Coronavirus impact on the nations Food Industry, Small Business can be heard from representatives of the industry on supply chain issues, loss of customers, perishable food than facility cleaning and maintenance, this is just over 90 minutes. I call this hearing to order. Without objection the chair is authorized to declare recess at any time. I think everyone especially our witnesses for joining us today for our committees private hearing. I want to note some important requirement. Let me begin by saying the Committee Rules and practice continue to fly during hybrid proceedings. Members are reminded they are expected to adhere to these rules including decorum. During the period designated by the speaker the committee will operate in accordance with House Resolution 965 under subsequent guidance from the rules committee in a manner that respects the rights of all members to participate. House regulation requires members to be visible through video connection throughout the proceedings
To participate in another proceeding please exit this one and like back in later. Any that a member encounters technical issues that prevent them from being recognized from their questioning i will move to the next available member of the same body and will recognize the member of the next appropriate timeslot provided they have returned to the proceeding. In the event the witness loses connectivity during testimony or questioning i will preserve their time as staff address technical issue. I may need to recess the proceedings to provide time for the witness to reconnect. Finally remembered to remain muted until you recognize to minimize background noise. Over the last few months the outbreak of covid19 has led to an unprecedented Public Health crisis and creating a dire economic crisis for small firms. Three out of four businesses are experiencing a decrease in revenue and over half of Small Businesses are concerned about being forced to close. Small businesses across the Food Supply
Good morning. I call this hearing to order. The chair is authorized to declare recess at any time. I want to thank everyone especially the witnesses for joining us today for the committees. I want to make sure to note some important requirements. Let me begin by saying that the rules and practice will continue to apply during the proceedings. All members are reminded that they are expected to appear to the rules including the quorum. The d and the guidance from the rules committee in a manner that respects the rise for all members to participate. It requires the members to have connections so please keep your cameras on. Also if you have to participate in another proceeding, please exit this one and log back in later. On the technical issues, recognized in the questioning i will move to the next available member of the same party and recognize that member at the next appropriate time slot provided the of returned. If a witness loses connectivity during testimony were questioning, i wil
[inaudible conversations] [inaudible conversations] okay, lets go. Senator bennet we will turn to you. Mr. Chairman. It just seems to me was close to a quarter million americas children living in poverty and im sorry im calling up amendment 11. With almost a quarter for children living in poverty and the middle class struggling with lack of wages Early Childhood education is up and health care is up, that it seems to me we could have thought about a lot better use of this money then giving 39 billion to 1 of americans that are making over a Million Dollars a year and by the way its year after year after year. Thats when the deficit is so huge. Its year after year after year. I was at a meeting with some of my colleagues and President Trump called and im not saying anything that hasnt already been put in the newspapers but one of the things he said on the phone calling from asia was how terrible he said this plan is for the rich. I dont refer to people that way but he said turbo for the
Julie its another day of records. Its not at a record, even though it is higher. We did have inflation data this morning. Is that why we see the gains here today . Its not entirely clear. We started to date meeting of the Federal Reserve that might lead to an Interest Rate increase. Thats what many Market Participants are expecting. One thing stands out on this graphic area the philadelphia utility index is a link in the session in what is an otherwise in the green. We want to look at the rig movers. We have a couple of big cap movers. Boeing announced an increase in its dividend of 20 . To buy frompgraded neutral. We have more streaming deals in the companys future. On the flipside, we have Iron Mountain down. They announced they were going 1. 3 billionor dollars. Debtso changed the company to negative. Is falling once again. The company said the power commit equipment is in the investigation to the fires in southern california. The department of for street and Fire Protection might b