Transcripts For CSPAN Key Capitol Hill Hearings 20240622 : v

CSPAN Key Capitol Hill Hearings June 22, 2024

Of individuals like the clintons, who worked hard for the middle class throughout their entire lives. [applause] hillarys here today to talk about economic growth. She is here to talk and take your questions regarding our economy. We had this promise here in america. That promise is if we all work hard and we play by the rules we can get ahead. You folks who dont know me, i have run a business here for 40 years. Im in the boat business in dover. I can tell you that they are saying a rising tide floats all boats. I can tell you that the greatest expansion in peacetime since world war ii is during a time that the clintons from arkansas occupy the white house. [applause] and i dont know about you but we are still here in dover we are still members of the working class, middleclass families, and we need an ally. We need an ally in the white house. That will not forget where they came from. I can tell you and you have my word that the clintons never forgot where they came from. Ever. [applause] so as i mentioned earlier, a rising tide. Im in the boat business, so i know this. A rising tide floats all boats. We need a new rising tide in america. It is my privilege to introduce to that person who is going to bring us that tide. Hillary rodham clinton, the next president of the United States. [applause] ms. Clinton thank you. Thank you. Thank you all very much. Thank you all so much. Thank you. Wow. Thank you very much george, and i do have a really soft spot in my heart for dover. There are a lot of young people here, which im thrilled to see. [applause] it looks like some of them were born in 1992, the first time i came to dover but i remember it so well. Thank you for gathering today on this beautiful summer day for this town hall, right before i came in i was told that the Dover Babe Ruth under 16 Girls Softball Team just won the state. [cheers and applause] i played softball. A long time ago. The last team i played on in high school was sponsored by the local candy distributor and the distributor got to name the teams that he sponsored, so we were the good and plentys. [laughter] the kindly suggested that we wear a uniform the corresponded with the color of the candies. Black, white, and pink remember . We did. We did. So im especially pleased that that team is now at the regionals, and i wish them well. I hope today to talk to you about the economy, to hear from you on that issue or anything else that might be on your mind. Some of you may know that i gave a speech this past monday about what is at the center of my economic agenda, and that is raising incomes for the American People. [cheers and applause] making the middleclass means something again. Helping pool horse stretched people who are so stretched with her budget be able to meet their daily expenses and put some aside to save for the future. Given what we have been through with the gate Great Recession , the worst fiscal crisis since the Great Depression in america, it took a lot of hard work for people to call themselves out of the ditch we were in. It also took good leadership from a democratic president , and i believe [cheers and applause] i believe president obama does not get the credit he deserves for digging us out of that ditch. [cheers and applause] in fact, there is a pattern here. We have had in the last 35 years five president s, three republicans, two democrats. Each of the democratic president s inherited problems, economic and other problems, but focusing just on the economy from their predecessors. I remember very well when right after the election my husband said to me, you know that deficit is a lot worse than they told us. And then i remember meeting with president elect obama about a week after he won and he was asking me to be secretary of state and he started by saying you know, the economy is a lot worse than they told us. So we know that it takes a lot of hard work to get the economy moving again. And, as you heard george say im very proud of that during my husband posit ministration we did have the longest peacetime economic period in history, 20 million new jobs. Im very proud that now president obama and the hard work of the American People reversed losing 800,000 jobs a month. We have recovered more than 12 million jobs. We are on the right track. We are standing, but not running yet. Its going to be up to the next president to figure out how we take the gains of the two terms of president obama and build a Strong Foundation for raising incomes for hardworking americans. That is what i want to do. And i will tell you what the contrast is, because that is what this election in many ways will be about. Everybody running on the other side has a different economic philosophy. They really still believe that if you cut taxes on the wealthy if you lift regulations on corporations that somehow Economic Activity will trickle down to all the rest of us. Well we have tried that. We have tried it and it hasnt worked. You know that old saying, fool me once, shame on you. Fool me twice, shame on me. We are going to have a big debate in this campaign about what Economic Policy and philosophy to follow. And i think its really important for voters to be as engaged and informed as you possibly can, and theres no place more important to do that than right here in New Hampshire. Thats why on monday i laid out a threepronged strategy for strong growth, fair growth, and longterm growth. I dont think you can have growth or fairness. You have to have both. [cheers and applause] the way we do that is kind of getting back to basics. Of course there will be a lot of important recommendations that i will be making throughout this campaign about what works, but the evidence for what works is, and how we can hopefully Work Together to implement those