The u. S. Senate approved a 480 billion are e leaf package with money for Small Business, hospitals and testing. It needs to be passed by the house. To the president. On the front lines of the pandemic. Some doctors and nurses are seeing hours and pay cut. Hospitals scale back nonemergency operations and treatment. Some facilities are struggling financially and so are employees. We have the details about difficult decisions being made locally. In the middle of the coronavirus pandemic. Front line workers are up against can you wants to hours and pay. Why do we have to foo to fooo bill. The nurse didnt want to reveal her identity. We agreed to alter her the anticipated surge hasnt come. We must adapt to the Financial Impact of the extraordinary events. Instead of lay offs, tli are launching a temporary wosh force adjustments. Confirming its navigating the Economic Impact of covid19 and implementing a temporary reduction in hours across the organization. Were being asked to ewe paid time
Are i should say some of the many reforms that are included in this legislation. What he talked about is critically important. If america is going to be competitive in the global marketplace, we have to change our tax code, because it is completely outdated, completely antiquated relative to any of the countries with whom we compete. So as the senator from pennsylvania pointed out, the reforms that we make in this bill allow American Companies to compete and win against those other countries around the world. The chinas of the worked the russias of the world, those countries that america has to compete with on a daily basis have a huge advantage over American Companies today simply because we have a tax code that doesnt recognize and reflect whats happening in the global economy. And thats why modernizing and updating our tax code was such a critical part of our tax reform efforts. Mr. President , this is, i would say, contrary to i was listening to my colleague from vermont. I think t
Talk about the swamp. All the folks out there that voted in this election do not have a swamp in washington, d. C. , are watching this happen right in front of their eyes tonight. We have a bunch of amendments that were dropped in by lobbyists here last night. We havent seen except we got a list from them, and we have got ill legible amendments now at the desk that the american even if we could read them, we wouldnt be able to. It just doesnt make any sense. I tell you Something Else that doesnt make any sense. It doesnt make any sense that in our economy, 90 of our folks, the bottom 90 earn the same amount of income as the top 10 . The top 10 earn 50 of the income in this country. The bottom 90 earn the other 50 . And you can see the directions that these lines have headed over a number of years. Thats the issue that we confront in our economy. Thats what we all should be working on in a bipartisan way to try to address. Unfortunately, instead of improving the circumstances for people
Friday night and you hand out the work product for all the members of the senate to take a look at before they vote on changes in the tax code that will affect the people they represent. This is what happens. 479 pages were handed to us. They tell us some of this has been around for a while. Some of its new. They dont tell us which part is new and which part is old. But, lucky for us, on k street, and there is nothing wrong with lobbyists, but on k street where the federal lobbyists live, they are following this really closely and they have given us basically a cheat sheet. A score card. So we can figure out at least generally speaking how many changes have been made in the 479 pages since the last time we aw this proposed bill. Now, i defy any member of the senate to stand here and take an oath that they have read this and understand what in the world it means to businesses and families and individuals. If they want to take that oath, and maybe some will, then i refer them to, ladies
In to start legislative work today. You can continue watching this and both of last weeks Senate Health Care Committee hearings on the individual Health Insurance market on our website cspan. Org. Live coverage of the u. S. House. Prayer will be offered by our chaplain, father conro y. Chaplain conroy let us pray. Loving god we give you thanks for giving us another day. As members of the peoples house return to washington, delayed by the storms that have blown through the southeast, we ask your blessing upon them. That they might be all the more focused in their work and as modeled by so Many Americans in their efforts these past days in helping their neighbors prepare to Work Together to address our nations most pressing needs. Continue to bless those who are recovering from hurricane destruction and those fighting still the storms of wildfire that plague our western states. Blanket those who fight to overcome these Natural Disasters with your spirit of strength and endurance and pres