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Credit and procurement cards issued to Government Employees for their expenses can be used with apple pay and were working on initiatives with leading banks and networks to use this technology with benefit programs like Social Security and veterans pensions, citizens of both the state and federal level. We can imagine a day in the not so distant future when your wallet becomes a remnant of the past your passport your drivers license and other Important Documents can be digitally stored in a way thats safe, secure and easy to access. But only by you. After all, we shouldnt have to trade our security for the convenience of having all of this information at our fingertips. When a system is designed properly, security and convenience can actually work in harmony. This is a world of greater privacy. And a world wh ....
Whether its a special interest loophole in the tax code, to special interests, many of those tax expenditures do not create growth and they increase the deficit. And they are just like spending. Theyre called an expenditure because theyre giving a tax break to certain special interests. How does that fit in here . We want to go to the table, put everything on the table subject it toing a notic s a toing a noes tick scrutiny to to agnostic scrutiny that has fairness, simplicity and transparency. What the republicans are proposing this week is totally in opposition to our being able to do that effectively. What they are saying is let us take 800 billion permanently unpaid for out of the mix and then we have less to negotiate on. And then in terms of what we can do on the other side of the budget, which are investments into the future. I have always said, and i think that most economists would agree that the best nothing brings more money to the treasury or reduces the deficit more than i ....
And this has been alluded to a little bit weather today too, theres been some discussion about what are the goals attached. One of the things i think that separates us here, which makes it kind of hard is that there are folks who look at this as an exercise to raise revenue, its something the president wants to do, a lot of us believe the best way to get revenue is through greater growth. And that tax reform the goal of tax reform ought to be how do we generate Economic Growth in the economy. Which addresses a lot of those income disparity issues that were mentioned earlier as well. Speak a little bit about growth as an objective, and how you think that plays into the deliberations that should occur here. Growth, obviously, everybody wants growth. But i remember russell long, who is chairman of this committee for 16, 17 years. And one meeting going, ive been here for 30 years. Three times we have put the investment tax credit in ....