policies. Its important for me to really ask you to think about your own lives. One area for strong growth we have to pay more attention to his Small Business. Small business on average creates 60 of the jobs in america. But it has been really difficult for Small Businesses in the last decade in ways that you can all probably imagine. Regulations, taxes, and particularly since the Great Recession, not enough access to capital to be able to start a business and grow a business. I want to be the Small Business president. My dad was a Small Businessman. I know what his hard work gave to us. He gave us a good middleclass lifestyle. And he worked hard for it, but we were able then to realize what i think is a basic bargain in america, where you work hard you get your reward. You get to do better. And you really do hope that your children will do even better than you. That is what we have to restore. When it comes to fair growth, of course theres a lot of things we need to do. Raise the minimum wage, enforce laws like over time, make sure we finally pay Women Equal Pay for equal work. [applause] and i am quick to say, this is not just a womens issue. This is a family issue in this is an economic issue. If people are not being paid fairly, that hurts everybody. It hurts the Small Business town that doesnt get enough customers because people cant afford what they are selling. When i talk about equal pay for equal work, i really mean that that is a Growth Strategy as well as a fairness strategy. The more we equalize what people are paid according to their own effort, the better off we will all be. On longterm strategy we have to make investments that will grow our economy and research and development in infrastructure. It is the on to my understanding that we are having a partisan battle in congress over funding infrastructure. We are in a global competition. Other countries are investing in their infrastructure. I dont mean just our physical infrastructure, as important as that is, roads and airports and bridges. I also mean our virtual infrastructure. We need to get broadband affordable quality broadband to every place in this country just as we got electricity to every place in this country in earlier times. [applause] this one particular issue i want to talk about today before throwing it open to questions. I really think the corporations are missing a big bet. Credible studies prove that Profit Sharing with your employees is good for the employees, good for the businesses, good for the economy. I want to incentivize more companies to do just that. We have some great examples here in New Hampshire. One you are familiar with Market Basket, right . [applause] Market Basket provides profitsharing for employees who work more than 1000 hours a year for both fulltime and parttime employees. Im pretty proud of that, and i think it makes Good Business sense. [applause] and when you hear from Companies Like Market Basket is that this increases productivity, it increases loyalty of employees it gives you a bond with your employees, they will work harder, they will look for more things to do to improve whats going on in the stores. That is common sense straight you treat somebody like they have a stake in your business, they are going to stand up a little straighter, they are going to work a little harder, they are going to make a difference. Theres another company here in portsmouth, pax world investments. Joe kivas right there. Hey, joe. Joe started this company, it is an investment company. Hes a big believer in profitsharing. He provides profitsharing to his employees. I want us to try to convince more companies to do just that. I am proposing a rising income sharing profit tax credit that would encourage more companies to provide profitsharing by giving those companies a 15 tax credit of the amount of the profitsharing for two years to get that started and to see that it works like so many of the other companies that already do it. [applause] i think by providing examples and incentives and comparing what works to what doesnt work just like economic policies that work and dont work, corporate policies that work and dont work, we have got to do a better job using information as a tool for changing corporate behavior and corporate purpose. I think its a big part of what we can begin to implement when im president. And i believe that if we do more of that, we will send a very strong signal i will have more to say about corporate purpose next week i doubt we need to get businesses back looking after their employees that is that we need to get businesses back looking after their employees, not just their executives and shareholders. There has got to be a [applause] there has got to be a recognition that there is more in it for all of us if we do it like that. So therefore, i am going to be presenting a lot of plans that i hope will find favor first with voters, and then as president with those who im going to try to influence by incentivizing but eventually by changing laws, if that is what it takes, so that we have more of an economic approach the reflects, number one, how lucky businesses are to be operating in the United States of america with all that we provide, the support we give, the rule of law that is part of our National Economic climate and therefore we need to work more as partners and not have an adversary relationship between our economy and our society. I believe weve got to get the economy to work for everybody and weve got to get our democracy to work for everybody. Its going to require changes in both. [applause] so im excited. Im excited about this campaign, im excited about what we can do together. I really believe with all my heart that this is one of those elections that will set the course for the rest of the century, and we need to get it right. We cant go backwards. What im proposing is not left or