We take you next to the other side of the capitol where they house ways and means committee has been marking up the 2020 to budget reconciliation bill. This part focusing on Tax Relief and Health Care policies. This meeting had started early this morning and is expected to go well in the afternoon. Mr. Chairman, i yelled to mr. Thompson. I think the gentleman for yielding. On the issue that my friend from nebraska brought up, i just want to point out that this is a bipartisan provision, the provision that you were questioning about its measure that a bill of mind coauthored by the gentleman on your left from pennsylvania. It is an effort to fix problems with current law. In regards to Conservation Easements. There are some abuses in this program and mr. Kelly and i have worked trying to fix those. Bottom line, there has been folks that have ripped off american taxpayers by doing these convoluted, inappropriate and unintended by this Congress Conservation easements. The language you are
If youre watching the live stream, please be advised that there is a time lag between what youre hearing and what is being viewed on sfgtv. Id like to thank Sfgtv Staff and p. U. C. Staff for whats happening during the meeting. Madam president , your first item of business is item 3, approval of the minutes. Commissioners, are there any corrections to the discussion of the minutes . Seeing none, open the matter for public comment. Mr. Moderator, do we have any callers . Madam secretary, we have one caller in the queue. Hello. You have two minutes. Hello. Good afternoon, commissioners. Can you hear me . Yes, sir, we can hear you. This is public comment for item 3, the minutes. Madam secretary, there are no more public comment. Thank you. Public comment on item 3 is closed. Thank you. Is there a motion . So moved. Seconded. Theres a motion and a second. Roll call vote. [roll call] clerk you have five ayes. Great. Next item, please. Clerk your next item is general public comment. Mr. Mode
[silence] Finance Committee will come to order. This this morning Finance Committee is joined by Irs Commissioner Redding for our annual hearing that typically marks the end of tax Filing Season. Ing however, 2021 is no typical year. Theres lots to talk about. And im going to start with the Tax Gap. The difference between taxes owed and what is collected. Even most conservative estimate for the annual Tax Gap put it in the hundreds of billions of dollars a year. My own view is the annual Tax Gap is at least double the official estimate in growing. Most recent official estimate pegs the Tax Gap at 3 81 billion a year but it looks all the way back to data from 2011 through 2013. That means these estimates are out of date as soon as released. The fact is our economy has changed it in expanded it in 2011, one bitcoin didnt buy you a ham sandwich. Todays cryptocurrency and other technologies create huge new opportunities for the tax cheats to rip off the american people. More and more wealt
culture. and that is tonight s reidout. all in with chris hayes starts now. tonight on all in - because of the actions, it already taken. every american should feel confident that their deposit will be there, if and when the need them. banks closing, stocks falling, and the governmen rushing to shore up the system what happened this weekend, an how to stop it from happenin again. congresswoman katie porter joins me on that then - this is all about accountability he needs to be held accountabl for his dirty deeds. all eyes on the grand jury, as michael cohen testifies against his former boss. tonight, just how close ar prosecutors to indicting the e president. plus, how a handpicked conservative judge effectively hit an abortion pill hearing from the public. and as trump dick tackle desantis had on an iowa, here the softball interviews. i ll tell you, you know, as governor, and if you are determined executive, you ca make things happen, and we v done that i
the best moments from thos speeches dreams are something yo have to believe in i almost gave up on mine to all of you out there, pleas keep your dreams alive [applause] to all of the people wh have supported the genre movie that i ve made for all these years, the thousands and hundreds of thousands of people, we just won an oscar together! for all the little boys and girls who look like me watchin tonight, this is a beacon of hope and possibilities this is proof that dreams drea big, and dreams do come true and ladies, don t let anybod tell you you are ever past you prime. never give up! [applause] and on that american drea affirming note, i wish you a good night from all of our colleagues across the networks of nbc news, thanks for staying up late i ll see you at the end of tomorrow tonight on all in - because of the actions my administration has already taken, every american should feel confident that thei deposits will be there, if and when they nee