Where all 429 pages are on display. Several leaders got together last week to talk about tax. Among them waste Means Committee kevin brady who spoke to political. [applause] good afternoon. Thank you for joining us. Im anna with jake and we are coauthors of the political playbook. We are very excited for the event this afternoon and want to thank all of you in the room and those on live stream and the cameras in the back for joining us to have this great conversation with congressman kevin brady. Obviously, the timing could not have been better. Hes the chairman of the ways Means Committee writing the tax proposal that came out yesterday. We will be going into all the details of what has happened so far in the coming days before we get started with the program id like to extend a thank you to our partners at the Business Roundtable for their support in making this event possible. Here to say a few words is testable to, president and ceo of the Business Roundtable. [applause] good after
What are you afraid of . Mr. Chairman. Let me finish. The gentleman control it is time. You havent done anything of importance. Its the blind leading the blind whether its you or its the speaker this is a disgrace to this committee. Mr. Chairman. Are you going to have each of these amendments taken up separately . Each of these amendments will be offered and during your five minutes you have the chance to question on each of them . So each of these will be offered separately . No. This is the amendment by mr. Brady of texas. This is a separate amendment. With all of these pieces . Yes. With several provisions in them. Why not take them up separately . And each of us have time to discuss it . Your time has expired. This is a total disgrace. I know this is the moment the out rage is supposed to occur. No. I ask that your remarks be taken down. Oh, for heavens sake. I didnt question yours. I ask that your words be repeated. I ask that mr. Leavens remarks be taken down. I will be glad to.
The subcommittee will come to order. Welcome to the ways and Means Sub Committee on tax policy our hearing on how tax reform will simplify our broken tax code and help individuals and families. Before we get started id like , to yield to the chairman of the ways and Means Committee , congressman kevin brady to , introduce a distinguished witness whos before us today. Mr. Chairman . Thank you for your leadership of the tax policy. The Sub Committee is such a important time in americas history. And thank you for leading hearings like this that allow america to have the conversation about creating a bolder, fairer, flatter and pro growth tax code. I want to thank all our witnesses for being here today. I want to give a special welcome to our friend chairman bill archer, former leader of this committee and a longtime mentor to me personally. Chairman archer thank you for , being here to share your insights and experience on tax reform. I know everyone on our committee is familiar with chai
How much of a threat do think the North Koreans are becoming to the continental United States . Guest well, it is more of a hypothetical threat rather than something, even though they have demonstrated an ability with a longrange missile to be able to reach the United States, to go from that to what we would call an Operational Capability may still be some time. It is not at all an easy thing to do, even some of the estimates from the Defense Intelligence agencies have basically truncated the timeline, so it is a fact. Real threat north korea poses are on the peninsula and in the region. This is where we have major u. S. Forces already deployed, a very substantial population of american citizens in south korea every day, so even though north korea sees it as part of its needterm aspirations, the to determine possible threats has not changed significantly. It is more an accomplishment for north korea as they want to claim they can punch above their weight. Tracking a from missile launch
He was someone you could work with, and i could call him on the telephone and talk to him about issues. We developed a pretty good relationship. So it took that reports to get the nuts and bolts of tax change done . Guest i think it did. He had a chief of staff at the beginning who was not cooperative, and then he replaced him with Erskine Bowles , and the first few days that Erskine Bowles was there, he called me and said, bill, i am here to work with you. I do not think the republicans ever heard that out of an obama white house. Host and there was a change of leadership with republicans in both the house and senate now and the white house. What does that mean as far as tax reform and their desire to see that happen . What lessons can they learn them your time in office . A verypedro, you have different environment today than you did when i was there. The republicans are far more divided, and it is very, very difficult to get people together on difficult issues. I think tax reform is