>> i think the best thing i can tell you is that what the itc said. 176,000 -- job creation as a result of the usmca. next question? >> i just wanted to ask you on the canadian side there's the aluminum sector and dairy sectory that are suggesting they were sold down the river. what's your message to those industries? >> you're talking about usmca? >> yeah. >> in regard to dairy? >> yeah. >> dairy and aluminum. >> i can't answer for aluminum, but i think the dairy industry, as far as i know, considers this a success, because when you do away with the six and seven classes, where canada has kept our dairy products out of there, we're going to have access now. and it's considered a big deal for dairy. >> for farmers, senator, how much uncertainty does this alleviate in their minds? and will that spark more growth? >> i'm going to ask you to ask that over again but i want to add to what you said. i had a news conference with secretary of agriculture, bill sack, former governor of iowa in des moines in august, and he since he works for the dairy industry, he spoke very highly of the benefit

i think it's going to be a big boost to the economy. 176,000 jobses are according to the itc. about .3 to .4 of crime in our gnp which would be a 125% increase in our gnp. $64 billion investment, probably 34 billion of that in just automobile manufacturing alone. and it's really going to be a big thing, but i think the best thing beyond usmca is the fact that it gives the united states and our negotiations with other countries, particularly china, great credibility in future negotiations. so let say for phase two china, phase three, china, maybe, u.s., great britain agreement that might come up after brexit, things of that nature. i think that's a big boost because there was a lot of questions about whether the president was going down the right road in regard to not only nafta but china, and i think that the success of usmca and phase two of -- phase one of china speaks to the president being on the right track and delivering on some of the things he promised during the campaign. i'm ready for questions. >> senator grassley, how can this vote on usmca before the full senate a

recovery includes half of young children while there is ample evidence of these policies like the e-itc thai time we join our peers to have paid family medical leave with universal child allowance and child on - - family childcare. >>. >> thank you members with over a million members we are on the frontlines of the crisis. experts agree that have dire consequences. that the policies are woefully out of date and families are suffering as a result. to boost families in the economy those with all types of families the situation is urgent and those that experience this crisis each day and then if they could not afford child care. until they started to get snap they often had to go without healthy food nobody let alone holding multiple jobs should struggle to put food on the table but too many for one out of six children with food insecure households jamie is not alone one out of three households now pay more than 30 percent of income for housing and more than half are ventures now exceeds $1 trillion and childcare with black and latino families spend more of their income than anyone else. w

the itc. know this is very imperfect and they acknowledge it is imperfect but a lot of people were quoting numbers from the itc. lower numbers. but actually, they gave wide ranges on the impact on the u.s. economy. i just wanted to put that out there. like on jobs, the range was when it is 76 up to 589,000 jobs and that is a big range. it does reflect uncertainties about better investment and better risk-taking. that is a gigantic number. and similarly on gdp. real gdp -- there was a very wide range of 35 basis points on 1.2%. the midpoint of that was three quarters of a percent. time, have anr increase of three quarters of a percent on real gdp on trend. 350,000 jobs per year. those are big numbers. one other point i want to make is the currency stability provision in there that has never been done before and that is why we thought this was a template of a trade agreement. the economic growth impact of nafta or usmca is very substantial. worker defense, domestic content, very substantial. and

the basic anti-marriage position into the a itc made the problem even worse where they are today. human lives are pathetic, they developed the signal today who is married tomorrow, childless person today has children tomorrow. people's life situation changes.le when we don't think about that we end up creating barriers to the light that they themselves want. i want childless people to be treated equally which means it would be better to go through flat wage subsidy the didn't refer to family status at all. if we are going to have this done when you file your taxes, i don't want it to be a situation where both the childless and custodial parent get a benefit as long as they pay the effort. that is not a recipe for supporting americans of any status. >> sounds like you and andrew yang have been talking.al >> interesting idea. >> senator hassan. >> thank you for holding this hearing. if you had a question to jane waldfogel, a question about paid family leave. i want to follow up on one aspect. i will add my voice to the chorus that families shouldn't have to make the impossible choic

a lot of people were quoting numbers from the itc. lower numbers. but actually, they gave wide ranges on the u.s. economy. the range was big. this reflects uncertainties about better investment and better risk-taking. that is a gigantic number. on real gdp, there was a very wide range of 35 basis points on 1.2%. the midpoint of that was three quarters of a percent. an could over time have increase of three quarters of a percent on real gdp. as 350,000 jobs per year. those are big numbers. there is a currency stability provision in their which has never been done before. that is why we thought this was a template of a trade agreement. economic growth is very substantial. worker defense, domestic content, very substantial. really, these are our big trading partners. the reality is, total trade with canada and mexico is basically slightly more than twice what it is with china. >> is this a template you can apply to other trading partners? mr. kudlow: i think so. we are also in negotiations with some breakthroughs on japan. we may be in negotiations wit

refundable tax credits, the itc and child tax credit, move 4.5 million children out of poverty, snap and other programs move 2.4 out of poverty. we have good evidence that these policies reduce family stress and improve child health and development. income is not the only channel. since 2012 with the support of the robinhood foundation, our group has been serving new york city residents. we find poverty is just the tip of the iceberg. 1.6 million new yorkers are poor, 4.4 face poverty or material hardship or health challenges. it's not just challenges below the poverty line who struggle to put today on the table, pay the bills. what can we do? we need to start by recognizing that the majority no longer have a stay-at-home caregiver, but our public policies have not department pace with this reality. the family and medical leave act pro sides unpaid leave to only 60% of the workforce. federal child care subsidies reach only 15% of low income families who need them. employer policies address some of the gap but mostly for more add vanld employees. while 40% have access to some paid fam

