The Political Panel weighs in on that plus a new poll showing a real conundrum for voters in the story that blew me away, we will introduce you to a 15yearold business owner, a 15yearold business owner. All that and so much more on making money. Charles washington spending trillions of dollars again to help the economy, a lot of the economy has already come worrying back and in the process the rich have gotten even richer, everyone else seems to get more better and moreover blaming capitalism saying it did not curve the debt and come up with solution needed in the age of coronavirus. Affords headline says capitalism is failing us just when we need it most. In ap news headline, from the pope, marking capitalism has failed and pandemics means reform. Many of the critics of capitalism have never been fans but the jobs disappearing in 2020 is giving them a much bigger soapbox, is capitalism fading and how does the narrative change, lets ask a champion of capitalism, steve moore, they are c
The subcommittee will come to order. I ask unanimous consent the chair can declare a recess at any time. Without objection so ordered. I want to remind members of key regulations on rules and then members must also continue to use the video function and then to experience connectivity issues or other technical problems. And then let us know as soon as possible so you can receive assistance. And you can call the committees for a technical assistance. Members may also not participate remotely any other proceeding occurring simultaneously. It is the responsibility of each member and mute your microphone prior to speaking. If i hear any inadvertent background noise lastly please mute your microphone. All standard rules apply. We will have a good faith effort to address the connectivity issues and participate fully members will have five minutes to ask questions to insert a document into the record, please have the staff email it. This hearing is also live streamed for the public to view an
Without objection so ordered. This is a hybrid hearing i want to remind members of key regulations from the House Committee on rules to ensure that the hearing goes mooths smoothly. Members must be visible on screen for the purposes of identification when joining this hearing. Members must also continue to use the video function on todays Software Platform cisco web x for the remainder of the time attending this hearing unless experiencing connectivity issues or other technical problems. If a member is experiencing any connectivity issues or problems, please inform the Committee Staff as soon as possible so you can receive assistance. A chat function is available for members on the web x platform for this purpose and members can also call the committees main phone line at 2022254472 for Technical Assistance by phone. Members may also not participate remotely in any other proceeding that may be occurring simultaneously. It is the responsibility of each member seeking recognition to unmu
Public comment. Reminder to all participants to mute themselves to minimize background noise. Please note gray indicates unmuted. This is caption test. Use the live item 5 action item. Of the august 12, 2020 retirement Board Meeting. Its a motion for the august 12, 2020 Board Meeting. So moved. Madame president we received a request to the Administrative Changes to the minutes. She made Public Comment and we indicated she represented the retired employees. She would like the title of her organization to be spelled out in the minutes. I would propose that we make that one correction on page 9 [indiscernible]. Sorry for the interruption. Ill second it. Accept the change. Moved and seconded. Well adopt the minutes with the requested changes and accepted by executive director huish. At this time well take Public Comment. Thank you. Callers, if you have not already done so press star 3 to be added. For those already on hold please continue to wait until the system indicates you have been un
Here on cspan3, well take you live now to a hearing on amtraks response to the coronavirus pandemic. This hearing is already in process. While possibly only saving amtrak 213 million. Overall, the damage could top 3 billion if amtraks planned nine months of Degraded Service stretches another quarter to a full year. Ill finish. Thank you. The amtrak community was hit especially hard because several airlines say theyll drop service when the c. A. R. E. S. Act expires. Thats 67 cities facing air cutbacks. Nearly half, 31 of them, would all flew the same, sacramento, tampa, these routes touch nearly every corner of our country. On the empire builder on eight states from illinois to washington, those towns face a nearly 400 million blow. The north south city of new orleans between louisiana now produce nearly 134 million in economic benefits. It could wipe out as much as 88 million of that. Simply put, this drastically reduced utility of a nationwide Network Operating three days a week, mak