Cspans q a. This week on newsmakers, neil bradley, the chief policy officer and executive Vice President of the u. S. Chamber of commerce. Thank you very much for being here. Neil thanks for having me. Greta we still we also have with us Jeanna Smialek with the New York Times and chris with rugaber with associated press. Chris. Chris lets talk about trade. 40 of the fortune 500 has complained on earning calls and so forth about the impact of President Trumps tariffs on chinese imports and other items. How big an impact, how much is this hurting companies . I am interested how you may compare it to the benefits of the tax cut in 2017, which reduced rates on business. Have these tariffs got into a point where there almost offsetting the benefits of the tax cut . Neil they are certainly dampening the benefit of the tax cut. There are two impacts of the tariffs on business. The first is the tariffs in already in place and are at cost. The is uncertainty of additional second tariffs. That i
Point where there almost offsetting the benefits of the tax cut . Neil they are certainly dampening the benefit of the tax cut. There are two aspects of the tariffs on business that are impacting business. The first is the tariffs already in place and are at cost. The second is uncertainty of additional tariffs. That is playing out over the next several months with respect to china and even automobiles, with respect to tariffs on automobiles. And if you are running a company by the way, not just Large Companies if you run a company, you have difficult y planning, because you dont know the cost of goods you are buying to either sell to consumers in the United States or the cost of something you are making in the United States. That is a real problem. The other side of that is not just tariffs on our imports, it is tariffs posted in retaliation huge harm for the ag industry and increasingly manufacturers. Jeanna the university of Michigan Confidence numbers just came out. What we saw was
The joint costs of raising a child. The hearing is over two hours. Good afternoon. Thank you for being here to join us for this hearing of the joint economic hearing committee. The American Economy is thriving. The current expansion is the longest in history. Unemployment has remained below 4 over the last 18 months. We have seen consistently solid gdp growth and job creation. , notwithstanding the successes, for many parents across this country, raising a family has become harder and more expensive. The New York Times recently reported that based on the survey adults between the ages who are parents or plan to be, they discovered interesting trends. Childrenur had fewer or expected they would have fewer children than they expected to be within the range of ideal. Economic concerns were foremost among the reasons, that they fell short or believed in the future they fell short of what they would consider ideal. These social Capital Project has documented trends in what we associationalr
New york times and Chris Rugaber with associated press. Chris, go ahead with the first question. Chris lets talk about trade. 40 of the fortune 500 has complained on earning calls and so forth about the impact of President Trumps tariffs on chinese imports and other items. How big and impact is this hurting companies and compare it to the benefits of the tax cut in 2017, which reduced rates on business. Have these tariffs gotten to the point where they are almost offsetting the benefits of the tax cut . Neil there are two impacts, the first is the tariffs in place and already a cost obviously for business, and the second is uncertainty of additional tariffs. That is playing out over the next several months with respect to china and even automobiles, with the threat of tariffs on automobiles. And if you are running a company, by the way, not just Large Companies, if you run a company you have difficult planning because you dont know the cost of goods to sell to consumers in the United S
To be there at least four years and hopefully 8. I think if that occurred, i think you could have big changes. Dr. Roe, as chair of the Veterans Affairs committees, would the past problems with the crisis hot lines, the suicide hot lines, have they been resolved . The crisis, obviously, suicide is incredibly its one of the saddest things i can think of its completely preventable. The last estimate was around 20 veterans a day. That is unbelievable. The last hot line was established in 2007. It definitely has problems but improved dramatically. We had a hearing last week. I was encouraged by it. Its not where it needs to be yet. But theyre picking up 99 point something decimal points of the calls and i think they have saved lives. I really do. Because you never know for sure and it will take probably several years to see if we have a decrease in that. We know veterans commit suicide 20 more than the population in general. That didnt used to be the case. Were not sure why that is. Used t