be careful about the itc report. there's no economic growth here. there is a little tiny bit of growth that they attribute to the codification of the existing trade practices in digital technology. but they acknowledge that the trade restricting provisions will diminish jobs and economic growth. and they don't even attempt to quantify the adverse effect of the sunset clause. finally, on process, in significant ways, it seems to me that this committee is getting rolled. and we shouldn't do that. we're being made increasingly irrelevant in the process of trade negotiation, which is a constitutional responsibility assigned to us. tpa is a delegated authority to the administration and this agreement, mr. chairman, in my view, is not in compliance with tpa. case in point and example here is we're not having a mock markup today. as we all know, this is not a mockup of a draft implementing legislation. this bill was already passed by the house. there's no amendments going to be permitted. no changes can be made. and in the past, every single trade agreemen

and i said, "itc kind of uh hno, prog., reggae, with some new orleans trombone." ( laughs ) >> yeah. make her childhood easy. she was raised in virtually the only black family in her community. what was that like for you? >> well, sometimes good, sometimes strange, sometimes at that time, to grow in a place where you are the unique in something, obviously you're gonna have a lot of trouble everybody around you make you feel like, you know, that you not gonna be able to be someone, you know, in your life, because you were born that way. it wa black girl, just because you are a black girl, you probably won't be able to absolutely othing. i felt that it was a bad luck, my li, you know? and i, i didn't feel comrtable with it. and i was angry. i was just angry. ♪ ♪ but th, life taught t that's not true. no matter if you are white in country where everybody is chinese. can reach the moon.gs right, you ♪ ♪ >> w reporter: bui intent on doing her music right. she first began to perform in public as a teenager. >> i was singing everywhere: in weddings, in clubs, and everywhere i was singing al

i am for itc.yroll thing, it does not provide much stimulus to the economy but ensures that everyone who earns a dollar gets a tax cut, in an election year that helps. david: is there any democrat talking about tax cuts. >> no. david: not one. >> i want to say differently, we heard larry kudlow say it not happening today. payroll tax cut. tax 2.0, i don't think we'll see anything in 2020, that is off the table of the idea of a tax reform 2.0. >> i think this is something they can talk about it is right that you should offer an alternative to minimum wage increase because republicans are dead set against that, in next 4 years, if president trump is reelectorred, i think he will be machine will talk about deficits not about more tax cuts. >> even democrat slam democratic debate last night, was president trump the real winner? next. at fisher investments, we do things differently and other money managers don't understand why. because our way works great for us! but not for your clients. that's why we'

>> auto industry, the itc says is going to invest $34 billion. it will create 176,000 jobs. wages in the automobile manufacturing undercut by $8 wages in mexico. 50% of the parts of a car have to be paid at least $16 an hour. connell: right. >> and, domestic content has to go from 62 1/2% up to 75%. so this is going to jobs, jobs be jobs. better paying jobs in the auto industry. connell: one question, senator, if you would on iran before we let you go. "gang of eight," congressional leadership is supposed to be briefed at this hour. i assume you are part of it. all senators are briefed on situation tomorrow as you probably learn nor what is going on, what you've know now and what you've been told, what is your take on the situation with iran? how close to war are we with iran right now? >> first of all, you have have got to remember we've been at war with iran since the islamic revolution of 1979. how many, for decades we heard about "death to america," death to israel. we had 600 american soldiers killed as a result of what this general did in iraq. we've had our embassies

and i'm sure we're going to cover a lot of this during our itc meetings as well as tima is taking the lead in a lot of these conversations. but i would like to reiterate that i think we need to focus a lot on figuring out the ferry service plan, what is the board's actual policy? are we continuing to look at a variety of options and different models? that are competitive and will allow us to have flexibility on the financing side? and then the other thing that we've talked about multiple times now, is the bike connection. i personally feel very strongly about and i understand it's not up to tida or even the city, because it's bay area toll authority's jurisdiction as well, but hopefully, i hope in 2020 we can continue to work on pushing that forward to provide a physical bike connection from the island to san francisco. and then the other transportation-related item i would like to look into how we can provide a robust school bus system for the island onto the mainland. i know the next item we have is an informational item on potential school discussion, but i'm not even talking about

and i'm sure we're going to cover a lot of this during our itc meetings as well as tima is taking the lead in a lot of these conversations. but i would like to reiterate that i think we need to focus a lot on figuring out the ferry service plan, what is the board's actual policy? are we continuing to look at a variety of options and different models? that are competitive and will allow us to have flexibility on the financing side? and then the other thing that we've talked about multiple times now, is the bike connection. i personally feel very strongly about and i understand it's not up to tida or even the city, because it's bay area toll authority's jurisdiction as well, but hopefully, i hope in 2020 we can continue to work on pushing that forward to provide a physical bike connection from the island to san francisco. and then the other transportation-related item i would like to look into how we can provide a robust school bus system for the island onto the mainland. i know the next item we have is an informational item on potential school discussion, but i'm not even talking about

this is all linked to a problem with the itc system at 0vo energy happen using. customers than those that had the problem with the charging did not receive annual statements, did not receive annual statements, did not receive annual statements, did not receive that really important information that helps people figure out whether they are on the right deal or whether they should move around so it is something that is important to sort out. there was an itu glitch, also the apparently underestimated the fuel usage over winter of 2017. but it is the follow—up actions that have caused alarm, isn't it? upon realising they had made a mistake they did not tell ofjim about it and also they made this bizarre decision to not refund customers overcharged by less than 10% so again, what happened there?” think this is what makes it, why we have seen such significant action from 0fgem. mistakes sometimes happen, itv systems sometimes go wrong but the measure of the company is how you sort this out and how you treat customers when that happens so the expectation should be the