Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Brangham congress is getting back to work with only a few days left before the year ends, and taxes are tops on the agenda. But it was clear today that lawmakers also have to reckon with the issue of sexual misdeeds. Lisa desjardins begins our coverage. I am tremendously sorry. Desjardins for minnesota democratic senator al franken, a public step, a news conference, his first since being accused of groping and Sexual Misconduct by four different women. This has been a shock and extremely humbling. I am embarrassed, i feel ashamed. What im going to do is im
Of course, two days before the floor vote, if we get there. Could the dont get stuck in committee today . Josh we will find out if the tax bill will move forward in the senate. There are two key senators that are uncommitted to the bill. Either one of whom could stall the bill if theyve dont vote in favor. The most important is senator ron johnson of wisconsin, who has a lot of concerns about the passthrough rate. Johnson himself was the owner of the passthrough business. He says if he is not satisfied with the changes that Mitch Mcconnell is going to make, he will not vote for the bill. The problem is, if mcconnell were to offer more generous pass benefits, it may have the effect of increasing the deficit, which may recognize the vote of tennessee senator bob corker, who is yet to be committed because he has concerns about the deficit. It is not clear whether Mitch Mcconnell will be empty square the circle by 2 30. David lets bring in our colleagues from washington. Pur, ron johnson i
Live coverage here as long as it lasts on cspan3. [ banging gavel ] rules committee will come to order. And good afternoon. And welcome to another fun day at the rules committee. Today we have an exciting panel with two very experienced members who take time to visit the rules committee often. We welcome the young chairman of the Financial Services committee, the gentleman from dallas, texas, mr. Hensarling, as well as the gentlewoman, my dear friend, ms. Waters, from los angeles. And were delighted that youre here. The rules committee today will be considering hr3971. The Community Institution mortgage relief act of 2017. And hr477, the Small Business mergers acquisition sales and brokerage simplification act. Of 2017. And house joint resolution 123, which will be the second part of the hearing today, the continued appropriations act of 2018. M a brokers provide Necessary Services for small, private companies that are looking to merge. And or to be acquired. But m a brokers can face s
4951. Whether that is a recursor to events in the midterm elections is guess. So much is at stake where democrats hope to have a credible shot at gaining on republicans and could explain why democrats are moving so fast to get a tax deal done, and making a moot points of whether doug jones or roy moore comes top capitol hill. They hope to get the tax bill signed before horch will sit. Hillary vaughn is at the roy morehead quarters the mood there and feeling there. What do you see, hillary . Reporter a senior adviceors tells me they expect a recordbreaking turnout in the polls. I asked if they see that as a bad thing . He said no, he thinks it will befight tight but thinks they will win by 5 percentage points. They did receive a Security Threat to their campaign this morning. There is bumped up security. There are s. W. A. T. Teams walking around. They did a sweep before all of us got inside here. We are getting details on how roy moore is spending his day after he rode his horse to vot
Bill that has bipartisan support. As im sure well hear from our witnesses today, the bill was approved by the committee by a vote of 4712. By the Committee Even adopted a democratic amendment by voice vote during the markup. After we hear in our distinguished Financial Services committee members, well move on to our witnesses from the weighs and means committee, to hear about hr1 conference report. I know there will be a lot of opinions about what should and should not be included in tax reform, weve had those opinions and that discussion for one, im excited that our tax process is finally coming to the floor after years of work for the president s signature. With that, id like to yield to our Ranking Member hr33, 12, a lot of us are concerned this is another roll back of important dodd frank protections, and it undermines the oversight of large regional banks, but ill let our Ranking Member when she gets here. As far as the tax bill goes, i would agree with you, general, we should hav