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A look at the impact of the coronavirus pandemic on Social Security. Witnesses before a house panel say recipient to rely on the income could be affected by a prolonged economic downturn. The subcommittee on Social Security will come to order. I want to welcome all of our witnesses and audience members, thank you for joining with us today as we bear up under covid19 and addressed technologically to coming together. We will begin with Opening Statements by myself and the Ranking Member. Testimony from our witnesses and the opportunity for each member to ask questions. We will dispense the practice of observing and instead go in order of seniority for questioning, alternating between minority and majority. Member will be responsible from youding and then muting ....
Of the outbreak of covert 19 which has included an absence of federal planning severe shortages of basic medical items such as test kits masks gallons and ventilators and a white house that peddles quack remedies and patent false odes has exposed the deep rot within American Society the United States now has the most confirmed cases of covert 19 in the world 15 times the number of cases reported in china but 2 ruling parties rushed to pass 3 relief bills but some 85 percent of the Financial Relief is for corporations this while some 40000000 americans have lost their jobs bringing the Unemployment Rate to about 20 percent of the workforce this while health care and that is inadequate and states face breadlines of up to 10000. 00 people. Over more than 2 centur ....
Of the outbreak of covert 19 which has included an absence of federal planning severe shortages of basic medical items such as test kits masks gallons and ventilators and a white house that peddles quack remedies and patent false odes has exposed the deep rot within the American Society the United States now has the most confirmed cases of covert 19 in the world 15 times the number of cases reported in china the 2 ruling parties rushed to pass 3 relief bills but some 85 percent of the Financial Relief is for corporations this while some 40000000. 00 americans have lost their jobs bringing the Unemployment Rate to about 20 percent of the workforce this while health care and that is inadequate and states face breadlines of up to 10000. 00 people. Over more than ....
Not joining us and i know shes on the call and id like to open it up to directors and ill start with brinkman. Thank you, very much, chair board and its going to be hard for me not to always call you director rubke and thank you for all the hard work you put into this and were a thoughtful and careful director and you have such empathy and i appreciated serving with you on the board and getting to know you as a friend and now we can talk and travel as long as we want and we wont have to sensor ourselves at all. Thank you so much for your years of service and i will miss you very, very much on the board. Director eakin. Thank you. Christina, director rubke, its been such an honour and privilege to serve with you. You bring an important perspective i hope you will stay in touch with us and weigh in on board items. You are always welcome to call and share your perspectives. Ive learned so much from you and i really join director borden to be sad that this will lose perspective and your in ....
Were sad to have the director not joining us and i know shes on the call and id like to open it up to directors and ill start with brinkman. Thank you, very much, chair board and its going to be hard for me not to always call you director rubke and thank you for all the hard work you put into this and were a thoughtful and careful director and you have such empathy and i appreciated serving with you on the board and getting to know you as a friend and now we can talk and travel as long as we want and we wont have to sensor ourselves at all. Thank you so much for your years of service and i will miss you very, very much on the board. Director eakin. Thank you. Christina, director rubke, its been such an honour and privilege to serve with you. You bring an important perspective i hope you will stay in touch with us and weigh in on board items. You are always welcome to call and share your perspectives. Ive learned so much from you and i really join director borden to be sad that this wil ....