Chair lowey i will say good morning again. I call this meeting of the committee on appropriations to order. Before we begin, house rules require me to remind you that we have set up an email address to which members could send anything they wish to submit in writing. That email address has been provided to your staff. Our first order of Business Today is consideration of the department of defense appropriations bill for fiscal year 2021. I will not recognize to present the bill. Thank you, madam chairwoman. Before i begin my remarks, i reluctantly have to acknowledge this will be my final Opening Statement before the House Appropriations committee. I have no new revelations to make but for those of you who will remain on this committee, there are a few things i would like to say. Him saying them as someone who is so compulsive, he saved the congressional record on the day he was appointed to this committee after years of efforts, which makes mr. Rogers, my good friend, the only person
You were just talking about times when its okay to sell if youve had gains on some of these big cap tech names. Yeah, im not advocating that this is a get out now moment, i just think that we have had such a good run, there was something that came out on the screen this morning that we are having the best quarter since the Fourth Quarter of 1999 and i just cant be, oh, well, so what, when was that that was a seminole top. Theres been some fantastic runs and i think that sometimes we forget why we own stocks we own stocks to create wealth there was a gentleman on just now, mr. Bailin and he said so many good points, he agrees with me on selling some of the ones that have really moved he would like to rotate into the stocks that havent moved yet. What i am saying is there is no sense for a lot of our investors who watch to rotate into something that hasnt moved when they can just sit and wait with some cash, which is cash has been so vilified and i think that i am not coming in early lik
Many liberals think obama didnt do enough. He was given an emergency opportunity and should have pushed harder for a bigger stimulus to repair the country. So House Appropriations subcommittee is going to review 2021 spending levels for transportation and housing and urban Development Department as well as other related agencies. No changes are expected before sending it to the full committee, but we do expect statements from members. Good morning, everyone. Subcommittee will come to order. I certainly appreciate everyones flexibility and good humor, as we gather around under these socially distanced circumstances. The covid pandemic has certainly made for some unique challenges, but it hasnt deterred us from conducting our critical appropriations work on behalf of the american people. So im proud to unveil this fiscal 2021 transportation, housing, and urban development and related agencies appropriations bill. I want to briefly mention some of the bills highlights, but i want to first
Care, potential for vaccine treatments and mitigation of the incredible economic arm, the fourth bill is still lingering with an uncertain future in the senate. And then the murder of george floyd brought a long simmering crisis to a head for our nation. Last week, this house passed the justice in policing act to deal with systemic racism and policing. This bill deals with another crisis. Denied by the president and denied by most in his party. The existential threat of Climate Change to the world as we know it. To our nation. To our coastal areas. To our inland areas. To everything, our crops, our future, our childrens future, our grandkids future. Before us today is a long overdue transportation, comprehensive 21st century, the first 21st century transportation bill that moves beyond the eisenhower era and just reauthorizing the same old programs all the time. It also deals with the incredibly deteriorated infrastructure in this country. There is bipartisan agreement on that. It need
The averages pulled back this afternoon with the dow sinking 170 points, s p shedding. 6 and nasdaq advancing the companies that help you deal with post covid reality take it in stride. Analysts finally realize people are investing in homes like we havent seen since the financial period or maybe a whiff of paint and Stanley Black and decker moving power tools or mortgage numbers. Lows hit a new alltime high 4 just like that and you can get this stuff this is not exactly Rocket Science when youre stuck at home of course you spend money on Home Improvement its a capital, not an expensive when uncle sam writes you a check for 1200. Were in an old enough to repaint moment you buy the stocks of lowes or home depot you cant go out for anything. Movies, no, sports, concerts, nothing. Everything is cancelled gatherings are too risky you stay at home and get a cheap firepit, light up the kings ford, clorox product, wipe down the chairs with cclorox, can you go anywhere without these now . I can