But it was an awareness of what it meant in my life, and i mean an awareness of the importance of the occasion. And at the same time, a great prayer in my mind that i could meet the responsibilities. Godfrey a lot of people have told us that one of your greatest strengths was that you had an agenda of just a few big things that you wanted to change. Can you tell me what your goals were . Pres. Reagan yes, the country was in the economic doldrums. It doubled inflation, great unemployment, the economy stagnating, the people of the country seems to have lost a belief in themselves and in the country. Also, there was a matter of National Security. On any given day, half of our military planes couldnt take off for lack of spare parts. Half of our naval vessels had that or lack of crew. So i was determined that we had to restore the economy, and i have been asked many times, and campaigning if i ran into the deficit problem because we have been deficit spending for almost half a century, wit
Points and the s p is relatively flat weve been watching what is happening in the treasury market and we take a look now, well see the 10year yield, at this point, seems to be sitting at 0. 655 andrew, over to you. Just out in the last half hour, the Biden Campaign releasing a new jobs plan. Kayla joins us with more its 700 billion, kayla yes it is stemming from a 110page policy document that is essentially emerging of the left and moderate ring priorities inside the Democratic Party. It was produced. I the Campaign Said it will create millions of goodpaying jobs and reinforces some policy commitments as well as jot lining new programs that a Democratic Administration would push for including a 15 federal minimum wage, mandate for 12 weeks paid family leave, universal prek for 3 and 4yearolds and payment platforms for lowincome americans run by the federal reserve. Democrats say a Public Credit Reporting Agency is needed to provide transparent alternatives to the private sector. There
Vice president pence good afternoon. We just completed a briefing with governor ducey to therizonas response rising number of coronavirus cases. Few reflections on what we have heard and what we are determined to do. Before that, let me take a moment to reflect on another aspect of this day. A huge win for the people of arizona. For american workers, farmers, and ranchers. And that is that as of today, the usmca has taken effect. Told, this state in trade with mexico and canada supports 20 billion annually. I will dig this opportunity particularly to thank governor doug ducey for his efforts in moving the usmca through the congress. President trump committed to renegotiating nafta in a way to put american jobs, american workers, farmers and ranchers first, and we have done that. And that promise was kept when the usmca took affected a. So governor took affect today. So governor ducey, you have our sincere respects. President trump asked us to be here today. With the dramatic rise of co
Good morning. I want to welcome everybody to this hearing today. Today, our select subcommittee is a hybrid hearing as some members will appear in person and others may appear remotely via webex. Since members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this and other hearings in person should be wearing face masks. Now, i did not make these rules. Thats the attending physician rules. And after this meeting i will consult with the attending physician and other authorities, and will make a determination as to whether or not we should recognize people in the hearing who do not wear facemasks. I happen to have been born and raised as the 21st of next month, will have spent all 80 of my years in south carolina. So i know a little bit about rules and i know about and mores. So i will consult with them. As of today i will share with the authorities in the attending physician the exper
Sb Committee Comes to order. Good afternoon. And welcome to our witnesses and audience members. Let me thank you all of you, for coming, and for participating in this subcommittee hearing. Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses, and an opportunity for every member to inquire for five minutes. We will dispense with our practice of the given and instead go in order of seniority for questioning alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. However, all members are responsible for unmuting themselves when they