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And the nasdaq tumbled 1. 05 , you need to understand this is a redistribution its not a bet on the future, its a wager that some earnings estimates are going higher while others just stay the same and judging by the intraday reversal, investors are starting to realize that we may be a little too enthusiastic about stocks in general. Even if some do deserve to be higher because of changes that are going to be made to taxes in this country today truly brought a bifurcation in stocks. The action was 100 about tax reform Domestic Companies get a big cut while more internationallyoriented Companies Like most of tech see much less of a benefit sure they can repatriate capital from overseas at a better rate, but the real benefits here are for the purely domestic players. Its Like Congress has waved the magic and with and ev ....
All time shall be equally allocated between the parties and in no event shall debate continue beyond 11 50 a. M. Each member other than the majority and minority leaders and the minority whip shall be limited to five minutes. The chair recognizes the gentleman from pennsylvania, mr. Thompson, for five minutes. Thank you, mr. Speaker. Mr. Speaker, yesterday the nation observed the National Miners day which was designated by congress to honor the contributions and sacrifices of miners both past and present. Mr. Speaker, im the proud grandson of a pennsylvania coal ner, and National Miners day does mark the anniversary of the worst mining accident in istory on december 6, 1907, in west virginia. The disaster resulted in the deaths of 362 miners. While technology in mining has continued to improve, mining remains difficult work. Every day our nations miners work so hardess can ....
Brock long. Here to discuss response of recovery to hurricanes harvey, irma, and maria as well as the wildfires that spread across california. Administrator, thank you very much for being here and for joining us. The magnitude of the disaster activity that were experiencing this year is basically unprecedent unprecedented. I want to thank you and the thousands of dedicated fema personnel who have deployed and who continue to work tirelessly to help communities and families get back on their feet in the wake in every instance of these devastating events. Congress has passed two emergency supplementals which have provided an additional 26 billion to ensure femas ability to respond to immediate aftermath of the disasters. Now its designed to shift focus from response to recovery. And while some of these efforts are already under way theres still a very long road ahead. Today we look forward to hearing from you on how this third supplemental request, 23. 5 billion, would enable the communi ....
Minutes. Well, well call this hearing to order. Today we are welcoming the administrator of the federal Emergency Management agency, mr. Brock long. Here to discuss response of recovery to hurricanes harvey, irma, and maria as well as the wildfires that spread across california. Administrator, thank you very much for being here and for joining us. The magnitude of the disaster activity that were experiencing this year is basically unprecedent unprecedented. I want to thank you and the thousands of dedicated fema personnel who have deployed and who continue to work tirelessly to help communities and families get back on their feet in the wake in every instance of these devastating events. Congress has passed two emergency supplementals which have provided an additional 26 billion to ensure femas ability to respond to immediate aftermath of the disasters. Now its designed to shift focus from response to recovery. And while som ....