We couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Opening Statement and turned to Maggie Hassan my Ranking Member and then i think Ranking Member wise and for the entire committee for statement you would like to make as well. Again thank you all for being here. Im grateful to all who are joining us via the internet. Today we will address the topic a with refer to shy away from addressing her nations run away debt and deficit could when it comes to our Health Care Choices arent so easy. We exercise we want to relax and eat healthily when we preferred a splurge. These promote health and fitness and is worthwhile for her overall wellbeing. Sim
The Senate Finance subcommittee on fiscal responsibility on Economic Growth is a virtual hearing on the fiscal outlook and i thank you all for participating. I thank you all for participating and i think its going to be good and im sorry we couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Opening Statement and turned to Maggie Hassan my Ranking Member and then i think Ranking Member wise and for the entire committee for statement you would like to make as well. Again thank you all for being here. Im grateful to all who are joining us via the internet. Today we will address the topic a with refer to shy away from addressing her nations run awa
The Senate Finance subcommittee on fiscal responsibility on Economic Growth is a virtual hearing on the fiscal outlook and i thank you all for participating. I thank you all for participating and i think its going to be good and im sorry we couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Opening Statement and turned to Maggie Hassan my Ranking Member and then i think Ranking Member wise and for the entire committee for statement you would like to make as well. Again thank you all for being here. Im grateful to all who are joining us via the internet. Today we will address the topic a with refer to shy away from addressing her nations run awa
As the 1st major. Struggle. Is expected. Its good to have you with us germanys economy has taken its hardest hit since the 2009 financial crisis contracting 2. 2 percent in the last quarter. Destructions clothes shops and restaurants wiped out and sent manufacturing into a tailspin and the government says before any recovery takes hold theres more pain ahead. Germanys g. D. P. Data is due me even if slowly but surely the lights of the economy are being turned on again. Folks like the countrys biggest carmaker opened its main volves plant a few weeks ago and despite distancing measures is edging towards full capacity as well as manufacturing the Services Sector is returning to normal hairdressers opened last week well its even possible now to meet friends for beer again some cafes and bars open their outdoors areas. While that suggests some hope a lot of damage has been done the german g. D. P. 1st quarter fall of 2. 2 percent is a dramatic drop after years of relative stability it also
They lack workers many of whom havent made it back from the Lunar New Year holidays due to travel restrictions and distribution of goods also remains a problem due to transport and flight restrictions. And even as infection rates steady there are questions of whether the worst is over or if the disease isnt yet done with china. There are still many cases and who by province and move on and control is arduous spread of the disease overseas adds uncertainty. Uncertainty its still the key word as china tries to reboot its industry in a global economy. Washington stimulus plan to combat a potential buyers related economic crisis is meeting bipartisan resistance after a closed door meeting yesterday president must now consider how to sweeten the deal that will convince not only republicans and democrats to sign up but also calm world markets. President Donald Trumps plan to shield the economy from the coronavirus includes payroll tax cuts how much and for how long thats still being negotiat