The committee will come to order. Good morning today. Our committee is honored to welcome the United States trade representative Robert Lighthouser to testify for President Trumps agenda. Thank you for joining us. We look forward to your testimony. This ambassador is a former u. S. Trade representative under president reagan. Is an experienced trade negotiator. You understand the u. S. Leadership and participation in a rulesbased trading system is essential to our nations prosperity. America has led the world in Global Commerce for the better part of the last 100 years. Through our network of strong and forceful trade agreements, weve expanded Economic Freedom so that our business e our workers and consumers can thrive. Through strict enforcement of the rules we created in our leadership and the world trade organization, weve held our competitors accountable and through our steadfast commitment through the principles of free enterprise, open markets and rulesbased international commerc
And for comparable reasons the inefficient ability of what they want. So what does not quadruple the tax capital and then to achieve a substantial movement went to the criteria what is the tax reform. And that is extremely positive step with us pace that has double or triple taxes for call that trump in new proposal makes very positive steps been. So i think we have the best opportunity and quite literally in two decades to have a positive progrowth tax reform done and it has the potential if the nba correctly to increase in gdp to lead to the extraordinarily positive economy with wages increase with opportunities once again are avail of all know i will turnover. Should be set to or stand . Okay we will stay here. Good morning thanks for coming. I am sure most one thought Hillary Clinton would win the election over the last eight years i have spent many vacation plans that i have to one canceled and now that is the chance to come up with a tax policy so with the tax proposal the next c
And for comparable reasons the inefficient ability of what they want. So what does not quadruple the tax capital and then to achieve a substantial movement went to the criteria what is the tax reform. And that is extremely positive step with us pace that has double or triple taxes for call that trump in new proposal makes very positive steps been. So i think we have the best opportunity and quite literally in two decades to have a positive progrowth tax reform done and it has the potential if the nba correctly to increase in gdp to lead to the extraordinarily positive economy with wages increase with opportunities once again are avail of all know i will turnover. Should be set to or stand . Okay we will stay here. Good morning thanks for coming. I am sure most one thought Hillary Clinton would win the election over the last eight years i have spent many vacation plans that i have to one canceled and now that is the chance to come up with a tax policy so with the tax proposal the next c
If you are a Current College student, you can call us at 202 7488000. Payingare still off that Student Loan Debt, your number is 202 7488001. All others, you can call us at 202 7488002. You can also send us your thoughts on twitter. Our twitter handle is cspanwj. You can comment on our Facebook Page at facebook. Com cspan. Here is a story in the wall street journal that details the new government report, the story mitchell. Five josh. Josh mitchell. Host to stem a sharp rise in borrowers defaulting on their loans since the recession host we have Josh Mitchell on the phone joining us this morning to give us a little bit more detail about this story. Josh mitchell, good morning to you. Guest hi. Thank you for having me on. Host give us the back story behind the report. What if the government report this in the first place . Are comments among republicans that these programs are going to be costly, that the government cannot really account for how costly they will be, so part of this repo
Cents. Data of course. This was down to the building approvals which unexpectedly rose monthtomonth. We can reverse some of the losses toward midmorning. We are back above the 111 handle here for the dollar yen. At 658. Eeing cny it is flat of a young to look at this with them the context of yesterday. That being said, have a look at japan. We are now up half a percent. Gaining a bit of traction over the last 30 minutes. Rishaad paul allen has the details of this deal. Ill, what is going on here . The operator of the fourth Largest Airline in china is paying 159 million australian dollars for the stake in paying a hefty price for it. . 30 per share. If a 7 premium on what monday closed at. The virgin ceo held a media call a couple hours ago. Heres some of what he had to say. This is an Alliance Deal which has equity. And we can get back to that. H in a has committed to supporting to whatever the outcome of the capital Structure Review is. Some of the other shareholders are getting out.