A look at the impact of the coronavirus pandemic on Social Security. Witnesses before a house panel say recipient to rely on the income could be affected by a prolonged economic downturn. The subcommittee on Social Security will come to order. I want to welcome all of our witnesses and audience members, thank you for joining with us today as we bear up under covid19 and addressed technologically to coming together. We will begin with Opening Statements by myself and the Ranking Member. Testimony from our witnesses and the opportunity for each member to ask questions. We will dispense the practice of observing and instead go in order of seniority for questioning, alternating between minority and majority. Member will be responsible from youding and then muting themselves throughout the proceedings. Thank you all for your patience as we navigate this new technology in order to continue serving our country in this time of need. With that i would like to welcome everybody to the ways and m
Many situations people find themselves. The recession has laid bare the economic struggles of millions of American Families with almost no warning to the shutdown that claimed tens of millions of jobs and American Workers and families felt the ground fall from under them. The. The country was on the verge and so many have lost their livelihoods and exhausted their financial reserves. They are facing financial catastrophe. That growth hasnt been broadly shared starting in 2009 with 128 months of growth so many neighbors are facing financial catastrophe they do not fal falr r. E irreversible financial disaster. As businesses gradually reopen, many workers are coping with drastically reduced hours and lower paychecks that will not cover their bills. Even people fortunate enough to be returning to work will likely be struggling for some time to come the Child Tax Credit and earned income tax credit and it also supports workers with a more generous employer retention tax credit to maintain
We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many find themselves. The covid19 recession has laid bear the economic struggles of millions of American Families with almost no warning the shutdown claimed tens of millions of jobs, and American Workers and families felt the ground ball from under them. Many had been just barely scraping by and unable to save much for a rainy day, and the sudden loss of income has left them nothing. Food banks are Unprecedented Demand in the country
U. S. Senate when they return here on cspan2. Next a house ways and means subCommittee Hearing on efforts to provide tax relief to low income workers, minorities, women and families affected by the coronavirus pandemic. Witnesses include representatives from the National Womens law center, Georgetown University poverty and inequality center, the American Enterprise institute and Childrens Health watch at Boston Medical Center. We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many fin
Halls of the Capitol Building and the oval shaped rooms of the white house yes the corridors of power here in washington d. C. Are seeing a nation rise up in one voice and scream enough is enough black lives matter reform and justice are coming and the old ways of oppression and white power are ending how do you know they are as frightened of School Children on report card day well because they are now turning us streets into war zones starting with the Nations Capital as d. C. Is reports the chief of the National Guard bureau confirmed tuesday that an additional 1500. 00 National Guardsmen would join the response to protests in d. C. After 1300. 00 were deployed on monday defense secretary mark asper who spent wednesday morning up posing the United States President Donald Trump the chicken hawk in sheeps threats of military reprisals against u. S. Citizens well he abruptly reversed a decision to order active duty troops home from the. National Capital Region on wednesday and now journ