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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 pract...

Can work with on a comprehensive solution legislatively. Thank you, mr. Secretary. I yield back. The chair recognizes mr. Meehan. Thank you, chairman, and secretary. I have a great deal of respect for you but i have some fundamental disagreements with a couple of the points that were made. You are the one who said somehow somebody what you are doing is creating an opportunity for them to be lawfully in the country. I think it is a unquestioned point that as the law stands today, anybody who illegally enters the United States is a deportable alien. What has happened by this directive is the pre...

Herman it expansion on section 179 and other longerterm extensions and the president blew it up so we will do a clean one year deal. Does that, kate your task next year . Yes we will have more work to do but this has more uncertainty. One question on that part of the president s objection is the income tax not being extended here which is some thing you talked about and supported. Even if youre unhappy with him on this point you take the point on income tax credit . I do intend taking up the issue on reforming income tax credit i put up a lot of put up a plan on a lot of issues surrounding pov...

Medical marijuana distributors could face an effective federal income tax rate as high as 75 . You have to go to france for that kind of a race. A law preventing drug traffickers from profiting off of their crime. So using medical marijuana is legal but not in the eyes of the federal government is not so those basic deductions for Small Business owners are used to dont apply to marijuana shops. This is one instance uncle sams needs to tax away. If they think i its a good ide, at least taxyers should get some kind of compensation. That is my two cents more. That is it for tonights the willis re...

Medical marijuana distributors could face an effective federal income tax rate as high as 75 . You have to go to france for that kind of a race. A law preventing drug traffickers from profiting off of their crime. So using medical marijuana is legal but not in the eyes of the federal government is not so those basic deductions for Small Business owners are used to dont apply to marijuana shops. This is one instance uncle sams needs to tax away. If they think i its a good ide, at least taxpayers should get some kind of compensation. That is my two cents more. That is it for tonights the willis ...