Economic front. P equities, that is a lie, calculated it. He said after 10 different quarters of gains in the s p was always followed up another 5 to 10 gain in the next quarter. Having off the strong secondquarter boats well is well. R bodes positive quarters could still lie ahead. Romaine referring to pd, one of the many people behind the scenes who keeps this program looking smart and feeling smart. Eaton vance codirector still with us. Thank you for being patient. Talk to me about volatility. We have seen the vix come down from the highs. It is not back down to precovid19 levels, but definitely there is a lot of calm in markets i think would be an encouraging sign. Absolutely. We started the year only looked at the vix, someone called it we began as a teenager and it quickly began to be over 80 over a short time. We are looking at this 30 level, that is good because it bodes well for the sentiment and calmer markets and individual idiosyncratic stories. That being said, i think the
House. And later, advancing Health Equity founder and ceo dr. Uche blackstock joins us to discuss covid19s impact on minority communities. Another ruling on the Affordable Care act, the Supreme Court ruled 72 yesterday in favor of a 2017 Trump Administration rule extending the exemption to the Affordable Care acts birthcontrol mandate. It is thursday, july 9, 2020. Good morning, and welcome to washington journal. We open the show and ask whether support employers decided denying contraceptive health care to employees. Here is how to join the conversation. If you support the exemptions, two of 274s 88000. Two748pose, it is to 80001. Commentsost additional at facebook. Com cspan. , specificallyting on that case, the New York Times this morning with a graphic on how justices voted and how people for it feel about where the public stands on this issue. They write the Affordable Care act requires Health Insurance plans for women include coverage for contraceptives, Birth Control, but the Tr
Many situations people find themselves. The recession has laid bare the economic struggles of millions of American Families with almost no warning to the shutdown that claimed tens of millions of jobs and American Workers and families felt the ground fall from under them. The. The country was on the verge and so many have lost their livelihoods and exhausted their financial reserves. They are facing financial catastrophe. That growth hasnt been broadly shared starting in 2009 with 128 months of growth so many neighbors are facing financial catastrophe they do not fal falr r. E irreversible financial disaster. As businesses gradually reopen, many workers are coping with drastically reduced hours and lower paychecks that will not cover their bills. Even people fortunate enough to be returning to work will likely be struggling for some time to come the Child Tax Credit and earned income tax credit and it also supports workers with a more generous employer retention tax credit to maintain
We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many find themselves. The covid19 recession has laid bear the economic struggles of millions of American Families with almost no warning the shutdown claimed tens of millions of jobs, and American Workers and families felt the ground ball from under them. Many had been just barely scraping by and unable to save much for a rainy day, and the sudden loss of income has left them nothing. Food banks are Unprecedented Demand in the country
Sb Committee Comes to order. Good afternoon. And welcome to our witnesses and audience members. Let me thank you all of you, for coming, and for participating in this subcommittee hearing. Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses, and an opportunity for every member to inquire for five minutes. We will dispense with our practice of the given and instead go in order of seniority for questioning alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. However, all members are responsible for unmuting themselves when they