Joining us today. We are holding this hybrid hearing in compliance with House Resolution accordingly i am 965. Joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining us. Before we turn to todays important topic i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations the committee will keep microphones muted. For those participating virtually to limit background noise. Pause for one moment. So we will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Second, for the members participating virtually, you must have your cameras on at all times. If you need to step away from the proceeding, please leave y
Okay. Good morning. Welcome. I call to order the subcommittee on oversight. I want to thank everybody for joining us today. Were holding this hybrid hearing in compliance with House Resolution 965. Accordingly, i am joined but members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining us. Before we turn to todays important topic, i want to remind the members of a few procedures to endus navigate ther the help us navigate the terrain here. First, consistent with regulations, the committee will keep microphones muted. For those participating virtually to limit background noise. [inaudible conversations] well pause for one moment. [background sounds] members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Sec
Remind the members of a few procedures to endus navigate ther the help us navigate the terrain here. First, consistent with regulations, the committee will keep microphones muted. For those participating virtually to limit background noise. [inaudible conversations] well pause for one moment. [background sounds] members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Second, for the members participating virtually, you must have your cameras on at all times. If you need to step away from the proceeding, please leave your camera on rather than logging9 out. Third, we will discuss pence with our practice of observing the gibbons rule and instead go in order of seniority for questioning,al for nateing between minority alternating between majority and minority. I thank you all [inaudible] a quick te
Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surprise, at least according to the underlying Consumer Sentim
Of a short period of time. I want to say right now we have our second hearing next tuesday on the Affordable Care act. Thank you everyone for joining us and thank you to the staff. We are holding this hearing virtually in compliance with regulations for Remote Committee proceedings and as resolution 965. This is my first hearing is chairman of the subcommittee on oversight and my First Official virtual oversight subcommittee hearing in the ways and Means Committee. Before return to todays important topic i want to remind members of a few procedures while we navigate this platform. First, consistent with regulations, the committee will keep microphones muted to limit background music and noise. Members are responsible for muting themselves when they seek recognition or when recognized for 5 minutes. Second, the members and witnesses must have their cameras on at all times so even if you leave for a second or few moments, leave your camera on. Third, we will dispense with the practice of