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[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 ....
To reach those kinds of levels changing the way that people are thinking about the electricity or the Energy Market systems that they are being incorporated into . Thats a good question. Look, its a cliche but this is truly disruptive technology. We have we built an electric system that is hub and spoke, thats been around for a while now and is centrally controlled. With exceptions, relatively manageable. The sheer nature of distributed power, whether thats pv or maybe its microwind or other things, is that creates challenges. Thats a change. Then throw in the fact that there is the unpredictability about when you get the juice. That creates further uncertainty. Look, the answer is that i think your program is great and people are trying to think about where the utility fits in everything. Theres a lot of smart thinking and reconsideration going on. Theres some people who are saying, i know where the utility fits. Its where it has ....
The finance committee will come to order. The u. S. Tax code is infected with the chronic diseases of loopholes and inefficiency. These infections are hobbling americas drive to create more good wage, red, white and blue jobs here at home. They are a significant drag on our economy and are harming u. S. Competitiveness. The latest outbreak of this contagion is the growing wave of corporate inversions where American Companies move their headquarters out of the United States in pursuit of lower tax rates. The inversion virus now seems to be multiplying every few days. Medtronics proposed merger was record breaking when it was announced in june. But the ink in the record books had barely dried when abv announced its intention on friday to require shyer for almost 55 billion. According to the july 15 edition of marketplace and im going to quote here whats going on now is a fee ....
Opposite. Indeed, american welfare can be advanceded by ensuring that investments in the u. S. And abroad are owned by the most productive owner and the americans flourish. A goal now adopted by most comparable countries. While the developments described above have crystallized t case reform still variation in proposals for territorial regimes. Some proposals including those with an alternative minimum taxn foreign profits or can amount to a backdoor worldwide regime with more complexity than todays system. The considerations figure largely in tax reform today but should be accorded second area status given the limited revenue in the International Tax rules and the remarkable complexity distortions required to secure any such revenue. It isnt clear that policies should prioritize other countries. More broadly the International Reforms in the reaction reforms to addr ....