Mr. Portman mr. President . The presiding officer the senator from ohio. The presiding officer mr. President , im here on mr. Portman im here to talk about the steps congress should take with respect to the coronavirus pandemic. Im start with the legislation that majority leader senator Mitch Mcconnell introduced yesterday, one of the aspects of it that hasnt gotten much attention and i think is very positive and an effective way to get the economy moving in a safe way is some tax legislation. These are tax credits and Tax Deductions that help to encourage the hiring of new workers but also to do so in a safe way. These are the kinds of things that make a lot of sense and have a lot of bipartisan support and appeal. So i think it should be part of whatever final package we end up with. The goal of these tax incentives is to say that we want people to reenter the workforce but do it in a safe and sustainable way. For example, in the mcconnell proposal is legislation i introduced called
3,200. Tesla, watch this. Founder elon musk now worth about 70 billion. Richer than Warren Buffett. Another surge for that stock right now premarket, up another 100 a share, 6 . Wow. Apple getting closer to a 2 trillion valuation. Right now its up nearly five bucks at 388. Now, thats the big techs. We have a lot more quotes coming your way. Suffice it to say, big tech is having another terrific day. How about disney . A partial reopening despite a surge in new virus cases in florida. Masks, temperature checks, no lines. This was an important symbolic move to reopen disney world. Investors like it. Disney is back to 121. Talking about investors here, they like the good news on vaccines. Pfizer and biontech, they have been given fast track approval for two of their vaccine candidates. Stocks got a new shot in the arm when that news broke earlier this morning. Both stocks on the upside. What have we got for you . Later in the show, larry kudlow, he will have more on the next stimulus plan
May 2019 massive protests against inequality chile forced the government promised changes to the constitution that dates back to the finishing of the 1978 that process was put on hold as the coronavirus pandemic hit but chiles political divisions have to go the way weve been to find out why. Dignity square as it is called now was the epicenter of antigovernment protests in chile during late twentys 19. Months later at the capital some title was locked down amid the current virus can damage the authorities seize the moment to erase all signs of what had happened yeah. Thats like you know also who. You see when they go or not the architect. Was among thousands of people who joined the protests calling for radical political and economic changes in chile. You know nothing i dont know yet. But im going to have members who want to. Hear me go to the reporters who are going to the. Last thing. I. Be unrest began last october after the government increased ticket prices on the met i. Call in U
Benefit pension, and now they are seeing the possibility that that could result in up to a 90 cut in their benefits. Over the past several years weve been working on this, ive been involved with it. Ive been working on the finance committee which is the committee here in the senate that has responsibility for this issue. In 2018, going back two years ago now, iowas participating in hearings as a member of the joint committee on solvency of multiemployer Pension Plans. It was a oneyear committee. House and senate, republican and democrat. Woe were we were supposed to get to a solution for this problem before it gets worse. We spent countless hours trying to do that. I spent countless hours in meetings, with beneficiaries, retirees, spouses. Ohio is one of the states thats hardest hit. I have heard their stories about how years of mismanaged Pension Plans have put them on the hook for unthinkable cuts into pensions that they just assumed were going to be there. Let me spell out how preca
And securing the blefg of liberty blessings of liberty for all americans has taken a long and bumpy road and we still have a lot further to go. It starts with that one step. But at this moment the country and the world are demanding we pick up the stride. Lets follow iowas lead. Lets come together and take meaningful action. And to be clear, the passage of a single bill is not going to suddenly reverse centuries of injustice. Passing laws are a simple part. If we really want to change behavior, we need to commit ourselves to changing our hear hearts. The best way that we can personally commemorate the life of george floyd and the many others before him who lost their lives or suffered injustice is to open our own hearts. Chaplain black summed up the solution best when he quoted to me mark 12 31. Love your neighbor as yourself. Its both that simple and that challenging. So im asking all of us in this body to be more like iowa. Lets find a solution. Lets take that first step and begin ou