People are filing in. I want to thank everyone for coming out today. On behalf of our president thomas burr and the 3,000 members of the National Press club i want to thank everyone who braved metro road closings and construction here at the press club for coming out today. And i think one of the reasons we have such a good crowd is to talk about a president ial transition gives people hope that theres light at the end of the tunnel after the Long Campaign but at the same time i learned that sometimes the light at the end of the tunnel is a locomotive coming at you. And so today what were going to do is were going to talk about sort of that tunnel. Whats going on in terms of president ial transition and what needs to be done to get us to noon on inauguration day. We have a really great panel for this discussion. And so with us today, we have clay johnson who served as the Deputy Director for omb in the Bush White House beginning in 2003 and before that he was an assistant to the presid
People are filing in. I want to thank everyone for coming out today. On behalf of our president thomas burr and the 3,000 members of the National Press club i want to thank everyone who braved metro road closings and construction here at the press club for coming out today. And i think one of the reasons we have such a good crowd is to talk about a president ial transition gives people hope that theres light at the end of the tunnel after the Long Campaign but at the same time i learned that sometimes the light at the end of the tunnel is a locomotive coming at you. And so today what were going to do is were going to talk about sort of that tunnel. Whats going on in terms of president ial transition and what needs to be done to get us to noon on inauguration day. We have a really great panel for this discussion. And so with us today, we have clay johnson who served as the Deputy Director for omb in the Bush White House beginning in 2003 and before that he was an assistant to the presid
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions