Treasury secretary Steve Mnuchin says the administration is working with congress on a spending package for National Coronavirus response. He testified before the house ways and Means Committee on President Trumps 2021 Budget Proposal and was asked about the governments response to the outbreak as well as its Economic Impact. We want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going tome brace here for the next couple of hours. To embrace here for the next couple of hours. Mr. Neal i think we can provide to the first issue so we can get to the chairman. It is of no controversy. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front
[inaudible] we want to be able to take advantage of the opportunity this morning to give the secretary time for the give and take in the dialogue that were going to embrace here for the next couple of hours. I think we can proceed to the first issue so we can get to the chairman. It is of no controversy. No con. So, first, let me call the ways and Means Committee to order. Good morning. Before turning to our hearing this morning. The committees annual budget on views and estimates for fiscal year 2021 in accordance with the requirements of section 301d of the congressional budget act of 1974. Members will find the letter in front of them. Let me thank Ranking Member brady for working with me on this matter so that we are able to submit a consensus document to the Budget Committee that reflects the priorities of the ways and Means Committee as a whole. Without objection, the views and estimates will be considered as read and open for amendment at any point. And if there are no amendment
Countries around the world are struggling to keep up with the coronavirus demick Global Stock Markets and how to target a week with some of the worst losses in over 30 years so whats the economic fallout and kind of a global recession. Story. Hello again im James Burrows its the worlds Biggest Health emergency the corona Virus Outbreak is now a pandemic and there are fears it could lead to a catastrophic Global Economic crisis sweeping containment measures have disrupted markets around the world including the u. S. A travel ban on 26 European Countries came into effect on friday and the unprecedented move sent stocks crashing to their worst losses in over 30 years on wall street the Dow Jones Industrial average sank 10 percent on thursday its biggest plunge since the black monday crash of 1907 while european markets showed some signs of recovery on friday throughout the week Global Stock Markets saw their steepest decline since the 2008 financial crisis wiping out billions across the e
Virtual reunion how a mother and her dead daughter have been brought back together. Im joined again. By african football play from one of the countrys major titles away from home soil to find out with. U. S. Officials say that theyve reached an agreement with the taliban which could soon lead to with the withdrawal of american troops from afghanistan a senior official at a security conference in munich has told reporters that if the weeklong agreement is successful it could be followed by the signing more pub and peace deal lets go live to our diplomatic editor james bays whos in munich at that security conference james what more do we know about this proposal. Well adrian this is something thats been in the works for a long time over a year you remember back in september though they came very close to a signing ceremony at camp david and then President Trump pulled a hole to wall of the talks of an attack that killed 12 people one of them a u. S. Serviceman but since then the talks ha
The somebody on oversight and investigations hearing will now come to order. Today the committee is holding a hearing entitled sounding the alarm, the Public Health threats of ecigarettes. The purpose is to examine the Public Health impacts related to ecigarette manufacturing, sales and use. The chair recognizes herself for purposes of an opening statement. Our country is facing a serious Public Health epidemic, one that is causing severe harm. This hearing will examine the cause of that epidemic, the uncontrolled and rising use of ecigarettes. As lifethreatening illnesses sweep the country and the use of products by yunoung people soar we must protect the American People from these products. First the data is now clear, over the past several years, weve seen an unacceptably high proportion of young people facing nicotine addiction. This year alone, more than 27 of High Schoolers report theyre using ecigarettes or vaping as its also known. From 2011 to 2015, there was a 900 increase, a