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Companies and more. Including spark light. At spark light it is our home too and we are facing our greast challenge and that is why we are working around the clock to keep you connected. We are doing our part so you can do yours. Sparklight supports cspan along with these other Television Providers giving you a front roe seat to democracy. Irs commissioner testifies on Child Tax Credit and the use of Artificial Intelligence in auditing tax returns. The topic of the earned income tax credit fraud was also discussed. [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. Before we began i now, i know the committee will come ft order. Before we begin, i know i speak for everyone here when i wish our ....
Friends. 33 hours away from the possibility of anited states of america becoming a deadbeat nation not paying its bills. Melissa in fact jus moments ago, fitch putting our countrys credit on negative watch. Its a big deal to markets and investors. This just as reportedly there is progress being made in washington right nowo end the shut down. In a few hours the house will vote on a plan tund the government through february 15th, raise the debt limit to februaryth and cut off subsidies to congressiol and whiteouse aides. Even if the measure passes tonight, it will face aough challengin the senate. Here to weigh on the ongoing negotiations senator john hoeven of north daka. Senator, let me ask you, would you vote yes or no on the proposal were talking about now . Melissa, weve got toee it but we need something done. Were working on two fronts, the house bill which im supportive of them bringing a bill forward. Were negotiating with the senate as well. Yes, i very much want melissa wt do ....
And tonight we have a surprisingly good report on the unemployment jobless rate goes down at 7. O as 203,000 jobs were added but how good was their real or is a more or less of government steroids with benefits and middleaged . We have stevedore from the wall street journal. And jonas harris we appreciate you being here. Qualities he give the jobs report today . To back we are in the middle because you what the economy to improve but not want to the fed to stop totally but yet you want to show it is Getting Better because sees earnings have to grow so the goldilocks scenario is the underlying growth would pick up and yet pick up later but then not have a crash when the rates go higher. Dennis you say the stocks go down with good news because we are scared of they will tie ended . But today they went up triple digits is there such an attitude to where i think the economy will go okay . Fortunately a part of that is the investors ar ....
Distinguished career, rudy was the director of the Congressional Budget Office where he supervised marty regalia who didnt learn a lot from him and thats why im here but i remember those conversations and i hope i can do them justice today and he is deputy assistance secretary for Economic Affairs at hud and a senior staff economist at the council of economic advisors. And then finally last but not least, we have david walker, founder and c. E. O. Of the comeback america initiative. Davids formerly the comptroller general of the united states. He was also the head director of the of the u. S. Government Accountability Office for almost 10 years. He is widely read and authored numerous articles on the debt deficit and he has a new initiative which i think makes tremendous sense and may doom it obscur ....