Coronavirus pandemic and Environmental Impact on lowincome communities. Recognized mr. Ali, recognizer five minutes. Recognized for five minutes, sir. [inaudible] you might have to unmute. Can you hear me now . Weaken your you know. You have five minutes please. You missed the best part. Chairman tocco, Ranking Member shimkus and members of the committee on behalf of the National Wildlife federation are 52 state and territorial affiliates in more than six main members, and a thank for the honor of testifying before you today. I was thinking about this testimony, and i was raised and family about this and pentecostal ministers, and my grandmother came to my might and she stepped a favorite verse, and it said do you know what it want . I want justice, oceans of it. I want fairness, rivers of it. Thats what it i want. Thats all i want. My grandmother used to say when you know better, do better. Todays hearing comes at a critical moment in the history of our country. Outline communities ar
Yet to be spent and frankly much of which we dont know what the actual need is out there until we have a better sense for what the revenue loss is to a lot of our state and local governments. They are sounding the alarm and justifiably worried about what happens if the downturn in the economy continues and what that might mean to their revenues. They are looking to washington, d. C. For assistance, and i think that as i said earlier in the cares package, there was 150 billion dollars that went out to state and local governments and there have been concerns about how those funds can be used. They were stipulated they had to be used for covidrelated expenses, and many state and local leaders were concerned that that did not give them the flexibility they needed to meet other types of needs. Well, the Treasury Department has in the past few days, madame president , come out with an interpretation that would allow those dollars, the 150 billion dollars already appropriated to be used to pa
Heavens that bring blessings to our earthly pilgrimage. Today, guide our lawmakers with your glorious wisdom. In the greatness of your majesty, fulfill your purposes for their lives as you order their steps. Show them such unfailing love that they will walk before you in wholehearted devotion. Lord, place your Healing Hands upon our nation and world, delivering us from this Global Health crisis. We pray in your powerful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance i pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley permission to speak in morning business for 90 seconds. The presiding officer without objection. Mr. Grassley my iowa offices are located in cedar rapids, council bluffs, davenport, doims, sioux city and waterloo. My state
Colleagues have come to the floor and spoken here or elsewhere about the importance of providing assistance to state and local governments, and that if that doesnt happen that theyre there are going to be police officers, First Responders and people who have essential jobs that we rely on every single day and for whom were so grateful, that wouldnt be able to get paid. I would just point out that already as part of the Coronavirus Relief measures that congress has passed, there was 150 billion sent to state and local governments, much of which has yet to be spent. And, frankly, much of which we dont know what the actual need is out there until we have a better sense for what the revenue loss is to a lot of our state and local governments. Clearly they are sounding the alarm and are justifiably worried about what happens if the downturn in the economy continues and what that might mean to their revenues. And so they are looking to washington, d. C. For assistance, and i think that as i
Welcome to the twilight of the index funds. I think thats the great untold torrey er t story. For years, lots of very smart people told us that index funds were the best, if not the only way to invest. Instead of trying to beat the market, they argue that you should just buy a cheap indecision fund that mirrors the s p 500. But sometimes trying to mirror the market is a bad strategy take the s p 500 you have to own so many havenots along with the haves during this pandemic its changed everything. That at best now, with the coronavirus, youre betting on mediocrity why would you want exposure to troubled Industries Like retail, oil and gas . I know the index fund orthodoxy will never truly be defeated because theres a kernel of truth in it. But man, in this environment, where you cant go out and spend money without fear, even if you just got a 1200 check from the government, youdont have to b a genius to know that the cruise lines are untouchable. But what about the winners, though, what