The president to work with our congress now. Our nation decuves better. I now yield six minutes to the Ranking Member for her opening statement. I want to thank the chairman for holding this hearing and im delighted to welcome you secretary to our committee to testify today. I would like to discuss what i believe to be one of the biggest social economic and political challenges we face today both domestically and internationally and that is the problem of growing inquality. Over the past 30 years income and equality in the United States has been steadily increasing. This was the case even during periods of growth. Before the financial crisis levels of inequality in the United States reached peeks not seen since the late 1920s. While other committees have also experienced rising income inequality, the most shocking shortcomings are right here in the United States which has the highest level of inequality of any advanced industrial nation. In fact today 20 of the income in our country go
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