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Upcoming ways and Means Committee markup. Markup start monday at noon and its the last four gruelingdays , she wanted to be done by thursday. There will be amendments, they expect it to occur during the Daylight Hours but the might occur. One of the headlines of one of your says the House Republicans began signing defense taxbill, tell us about some of that fine tuning and what are the amendments , were expecting to see next week when some of the changes and the chairmans mark but kevin brady will bring to the changes he will bring west and mark. The republican tax is very quiet about what amendments to do this weekend but the changes the numbers are seeking are on a few different areas. There are concerns about state and local Tax Deductions and it doesnt keep the income tax portion of that. Its a tax and some members think it doesnt go far enough. Im not sure whether that addresses the markups or not, theyre also concerned about the deduction and proposal for with that new homes. On 2000 and it gets rid of that Interest Deduction. The state and local taxes issue, there are some couple of dozen members that voted against the budget a week ago or so that have issues about the state and local tax provision in the bill. I will Republican Leadership work on keeping those members in line and getting their vote to the final passage . I think they feel like its a compromise. They won over a few of those members and macarthur from new jersey said he ran the numbers and it actually is okay for his district and that hes okay with the language so there are still some members concerns, for example we saw that in new york with new jersey but im not entirely sure that those are big changes and if they do,there might be another , just we want a few more members on board that theyre willing to lose some people. You called it four grueling days but it starts monday, the Committee Meeting on monday at noon eastern, what are some of the key issues you are looking for in addition to the ones you mentioned. And the members you will be following as the market continues. The issue to watch especially on the republican side is acknowledged there might be some needed on the businesses. The rankandfile members have been saying that the guardrail they put on in place, that limit certain amounts of income, that passengers can claim as business income, that a 25 percent rate. They say it doesnt provide enough Services Like the personal business injury and accounts and lawyers and engineers, and places like manufacturing and other capital firms so theres a lot of concern from the rankandfile. I thinksome of the Commission Members might be open. More days of markups and. Next week, tell us about the timeline there after, how quickly will it get to rules and how quickly does leadership want to see it on the house floor . They went on the floor the next week so with the product coming out of committee, its among the membership they will probably find that week whether its monday or tuesday and theyll have it on the floor by then. Lindsay mcpherson pearson is house leadership recorder with seethrough and you can follow her on twitter at lin c mcpherson, thank you so much for joining us. The house ways and Means Committee begins work on the gop tax reform plan monday before sending it to the full house for debate and vote. Watch live coverage monday at noon eastern on cspan two. And listen live using the radio. And among the changes that representative brady talked about, reducing the number of tax brackets from 7 to 4 while preserving the top tax rate of 39. 6 percent. Then at the mortgage Interest Deduction to loans of 500,000 or less while nearly doubling the family standard deduction. And tapping local and state property Tax Deductions that 10,000 while increasing the child tax credit. The bill would no longer allow medical expenses for property loss to be deducted. Even called one of the premier chroniclers of our age, bestselling author whose books have been adapted into three awardwinning movies, Michael Lewis will be our guest sunday on indepth. In almost all the books would be from the market angle. Its these interesting characters to me an interesting situation. So what ive been tricked is izzy if you can attach the leader to the character at the beginning of the book, you can follow that character anywhere. Trust me there is no limit to those who want to read my descriptions of how to collateralize those obligations but once you realize the lives of these people who youve come to know turn on knowing what that is, its a very powerful life which is the origins of literature. Mister lewis is the author of several books including liars poker, moneyball, the big short and his most recent, the undoing project. During our lives three hour conversation

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