105 in iowa, that is a lot for us. Just a couple of hours ago i was on a call with iowa state leaders who are at the state Emergency Operations center. Let me say that again. Emergency operations center, an e. O. C. You just dont set those up for fun, folks. You set them up when your state is in crisis. They gave us a picture of whats going on with our workers and our Small Businesses on the ground in iowa. Within three hours the state received over 11,000 calls for Unemployment Insurance. 2,000 of them are selfemployed. They wont qualify for Unemployment Insurance. You know what would relieve their hurt . This package, phase three. Meanwhile my democratic colleagues are holding this bill up that would actually deliver the relief that is necessary for these workers that i just mentioned for things that have nothing to do with a crisis. Senate democrats are stalling funding for hospitals and Small Businesses until they get to jam through their Green New Deal. Mr. President , you tell me
New york City Real Estate will join us to tell us how he sees landlords managing renters who have shut down their businesses. The chairman and ceo is scott recker, he will be joining us. And judge will be here as well taken us through unique coronavirus cases going through courts. In the meantime breaking news, Drugmaker Mylan is voluntarily waving the u. S. Distribution rights for a generic version of an hiv antiviral drug so its available to patients with coronavirus. The stock is down, it allows other generic drug makers to apply for u. S. Approval as well, we will keep you uptodate with those headlines, i just wanted to bring you the breaking news. Checking in on the retail sector, walmart one of the biggest loggers on the dow, investors are pivoting away from stocks seen as recession proof and target lower despite a strong report on sales trends withdrawing earning drawings and nike, sports versus China Business has come back, it is about 50 of the revenue from china, ross stores,
And finally, another element and im just describing some of the elements, mr. President , but i wanted to highlight some of these things is getting more resources to the men and women on the front lines of this pandemic who are every day out there in the Health Care Industry trying to keep americans, alaskans healthy and alive. How much . Theres a lot in it, but the number is 100 billion. For hospitals. For health care providers. Let me say that again. 100 billion. Now, the minority leader was on the floor the other day. I was kind of stunned when he said something along the lines of this partisan bill by the way, its not partisan, okay. This was written by republicans, democrats. A lot of these ideas are from both sides. It doesnt do anything to help hospitals. We need a Marshall Plan to help them. I think 100 billion is a constituent good start. Thats in the bill. So, mr. President , as i mentioned, i was proud i have been proud of the work of this body. I have been proud of my colle
Reflects and builds upon the economic policies of this president which have unleashed one of the most powerful economies in american history. Unemployment is down across the board. People are coming back into the work force. Wages are rising. Pensions and College Savings accounts are growing. This budget continues these economic policies and once again provides a path for enduring economic expansion by tacking the very real problem of deficits in our nations debt. The plan offered today proposes to balance the budget within 15 years by proposing more deficit reduction, 4. 6 trillion, than any president in history. Under this budget, of trillion dollar deficits as far as the eye can see will be reduced to 261 billion in 2030 with a surplus in 2035. Debt as a percentage of gdp currently at 81 and projected to grow to 100 within ten years will drop to 66 by the end of the tenyear window. But this budget is not a green eye shades budget. It Funds National priorities that this administratio
Acting office of management and budget are Russell Vought on trumps 4. 8 million Budget Proposal for 2021 before the house Budget Committee. This runs three hours. I certainly welcome the acting director phoned the Russell Vought. Thank you for being here to testify on the president s 2021 Budget Proposal and i hope todays hearing will provide an open and amistad examination of the party set forth by the Trump Administration so they can get back to passing legislation Appropriations Bills that reflect the needs and priorities of the American People. I will now yield myself five minutes for an Opening Statement just six short months ago the president signed a bipartisan just, can everybody hear me . A just six months ago the president signed it twoyear budget deal into law. It does everything the president s proposal failed to do set rational discretionary lines allowing strong investments in our national and Economic Security and has bipartisan support including the bank member and mys