Treasury secretary Steve Mnuchin says the administration is working with congress on a spending package for National Coronavirus response. He testified before the house ways and Means Committee on President Trumps 2021 Budget Proposal and was asked about the governments response to the outbreak as well as its Economic Impact. We want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going tome brace here for the next couple of hours. To embrace here for the next couple of hours. Mr. Neal i think we can provide to the first issue so we can get to the chairman. It is of no controversy. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front
[inaudible] we want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going to embrace here for the next couple of hours. I think we can proceed to the first issue so we can get to the chairman. It is of no controversy. No con. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front of them. Let me thank Ranking Member brady for working with me on this matter so that we are able to submit a consensus document to the Budget Committee that reflects the priorities of the ways and Means Committee as a whole. Without objection, the views and estimates will be considered as read and open for amendment at any point. And if there are no amendment
Ill come in under my time. Hes not here anymore. Where did he go . Will you be able to answer the question . Im sorry to put you in this position. Mr. Hatch is mr. Barthold coming back . Ill wait until he comes back. Hes coming back. Is that all right . On page 1 of the distribution effects of the chairmans modification if you look at the bottom left, 1 million and over you see that . And then it says change in federal taxes for the year 2019. What does that say about the top 1 . In term os whether theyre getting a tax benefit or tax cut . I dont want to apply the one million over represents the top 1 but for the 1 million and over income category, thing a refwat tax reduction for that 33. 6 billion. Mr. Bennet and could you tell me what benefit they get with respect to the estate tax . We dont distribute the aggregate effects of the estate tax reduction in our distribution tables. Here come ours savior. My savior in particular. Mr. Bennet mr. Barthold, im sorry to do this to you, mr.
Washington journal live, join the discussion. The house debated a bill to block funding for abortion. Abortion services and a formal care act subsidies for insurance courses that cover abortions. The bill makes permanent the Hyde Amendment. That bars several medical facilities from providing abortions. Strongse today and unflinching leadership on this issue. It was just write off ready to this presidency as it just began. There were millions of prolife women who were explicitly told they were unwelcome at this event. Today, the peoples house is giving them and more than 60 of americans from all political taxingions who oppose abortions ensuring their hardearned tax dollars are not used to fund the destruction of innocent life. Thats the principle numbers of both parties have supported in this chamber before. Democrats and republicans alike come together to support the bills that maintain the Hyde Amendment which prohibits the erect federal funding of abortions with limited exceptions.
Rights by ensuring that theirearned tax dollars are not used to fund the destruction of innocent life. That is a principle that members of both parties have supported in this chamber before. Every year, democrats and republicans alike, have come together to support the funding bills that maintain the lie called the Hyde Amendment, which prohibits the direct federal funding of abortions with limited exceptions. This 40yearold law has saved an estimated two million lives, but it is not permanent. Meaning that this timehonored protection could be taken away on a whim. Whats more, the law in its current form, has clear loopholes. A 2014 g. A. O. Study found that Taxpayer Funded insurance subsidies could be used to pay for abortions on over 1,000 obamacare plans nationwide. That is why today we have the opportunity to make this life affirming Law Permanent and governmentwide. As a mother and grandmother, and a nurse for more than 40 years, this measure is especially meaningful to me. During