Action well, that point has now been rendered moot. So, you have been reappointed to the committee. And all members can participate fully. Okay. Okay. All right. The chair will recognize himself and then the Ranking Member for purposes of making an opening statement. The committee on benghazi exists because the house of representatives voted for it to exist. And in the process made it very clear what is expected. If you have not read the House Resolution authorizing this committee, i would encourage you to do so pop. For those asking for a road map or a scope of the investigation or want to know what the committee intends to do the resolution passed by the house of representatives i hasten to add, with seven democrats voting yes, answers all of those questions. The resolution asks this committee to investigate all policies decisions, and activities related to the attacks, the preparation before the attacks, the response during the attacks, efforts to repel the attacks, the administrati
Thomas j. Rooney to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore the prayer will be offered by the guest chaplain Lieutenant Commander james dance, chaplain United States navy, office of the chief of navy chaplains, washington, d. C. The chaplain let us pray. Eternal god, we acknowledge that the earth is yours and the fullness thereof. The world and day that dwelled therein. Because of whom you are, we deem it imperative that we seek you for wisdom and guidance as we endeavor to opiate another session of the house during which we shall attend to the interests of the American People. Help us to temper our conversations of humility and patience as we give Due Diligence to the work that has been assigned to our hands. May we be embeaued with a renewed sense of passion, purpose and patriotism. As we strive to serve this great nation that we all love. Bless these, our United States. It is in your most holy
Saved kur consumers a lot of money. The other thing when we go to save rules or law in financial area to protect consumers were met with criticism its going to dry up access to credit. Nobody will lend if they have to protect consumers, like its a horrible, unmentionable, impossible to understand objective. In this case, what we were able to determine was that the access to credit issues were limited. To the extent there was constriction in access to credit parcelled out in the crisis which caused restrictions on access to credit, they were in terms of product lines utilized by consumers, theres still plenty of unused product line. It was cut back in that regard. Some intended by the act. There were a lot of concerns about College Students going off to college, leaving home, having credit cards actively marketed to them and getting into credit where they had no apparent income to repay. I remember when i was treasurer in ohio hearing a lot of heartburn about that. That was intended eff
Systems. 28 of the 33 oecd countries have territorialtype tax systems. Is it accurate that a u. S. Corporation is at a disadvantage . Doctor, if you could, i brief answer because i want to recognize senator grassley. Yes. We develop neutrality. It does not matter where the dollars go but who owns what. And its clear of the manifestation that u. S. Firms arent good owners because of taxation of assets around the world. And its better to be domiciled somewhere else. Thank you. Mr. Chairman, heres what id like to do with my five questions. I want to ask mr. Stack a question, let him think about it 4 1 2 minutes, led him read a statement. Colleagues, at this point, we have had a vote called i think its the consensus of the members that well have to break because here in. Well get as far as we can. Senator. Mr. Stack, this is a question id like to have you think about. The treasury has recently informed me it has finally begun work on a report mandated by the american job creation act to st
Lot of this, in the shorm term, 1 going to come out of readiness. Id know as a reporter, i find it a little bit difficult to attract readiness across the floor so large that does so many different things. What does that really mean. If theyre going to have to face cut ins readiness, how does that translate into the real world and what should we be looking for in terms of maybe a red flag over the next few years. What should we be looking for. Readiness is a tough thing to understand. We know what it means when the force is not ready and not able to do the job that it needs to do. I always thought of the operations account when i worked on the appropriations committee. It was kind of like a black hole. You put money in, but youre not quite sure what comes out on the other end. I think it was gordon england who described it as this great river of money that flous through the pentagon that they dont know what its for. As far as readiness, how you track it, its a very tough thing to do. If