right so much as it is forward or backward. We are going to go forward. So, with that, lets start with your questions. They can be about anything. Do we have microphones around . The first hand i saw was this young woman right there. Yes . My name is brenda. I have been a caregiver for my husband for nearly 10 years. He has younger onset alzheimers disease. My mother is almost 89 and lives with me. She has alzheimers disease too. I am one of 65,000 alzheimers caregivers in the state of New Hampshire. I know firsthand the pain of seeing somebody slip away to this disease. I also know the financial burden this disease carries for families as well as our country. In your president ial campaign and beyond, what will you do to that this devastating disease and the potential bankruptcy to medicare and medicaid will get the attention it needs . Thanks. Ms. Clinton first let me thank you for your caregiving and your care. [applause] i want you to think about what she said. 65,000 caregivers in one state and multiply that many times over. And we have a caregiving crisis. We have so many millions of people who are providing either fulltime or parttime care for those they love, for spouses, for children for their aging parents or other relatives. We are going to have to come to grips with this, because right now we are not doing enough to support you in the important work you are doing in your home. I want to make three points. First, with respect to specifically to alzheimers, i am 100 committed to increasing the research that goes into alzheimers. One of the real unfortunate setbacks from the cutbacks from congress is that so much of the Health Research done by the National Institutes of health and other firstrate Research Institutions has been cut back. I was talking to a scientist the other day who said that when congress cut the money for the nih and others, literally labs were closed, young scientists were laid off, and it stopped progress in a number of very important efforts, including with respect to alzheimers. We have got to get back funding our research and science agenda, and particularly our research into diseases like alzheimers. We are going to be on the brink of making some breakthroughs. [applause] secondly, i think we have got to do more within the government programs, particularly medicare, to provide more support for caregiving that is given by a relative. People worry, ok, how do you make the judgment . We can pay for a visiting nurse. We can pay for some buddy in from the outside, but how do we provide Financial Support for the woman taking care of her husband and her mother . I think we are smart enough to figure that out. I think our failure to do so will actually end up costing more money because more people will not be able to do what you are doing. They cant afford it, so therefore they will turn and say, i have to keep working because i also have dependent children at home, i have to keep working because my husband no longer can and so i cant do any of the caregiving. Ive got to go into the formal workplace. Somebody will have to come in and help. Why cant we be smart enough to figure out how we support the Family Caregivers in addition to the nonFamily Caregivers . Im working very hard to figure out how we do that, because clearly the costs projected into the future are quite substantial. But as a friend of mine who is taking care of her husband said to me not so long ago, she said if every Family Caregiver stopped working tomorrow, you would have to find about 350 billion worth of care to make up the difference. Lets figure out how we do that and dont discriminate against Family Caregivers. We also need to give you more respite care. There has to be a program for respite care. [applause] too many people, they do the work and they do it out of love, devotion, but it is 8147 job. They dont have time to go to the store, have a cup of tea with a friend, get their hair fixed. They dont have time to do anything unless there is respite care in the home or in another facility. The last thing i would say is im looking at an idea that i heard about recently, the care core. Here is what i think we might be able to do in every community have a coordinating mechanism so that people who are trained in how they would care for who has alzheimers or any other ailments could be on a volunteer basis willing to comment to your home for a certain period of time. There are a lot of people who are retired. There are a lot of retired nurses and teachers, Business People and others who look for volunteer opportunities. I think if we had a care core where we helped to fund just the mechanism, maybe the online request, maybe the telephone line, maybe somebody to make the appointments, we could help supplement what might be done by both the family and professional caregivers. This is a huge issue. As you can tell, ive been thinking a lot about it. My late mother lived with us until she passed away. She was thankfully in good health but she had some real beginnings of deterioration physically and so i am well aware of how important this is and i really want to thank you for raising it. Thank you so much. [applause] i am going to get to as many questions as i can. How about you right here . My name is marie. Im a High School Student from dover, New Hampshire. I have a question that pertains to social justice. I am very involved with the lgbtq community. I know that gay marriage was just legalized in all 50 states and i dont want to undermine that. [applause] yeah. Thats awesome. But i was wondering what you specifically were going to do about antidiscrimination laws in the workplace, because i dont want to be able to get married to someone of the same gender but also be discriminated against in my workplace. [applause] ms. Clinton thank you. You are right, the Supreme Cou

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