Cspans q and a. The house ways and means subcommittee has been examining limits but on the deductions of state and local taxes under the 2017 republican tax bill. Fromearlier today we show you the first part of this hearing while the senate is in recess. Farming communities, schools, First Responders and housing values. Before i begin my Opening Statement id like to yield to the chairman of the full ways and Means Committee for his opening remarks. Thank you chairman thompson and i want to acknowledge you and the other members of the subcommittee for indulging me with time to speak in this important hearing. The leadership of this committee and the working group is invaluable to congress. I want to take a couple minutes of time to express my appreciation to the witnesses who come to share their testimony today. Its a rare occasion that we can hear from hardworking folks make up our state and local governments. As former mayor of springfield until your firsthand of my experience as to h
The hearing of subcommittee on general farm commodities and Risk Management entitled reviewing the state of the farm economy will come to order. Good morning and thank you for joining us, as we look into this critical aspect of our economy. Every one of us seated up here has heard from farmers in our districts about the bad farm economy. Commodity prices are low, input costs are rising and financial pressure is mounting on farmers across this country. While we hear so much about the booming state of the overall economy, our rural and farm economy continues to struggle. You cannot have a successful National Economy when such a vital component hurts the way our farmers are currently. The numbers paint a rough picture. Usda forecasts net farming level for 2019 to be only 77 of the annual average for 2000 through 2017. Its down 50 from 2013 alone. Inflationadjusted farm debt is the highest it has been since 1980 and the debt to asset ratio for farmers is rising steadily. This hearing offer
To enable Public Participation sfgovtv is broadcasting live and we will receive public ment for each item on the agenda. Each speaker allowed up to 3 minutes you will hear a chime at 30 seconds. I should hear the hearing live. And you will need to wait for the item you are interested in speak to for Public Comment to be announced. Enter star 3 to raise your hand and once you raised your hand you will hear, you have raised your hand. Wait to speak until the host calls you. When you hear, you are unmuted you can begin speak. If you are joining web ex enter password c pc 2023 and used raised hand icon to ask a question. Call from a quiet location, speak clearly and slowly and mute volume on your television or computer. In person, lineup on the screen side or to your right. I will ask we silence mobile devices that may sounds off. At this time, i would like to take roll. President tanner. Here. Commissioner braun. Here. Diamond. Here. Imperial. Here. Koppel. Here commissioner ruiz. Here co
To enable Public Participation sfgovtv is broadcasting live and we will receive public ment for each item on the agenda. Each speaker allowed up to 3 minutes you will hear a chime at 30 seconds. I should hear the hearing live. And you will need to wait for the item you are interested in speak to for Public Comment to be announced. Enter star 3 to raise your hand and once you raised your hand you will hear, you have raised your hand. Wait to speak until the host calls you. When you hear, you are unmuted you can begin speak. If you are joining web ex enter password c pc 2023 and used raised hand icon to ask a question. Call from a quiet location, speak clearly and slowly and mute volume on your television or computer. In person, lineup on the screen side or to your right. I will ask we silence mobile devices that may sounds off. At this time, i would like to take roll. President tanner. Here. Commissioner braun. Here. Diamond. Here. Imperial. Here. Koppel. Here commissioner ruiz. Here co
To enable Public Participation sfgovtv is broadcasting live and we will receive public ment for each item on the agenda. Each speaker allowed up to 3 minutes you will hear a chime at 30 seconds. I should hear the hearing live. And you will need to wait for the item you are interested in speak to for Public Comment to be announced. Enter star 3 to raise your hand and once you raised your hand you will hear, you have raised your hand. Wait to speak until the host calls you. When you hear, you are unmuted you can begin speak. If you are joining web ex enter password c pc 2023 and used raised hand icon to ask a question. Call from a quiet location, speak clearly and slowly and mute volume on your television or computer. In person, lineup on the screen side or to your right. I will ask we silence mobile devices that may sounds off. At this time, i would like to take roll. President tanner. Here. Commissioner braun. Here. Diamond. Here. Imperial. Here. Koppel. Here commissioner ruiz. Here co