Francine lacqua is at the london event. We will join her later in the show. Lets get you through some of the Wild Movement in Global Markets. It was risk on. Believe that the chinese delegation was looking at a broad area of subjects, but now the latest lines coming through around basketball broadcasts. Now a warning from the chinese side. China sang stay tuned for a retaliation when it comes to the blacklisting of Chinese Companies by the u. S. Government. The market in the last five to 10 minutes is clearly turning. U. S. Equity futures 0. 1 lower. Gold, same story, flipping around, now higher. Trepidation percolating throughout the classes. The aussie dollar coming off the highs of the session. Other surveillance points to look out for. Francine. K. Time will be speaking to the chief executive of Fidelity International. Dodds half past 9 00 london time. Chinese state tv halting broadcasts of the National Basketball association games, saying the backlash intensifies over a tweet expr
33 million was for information technology. None of that was provided so we are one of the constraints is we have to pay for the i t particularly out of other project we otherwise would have funded as we go forward. The 100 million in is preparing for in dealing with information issues, designing of the issues, making sure they work, one reason is i am committed that we will lead this Time Next Year have an effect of Filing Season which means we will be effectively implementing our responsibilities under the Affordable Care act. We did that at the front end the rollout difficulties were not irs difficulties and we are finding the funds as one of the things we have to find another areas. The amount requested was 440. How much does the irs spend annually on implementation of the Affordable Care act and how much does it expect to spend . What we are spending this year and what the estimate is, what will happen to us, and filing next year, a lot of inquiries as well as taxpayers in the area
Ileana roslehtinen to act as speaker pro tempore on this day, signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 7, 2014, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip but in to five minutes, no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from north carolina, mr. Jones, for five minutes. Mr. Jones madam chairman, thank you very much. Im on the nor again today to talk about on the floor again today to talk about afghanistan, the absolute waste of life and money. A lot of people dont realize this, but if you go back to 2001, the war in iraq and afghanistan, we have spent over 1. 5 trillion which averages out to about 11. 2
Part of the program, that will give us a chance to hear from everyone and have maybe more than one round of questions. I am going to recognize the members in order of seniority. Those that were here and the latecomers, we will recognize them based on their arrival. E will go back and forth between the parties. I think most of you know that the 2014 appropriation cycle tested our endurance. It was only after the fiscal year started and after we had a Government Shutdown that the Budget Committee came to an agreement on the Discretionary Spending. Once we have that agreement enacted, we will do our sleeves and we went to work quickly and got a bipartisan on this appropriation bill. It is and thanks in no small part to our distinguished chairman, mr. Rogers, who is with us today. We hope this year will go more smoothly. We have got an agreement on the total Discretionary Spending that is in place. By that, i mean the way we are supposed to work and we will mark up our bills and subject th
The hearing will come to order. Hearing of thest year for our subcommittee. Welcome to all the subcommittee members. Glad to have you back. A warm welcome to our subcommittees newest member. He is not here yet. He will be down at the end. We look forward to having him work with us. Today the subcommittee will hear from two panels. We will hear about the activities and operations of the Internal Revenue service. Commissioner. Irs welcome to you, sir. We appreciate your return to the service and thank for taking thank you for taking on this task. George have russell and nina olsen. We appreciate the careful and constant oversight of the irs. We have not heard in some time from ms. Olsen, so we are especially eager to hear from her. As a matter of house keeping, i will be following the five minute rules for that members. I do not plan on cutting anyone off in the middle of their sentence, but if everyone could keep their questions and comments for when we get to that part of the program,