Before we begin the markup, id like to extend a special welcome. Recognizing that this is their home, i think its important theyre with us here today, so we welcome them. Id also like to add just a farewell at the same time we acknowledge a welcome. I dont see angela, but shes over there. But Angela Becker dipman who has been senator cantwells staff director i understand is moving back to the west coast and that this is perhaps your last day on the committee or last week on the committee. And i just i want to acknowledge the work that you have done. I think that certainly the staffs on our side have enjoyed the working relationship weve had with you through some interesting and challenging issues, and your leadership has been greatly appreciated. So know were going to miss you here. So thank you. [applause] so lets get to work here. We are here to markup legislation to allow responsible Energy Development in a small portion of the nonwilderness 1002 area in northeast alaska. Were repor
This is just over three hours. Good morning, everyone. The committee will come to order. Before we begin this mornings markup, id like to extend a special welcome to some of the folks that are here this morning. They have come a long way. Several of alaskans have flown down are the north slope to be with us recognizing that this is their home. I think its important that they are here with us today. We welcome them. Id also like to add, just a farewell at the same time that we acknowledge a welcome. I dont see angela heres over there. But Angela Becker editman who has been senator cantwells staff director, i understand, is moving back to the west kocoast. And that this is perhaps your last day on the committee or last week on the committee. And i just i want to acknowledge the work that you have done. I think that, certainly, the staffs on our side have enjoyed the working relationship that we have had with you through some interesting and challenging issues and your leadership has been
Planner was to improve the eisenhower euro plan for Strategic Nuclear operations in general war with the soviet union. That was a low bar because the eisenhower plan was a diverse military plan. Amy that is Daniel Ellsberg, one of the worlds most wellknown whistleblowers. In 1971, he was a high level defense analyst when he leaked a top secret report on u. S. Involvement in vietnam to the New York Times and other publications that came to be known as the pentagon papers and played a key role in ending the vietnam war. Few know that ellsberg was also consultant who drafted plans for nuclear war. In his new book titled the doomsday machine confessions of a Nuclear War Planner, Daniel Ellsberg reveals for the first time that he also made copies of topsecret documents from his Nuclear Studies an entire second set of papers in addition to the pentagon papers for which he is known. I want to awaken people to the dangers and the possibility of destroying most life on earth by general war, not
Overseas profits. So under the new plan that reportedly is emerging, corporations will have a 21 u. S. Tax rate. But if you move your business or company overseas, its zero, not 21 just like today those corporations that move their businesses overseas will have to pay taxes to those foreign governments on the profits they make overseas. But lots of those corporations can shift those profits to parts of the world where theres zero income tax liability. And republicans in the house and senate claim that they solve this problem by going to a minimum tax on certain foreign profits. And heres how our republican colleagues claim they fix this problem. Lets say you have a company that keeps it either has its headquarters or puts its profits in the Cayman Islands. I hope my colleagues will follow this and fix this while theres still time. So you have a 2 million profit in the Cayman Islands. So you pay zero foreign taxes, as the Cayman Islands doesnt have any tax. And of course under this plan
Drastic or dramatic changes well see in tomorrows vote. So, we can still give you an idea of how this bill will change your life. Speaker paul ryan when he was talking about it today thinking that the version passed like we said a new version passed tomorrow and few changes and he sold it as this idea that help is on the way. He says it will give middle class tax relief and he believes it will reviv the economy and we spoke with a certified Financial Planner you know about the bill. He says this is a middle class tax relief bill. Hes actually surprised that lawmakers are not really selling that harder if you will bringing that idea home more because he says that when you look at the numbers those are going to be what were calling the winners in this bill. So take a liquor listen to mark avalone and what he had to say about im surprised that is not the message coming out of washington and expanded tax credit out of wider income range the benefits of the bill is flowing to families and p