Discuss the president s 2022 Budget Proposal. Theres lots to discuss and time is tight. Lets begin with taxes. Last tuesday, americans woke up to what appeared to be the largest unauthorized disclosure of taxpayeR Data in history. As i said at the time, the committee takes the confidently of taxpayeR Data seriously. I expect an appropriate investigation is under way. I want to thank treasury officials who held a briefing with the staff this week on the subject. The committee takes confidentiality seriously. I also take the issue of economic fairness very seriously. The information in the report depicts a Tax System in which the wealthiest people in the Nation Pay Rock Bottom Tax rates, sometimes zero. Whats worse is its all perfectly legal. The details may not have been a surprise to those who follow taxes, but theyre still a Gut Punch to read it on a page. Days later, another new report described a second big tax ripoff. In this case, from the people who brought you the carried Intere
If you indicate approval by nodding, staff will unmute your microphones. The Fiveminute Clock still applies, if there is i remind members the five Minute Clock still applies. A clock on your screen will show how much time is remaining. It will turn yellow at 30 seconds and i will gently tap the when time expired. In terms of speaking we will follow the order set forth in the house rules beginning with the chair and ranking member. And then members present at the time the hearing was called to order. Finally, members not present at the time hearings were called. We have set up an Email Address to which members can send anything submitted in writing. That Email Address has been provided to you in advance. This morning we welcome secretary of Treasury Janet Yellen to testify before the subcommittee. Thank you for being here today. The department of treasury plays a vital role in supporting the u. S. Economy. I did not go unnoticed as the Subcommittee And Congress put together muchneeded R
Live coverage on cspan. Designated by the chairman. Members are responsible for muting and on muting themselves. I will ask if you would like the staff to unmute you. I remember the Fiveminute Clock still applies, if there is i remind members the five Minute Clock still applies. A clock on your screen will show how much time is remaining. It will turn yellow at 30 seconds and i will gently tap the when time expired. In terms of speaking we will follow the order set forth in the house rules beginning with the chair and ranking member. And then members present at the time the hearing was called to order. Finally, members not present at the time hearings were called. We have set up an Email Address to which members can send anything submitted in writing. That Email Address has been provided to you in advance. This morning we welcome secretary of Treasury Janet Yellen to testify before the subcommittee. Thank you for being here today. The department of treasury plays a vital role in suppor
For. And it is crushing the county and the area. A lot of to be able to welcome, Treasury Secretary Yellen to discuss the president s 2022 Budget Proposal. Theres lots to discuss and time is tight. Lets begin with taxes. Last tuesday, americans woke up to what appeared to be the largest unauthorized disclosure of taxpayeR Data in history. As i said at the time, the committee takes the confidently of taxpayeR Data seriously. I expect an appropriate investigation is under way. I want to thank treasury officials who held a briefing with the staff this week on the subject. The committee takes confidentiality seriously. I also take the issue of economic fairness very seriously. The information in the report depicts a Tax System in which the wealthiest people in the Nation Pay Rock Bottom Tax rates, sometimes zero. Whats worse is its all perfectly legal. The details may not have been a surprise to those who follow taxes, but theyre still a Gut Punch to read it on a page. Days later, another
Differ live now to a Hearing Treasury Secretary janet yellen. Live coverage on cspan. Designated by the chairman. Members are responsible for muting and on muting themselves. I will ask if you would like the staff to unmute you. I remember the Fiveminute Clock still applies, if there is i remind members the five Minute Clock still applies. A clock on your screen will show how much time is remaining. It will turn yellow at 30 seconds and i will gently tap the when time expired. In terms of speaking we will follow the order set forth in the house rules beginning with the chair and ranking member. And then members present at the time the hearing was called to order. Finally, members not present at the time hearings were called. We have set up an Email Address to which members can send anything submitted in writing. That Email Address has been provided to you in advance. This morning we welcome secretary of Treasury Janet Yellen to testify before the subcommittee. Thank you for being here