[background noises] [background noises] the committee will come to order. Without objection the chairs authorized to declare recess of committee at any time. Im before we begin secretary has informed us she has only two hours available for this hearing. So in the interest of time Ranking Member and i are remedying ourselves to very brief Opening Statements we are asking the secretary to do the same. Additionally we get as many members as possible a chance to ask questions. And in concurrence with the Ranking Member i ask unanimous consent to limit each members q and a to four minutes without objection. So ordered. Out also like to request unanimous consent to submit to statements for the record for bt the first is from chairman lucas who could not be with us here today. As you know he has had a terrible accident with a bowl, he is a rancher. And he is recuperating. We look forward to his return soon because his leadership is dearly missed. The second as a full Opening Statement from my
[background noises] [background noises] the committee will come to order. Without objection the chairs authorized to declare recess of committee at any time. Im before we begin secretary has informed us she has only two hours available for this hearing. So in the interest of time Ranking Member and i are remedying ourselves to very brief Opening Statements we are asking the secretary to do the same. Additionally we get as many members as possible a chance to ask questions. And in concurrence with the Ranking Member i ask unanimous consent to limit each members q and a to four minutes without objection. So ordered. Out also like to request unanimous consent to submit to statements for the record for bt the first is from chairman lucas who could not be with us here today. As you know he has had a terrible accident with a bowl, he is a rancher. And he is recuperating. We look forward to his return soon because his leadership is dearly missed. The second as a full Opening Statement from my
Has gone around our export controls we do investigate. As it relates to i. T. , ill come sit with you, if you have ideas how we can tighten it up, i want to hear them. Aoeuf been able to meet with kathy. I would love to meet with you. Because during the time i Left Congress for two years, my job was to try to figure out how to compete with belton road. We dont do it well because we dont coordinate the way china does in competing against us. I would like to see us coordinate you. Thank you , mr. Chairman. I yield back. Thank you. Thank you. Now the gentlewoman from North Carolina, ms. Ross. Ms. Ross thank you, chairman babin, and Ranking Member lofgren, for holding this very important hearing today. Thank you, madam secretary, for being with us. North carolinas Semiconductor Industry boasts over 100 semiconductor and other Electronic Component manufacturing establishments. Over 7600 people employed in the sector. And 1. 2 billion in exported product. The passage of the chips and science
Russia and some of our other toughest competitors around the world. When our businesses compete and win, it means better paying jobs here at home, higher wages, bigger paychecks for americans. And so were going to continue to keep focused on tax reform that delivers tax relief to hard working American Families and that creates greater growth in our economy, better paying jobs and higher wages for people in this country. And the focus, of course, of tax reform is to improve the quality of life for American Families. And you do that by lowering individual tax rates so people get to keep more of their hardearned money. You also do it by lowering corporate rates so that businesses can have more money to pay higher wages and to increase the activities of those businesses. Additionally, there is a lot of money in u. S. Companies that is still sitting overseas that wed like to get back here, but the tax code makes it a lot harder because those companies are taxed twice; once in the country wh
Use the hashtag artist places. Fire up your smart phones if you get a chance. I am mark muro, senior fellow at the metropolitan policy program and my privilege to kick off todays auspicious event. I say our event today is auspicious for several reasons. It is always auspicious to welcome and help launch a book into the world, given it is a red letter day for fred bacher whose excellent book the smartest places on earth is just out and if i do say so, rush to pick up a copy, we have some out beyond the back, on the way out please do that. Also two experienced economic observers focusing not on the standard inside the beltway with spin cycles, and at brookings, the most fundamental elements of national wellbeing, r d and stem worker advanced industries from aerospace, Regional Technology clusters, Regional Technology ecosystems, critical, that is part of their focus, and collaborations they accelerate. The fact that cities and regions themselves can become incubators of growth. They trav