Is brought to you today by your cable or satellite provider. The white house has requested 1. 1 trillion for the department of health and Human Services. Of the budget request includes cuts in Public Health and Biomedical Research took hhs secretary tom price talked at a Senate Finance committee the twohour hearing begins with opening remarks by the chair of the committee, lauren hatch of utah. Of the committee will come to order. We will first listen to the senator from oregon who has to go to another committee hearing, so i welcome everyone to this mornings hearing on the president s proposed budget for fiscal year 2018 with specific attention to the department of health and Human Services. I want to thank secretary price for being here. These hearings are an annual event for the finance committee and secretary price, since this is your first time around i will warn you these hearings can be a little grueling. Of course, you already know that that the president and hhs are eager to w
Is brought to you today by your cable or satellite provider. The white house has requested 1. 1 trillion for the department of health and Human Services. Of the budget request includes cuts in Public Health and Biomedical Research took hhs secretary tom price talked at a Senate Finance committee the twohour hearing begins with opening remarks by the chair of the committee, lauren hatch of utah. Of the committee will come to order. We will first listen to the senator from oregon who has to go to another committee hearing, so i welcome everyone to this mornings hearing on the president s proposed budget for fiscal year 2018 with specific attention to the department of health and Human Services. I want to thank secretary price for being here. These hearings are an annual event for the finance committee and secretary price, since this is your first time around i will warn you these hearings can be a little grueling. Of course, you already know that that the president and hhs are eager to w
Impose a new set of regulations under the employment Retirement Income security act or erisa on a greatly expanded number of people. Under current law, brokers and dealers that provide services to retirement plans are already heavily regulated. They are not, however, automatically consider labor law fiduciaries and therefore they are not subject to the increased liability provided under erisa. Instead, these Service Providers are subject to regulations issued by the securities and Exchange Commission to protect investors from fraud and ensure transparency. Under the new d. O. L. Rule, virtually any broker that provides Investment Advice of any kind to individuals regarding their individual retirement accounts or iras will be considered a pension plan fiduciary subject to Higher Standards and greater liability. As my colleagues have aptly noted, this rule will reduce the availability of Investment Advice for retirees and make the advice that is available more expensive which will have a
Very well because i fly american every week. Thank you very much. My name is carrie philipovich testifying on behalf of airlines for america. Thanks for inviting me to discuss the impact tsa security lines is having on our customers. Theres nothing more important to the the Airline Industry than the safety and security of our passengers, employees and cargo. We have never seen tsa wait times that affect airlines and passengers throughout the United States like weve seen in recent months. Without immediate leadership, the 231 million earn a americans that will board airplane this is summer will be frustrated and angry. Last year, programs that had been in place were eliminated without adding resources required to support longer passenger processing times. The as a result that screening process caused unacceptably long security lines and a frustrated flying public. Our discussions with tsa revealed three other contributing factors. First, it appears tsa did not adjust its staffing model
Ms. Philipovitch so we really see as long as the operation is properly resourced, were able to have both effective and efficient screening in either model. Its really the key is making sure that the resource allocation meets the peak needs of the operation. Mr. Carter ok. The Screening Partnership program, mr. Cox, im going to ask you directly. Can you give me an idea why it appears to me and from what i have heard they do a better job and that they save money on top of that . Have you had any experience with this . Mr. Cox sir, we believe that the t. S. O. s that are employed by the federal government, number one, is a professionalized work force. They do a great job. They have been trained to do that. And i think the record speaks very clearly for themselves, since 9 11, we have not had acts of terrorism in this country. We had a privatized work force on 9 11, and we saw what happened. This country was brought to its knees. The government has been taking care of that, been doing that