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Audio real quick . Hell of a time getting in here today. You sound great and you look great. Thanks, i needed that. Gavel again. Okay. Good morning, welcome. I call to order subcommittee on oversight. I want to thank everybody for joining us today. Were holding this hybrid hearing in compliance with House Resolution 965. Accordingly i am joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining us. Before we turn to todays important topic i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations the committee will keep microphones muted. For those participating virtually to limit background noise. Pause for one moment. So we will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized f ....
To return the money. The deadline for a response is today. I left a message, and they sent the following statement yet the company has a current market value exceeding 150 million. The intent of this was for business that needed the money. Reporter how and why did quantum qualify in the first place if if they really need this ppp loan. Reporter julie, we know quantum has more than the 500 employee limit. How did the company qualify . As long as we didnt have more that be 500 emmoye ployees given location. So there was an eligibility factor that allowed us to look at location by location. Reporter it seems these companies have a lot of room to get around these requirements. In some industries we have upwards of 1500 employees and still be small. Reporter according to s. E. C. Filings, quantum reported more than 402 million in revenue last year. Records show the ceo made more than 337,000 last year. Plus he was awarded a stock option of more than 1. 9 million. Wasnt really happy about th ....
For republicans. 2027488001 for democrats and independents, 2027488002. If you want to post on social media, you can do so at it or cspanwj and on our you can orso at twitter at cspanwj our facebook page, facebook. Com cspan. Some of the topics being discussed at those meetings. If you go to the website wglt. Com, a forum held by rodney davis. Infrastructure was one of the top issues. The representative from illinoiss 13th district is pushing for passage of the federal highway bill. About 80 of the construction project on the interstates that may back you up in traffic for a federal taxd for by dollars. We will reauthorize the highway bill, adding that he does not believe in a federal gas tax paying for infrastructure. The story says he was not not specific in proposing ways for. To pay for improvements going to new jersey, frank pallone, the democrat from that state addressing folks on an august 15 town hall meeting. Several discussions taking place during that forum adding it was in ....