The trump administrations efforts to overhaul the tax code. This is 3. 5 hours. The committee will come to order. Welcome to the ways and Means Committee hearing on increasing u. S. Competitiveness and preventing american jobs from moving overseas. Before we get started, i want to take a moment to speak about the evil terror attack that occurred last night in the united kingdom. Our deepest condolences go out to the victims, to their families and their loved ones. Please know that you are in our prayers. Today, were continuing our work on pro growth tax row form that will improve lives all americans. This mornings hearing is strengthening americans pro competitiveness and preventing jobs from moving overseas. For years americans have watched as our manufacturing plants, middle class jobs and longstanding u. S. Companies have moved overseas devastating communities and the families that depend upon them. Hundreds of thousands of goodpaying american jobs have left and continued to leave t
Before we get started i want to take a moment to speak about the evil terror attack that occurred last night in the united kingdom, our deepest condolences go out to the victims, families and their loved ones. Know youre in our prayers. Today, were continuing our work on pro growth tax reform that will improve the lives of all americans. This mornings hearing is focused on strengthen americas competitiveness and preventing jobs from moving overseas. For years americans watched our our manufacturing plants, and longstanding u. S. Companies have moved overseas, devastating communities and the families that depend upon them. Hundreds of thousands of good paying american jobs have left, and continued to leave to china, mexico, ireland, and other foreign countries. Some of our communities have never recovered. Because when these plants and Companies Move overseas, local businesses housing value and local tax revenue disappear with them. Ive watched as 17 key Texas Companies have relocated t
Leaders of bureaucratic institutions have tried before so it was new for the world and grip. I am glad we did it. If we had not done it, we would have to start now. That is my advice. Get great help and then figure out what you need to do and then just get started and finished as soon as possible. Jim yong kim, rebecca blumenstein, thank you. [applause] wisconsin resident of paul ryan also spoke at the wall street journal annual conference. The chair of the ways and Means Committee discussed tax policies. This is about 30 minutes. Can really welcome, congressman. Good morning to everyone out there. I want to Start Talking about the news out there. You and another center senators sent a letter to the Treasury Department talking about basically version and proper shifting project. It has not gotten a lot of attention, but it seems to be a big deal. Talk a little bit about what was in the letter and how you see that in terms of your own efforts to work on the tax code. Rep. Ryan it certai
Concerned with it. Heroin is cut with that in order to increase the addictive nature . Increases potency. People go back to it. That is kind of the tragic part of it. Word gets out it is strong, and traffic rules to have traffickers will do that. It will spike something hot so you the wild Overdose Deaths and verbal travel. There will be a desire for that product. It is mixed with heroin, other substances and really can be mixed with anything just to kind of expanded in its commercial viability. Adding that to some other products, as dangerous as in our products might be, adding that to it is almost tantamount to knowing youll be committing a certain amount of murders as it is distributed amongst the populace. That is unavoidable. A significant quantity in the hands of the population can result in a certain number of deaths. Yes. We have had success with this Death Investigation overdoses. How difficult is it to prosecute . You are speaking earlier. The Biggest Challenges reactive. Our
Suppliers and manufacturers have recognized the challenge we face for this century, literally this weapons platform will be critical to our national defense. We we can look back and draw lessons and we should from the challenges that cause that improvement to take place. Maybe even the overall conceptual framework as you suggested should there have been more individualization of the platform for different services. But i can well recall that the conventional wisdom not so long ago was the services should get together and collaborate and the by a single fighter and that was the wisdom does your of contracting in its day. Now maybe lessons point in different directions. I hope we will learn lessons from this experience but there has to be a recognition that this weapon platform will do things that no fighter engine or platform has done in the past, would you agree doctor fillmore . The investment ranking is large and the need that we have is large to deal with the threats that currently