This is 3. 5 hours. The committee will come to order. Welcome to the ways and Means Committee hearing on increasing u. S. Competitiveness and preventing american jobs from moving overseas. Before we get started, i want to take a moment to speak about the evil terror attack that occurred last night in the united kingdom. Our deepest condolences go out to the victims, to their families and their loved ones. Please know that you are in our prayers. Today, were continuing our work on pro growth tax row form that will improve lives all americans. This mornings hearing is strengthening americans pro competitiveness and preventing jobs from moving overseas. For years americans have watched as our manufacturing plants, middle class jobs and longstanding u. S. Companies have moved overseas devastating communities and the families that depend upon them. Hundreds of thousands of goodpaying american jobs have left and continued to leave to china, mexico, ireland, and other foreign countries. Some
The trump administrations efforts to overhaul the tax code. This is 3. 5 hours. The committee will come to order. Welcome to the ways and Means Committee hearing on increasing u. S. Competitiveness and preventing american jobs from moving overseas. Before we get started, i want to take a moment to speak about the evil terror attack that occurred last night in the united kingdom. Our deepest condolences go out to the victims, to their families and their loved ones. Please know that you are in our prayers. Today, were continuing our work on pro growth tax row form that will improve lives all americans. This mornings hearing is strengthening americans pro competitiveness and preventing jobs from moving overseas. For years americans have watched as our manufacturing plants, middle class jobs and longstanding u. S. Companies have moved overseas devastating communities and the families that depend upon them. Hundreds of thousands of goodpaying american jobs have left and continued to leave t
Before we get started i want to take a moment to speak about the evil terror attack that occurred last night in the united kingdom, our deepest condolences go out to the victims, families and their loved ones. Know youre in our prayers. Today, were continuing our work on pro growth tax reform that will improve the lives of all americans. This mornings hearing is focused on strengthen americas competitiveness and preventing jobs from moving overseas. For years americans watched our our manufacturing plants, and longstanding u. S. Companies have moved overseas, devastating communities and the families that depend upon them. Hundreds of thousands of good paying american jobs have left, and continued to leave to china, mexico, ireland, and other foreign countries. Some of our communities have never recovered. Because when these plants and Companies Move overseas, local businesses housing value and local tax revenue disappear with them. Ive watched as 17 key Texas Companies have relocated t
Host what led to that decision. Guest well, it was during the Johnson Administration in the late 1960s. It was part of the Telecommunications Task force. It had concluded that the Telecommunications Industry could be competitive. And they have made recommendations mainly to the federal Communications Commission on how to make that happen. Then when Nixon Administration came along, the staff in the antitrust division, after watching for a couple of years, decided to pursue antitrust rather than sec regulation as the means to introduce the competition. My role that i was on both the Telecommunications Task force and i was one of the outside economists advising the department of justice when the case was being shaped. Host professor houseman . Guest i didnt come in until 1982 and thereafter when the antitrust division decided to review, about three years later, there was a report that was done. I was an advisor to the government on the reports. I was involved thereafter in the various cha
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