Security or Homeland Security to be constrained as long as we are on the continuing resolution. To be of the appropriations bill for the department appropriated 39. 7 billion in on the house floor, was amended to have language to fix the actions in the president has vowed to veto any bill that includes such language. The clock is ticking in each time the whole land Security Budget of this government should not be a political football. I urge Congress Free and clear of the amendments. I will end with the last two words i ended last years speech with. Last year i said in the name of komen security we should not sacrifice overvalues as a nation of people who cherished privacy, freedom or celebrate diversity per clouthier is corrosive so on the final analysis courage and resolve in the face of challenger the greatest drink of any nation. Terrorism cannot advance of refuse to be terrorized so with the Natural Disaster or in the pacific pursuit resolve will always prevail. Thank you. [applau
I dont know what she drinks along with that but i want some of it. Your outstanding leader nancy pelosi. [applause] [applause] joe also went on that trip and it looks perfectly coiffed. [laughter] but give joe a big round of applause also. [applause] i want to thanks danny for the gracious introduction. How javier who helped obviously make this happen and is providing outstanding leadership all the time. Jim clyburn one of my favorite people, just an Extraordinary Gentlemen and leader greatly loved him and Debbie Wasserman shultz, our chairwoman of the dnc, thank you so much. [applause] and then the guy who i had a chance to see before it came out just to let him know that he should not feel overly disappointed when his hair gets gray because in this job it will. The dccc chair. [applause] i used to be youthful and attractive like him. [laughter] we will see how long that lasts, brother. Hes going to have hair like steve israel. [laughter] you know i am not going to give a long speech
Equally the other Member States lack those protections as well. If we then come on to our cfc rules, we revamp our cfc rules broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caug
Broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caught by cfc rules and income that you would logically want to catch with cfc rules, you could avoid that be a technique called
Certain information. Yes. But when it comes to priorities, he sets those priorities, not you. Were responsive to the committees priorities. And tell me, when tell me the priority list right now. What is that list . Number one. It is, number one is the production of documents that were requested regarding former officials, and the top of the list was for former secretary clinton. Number two are the interviews of the four Diplomatic Security agents we referenced. Thats not to say that the other requests are forgotten. Thats not it at all. What it is is to say those are the issues those are the items that we have worked most diligently on and we will be. We have good story that we are producing within several days we will begin producing to the committee those beginning of those documents that were requested. Its only been six weeks, roughly, since the initial request. And then a few about a month of the finalization of that. And in between that, weve prepared for hearings that didnt come