, we welcome three witnesses to talk with us. Julie chung is here. We appreciate you all being here this morning. Will be talking about china presents us with many challenges. Opportunities as well but right now, challenges. There has been a lot of legislation introduced as far as china is concerned. There was a bill that we introduced earlier this year. That as early as today or yesterday, the minority introduced a bill of which senator schumer is the lead sponsor of the bill. In any event, this is not a partisan issue. This is an american issue. When i put the bill
I have a brief Opening Statement here before i take your questions. Yesterday, secretary of the treasury, donald regan, sent to the congress a request to raise the debt ceiling to 985 billion. This represents a dramatic jump of 50 billion over the previous debt ceiling. The administration took this action with great regret because it is clear that the massive deficits our government runs is one of the root causes of our profound economic problems. And it, for too many years, this process has come too easily for us. We have lived beyond our means and then financed our extravagance on the backs of the American People. The clear message i received in the Election Campaign is that we must gain control of this inflationary monster. Let me briefly review for the American People what we have already done. Within moments of taking the oath of office, i placed a freeze on the hiring of civilian employees in the federal government. Two days later, i issued an order to cut down on government trav
The committee will come to order. Thank you all for coming today, i dont think all of you for being here. It is our honor to have the deputy secretary of state here to testify on u. S. Policy regarding peoples republic of china. I originally defaulting back in march, however, our need to focus on the Community Protests from doing that. It is important this committee continue its work on its most committing Foreign Policy challenges, obviously china is one of those. As a complete mistrust correctly recognized, china is a strategic in global competitor of the United States. It would be the greatest Foreign Policy challenge the United States faces in decades to come. Policies of the Chinese Communist party undermine u. S. Interests and values, as we share with partners around the world. Covid19 has brought this challenge the fork front of american life. We now know just how much the Chinese Communist partys decisions and actions directly affect u. S. Citizens, our allies and partners in t
Action with great regret because it is clear the massive deficits our government runs is one of the root causes of our profound economic problems. Too many years, this process has come too easily for us. We have lived beyond our means and then financed our extravagance on the backs of the American People. A clear message i received in the Election Campaign is that we must gain control of this inflationary monster. Let me briefly review for the American People what we have already done. Within moments of taking the oath of office, i placed a freeze on the hiring of civilian employees on the government. Two days later, i issued an order to cut down on government travel, reduce the number of consultants to the government, stop the procurement of certain items, and call my employees to exercise restraint in their own offices. Yesterday, i announced the elimination of remaining federal controls on marketing p at today, i am announcing two more actions to reduce the size of the federal gover