Okay. Committee will come to order. As we resume the markup, i want to give people an idea as to how well be proceeding. Well continue with another round of questions about the modification. Well then conclude this portion of the markup at the completion of that round. I hope everybody doesnt have to ask questions, if they do, they do. At that point the modified mark will be open for amendments. Before we continue for the next round in fact, i think its open for amendments now. First i want to say a few words about some of what has been said thus far. By democratic colleagues always profess to be the champions of middle class families. We see that rhetoric in full bloom, on full display today. Thats why it is absolutely astonishing to me that they are so opposed to the repeal of the individual mandate tax. They talk as though everything is fine with our Health Care System and that the repeal of this tax will send it all tumbling down. The fact is that obamacare is already failing. Larg
Department. C of rule 19, further consideration of h. R. 1 will now resume. The clerk will report the title. The clerk Union Calendar number 302, h. R. 1. A bill to provide for reconciliation pursuant to title 2 of the concurrent resolution on the budget for fiscal year 2018. The speaker pro tempore when proceedings were postponed earlier today, 29 1 2 minutes of debate remained on the bill. The gentleman from texas, mr. Brady, has 17 minutes remaining. Without objection, the gentleman from massachusetts, mr. Neal, has 12 1 2 minutes remaining. The chair recognizes the gentleman from texas, mr. Brady. Mr. Brady thank you, mr. Speaker. Im pleased to yield two minutes to the gentleman from alaska, mr. Young. The speaker pro tempore the gentleman from alaska is recognized for two minutes. Mr. Young thank you. Thank you, mr. Chairman. Congress established Alaska Native Settlement trust in 1988, to provide Permanent Health ed health, education, and Welfare Benefits to alaska natives who wer
Native Settlement Trust in 1988, to provide Permanent Health ed health, education, and Welfare Benefits to alaska natives who were among the most economically disvanged population in the United States. Unfortunately, mr. Chairman, the tax code has many cases impeded the creation and funding of the settlements. As a result, alaska native Settlement Trust have not been able to function in the Manner Congress originally intended, to provide benefits for alaska natives. To remedy some of these tax issues, i have sponsored h. R. 3524, which permits Alaska Native Corporation to deduct contributions to the Settlement Trust. The provision of h. R. 3524 were not included in h. R. 1 and the tax bill also adversely increases the tax rate from 10 to 12 . This would make it more difficult for the alaska native trust to provide longterm benefits to alaska natives. I request that you include the provision of h. R. 3524 in the final conference report that results from the conference committee. Mr. Bra
Bill. Next, a look at the final hour were postponedoceedings today, 29. 5 minutes remain on the bill. The gentleman from texas, mr. Brain brady, has time remaining. Brady i am pleased to recognize the gentleman from alaska, mr. Young. Mr. Young thank you, mr. Chairman. Alaska natives are among the most economically disadvantaged population in the United States. Unfortunately, mr. Chairman, the tax code the creation and funding of the settlements. As a result, Alaska Native Settlement trust have not been able to function in the Manner Congress originally intended, to provide benefits for alaska natives. To remedy some of these tax issues, i have sponsored h. R. 3524, which permits Alaska Native Corporation to deduct contributions to the settlement trust. The provision of h. R. 3524 were not included in h. R. 1 and the tax bill also adversely increases the tax rate from 10 to 12 . This would make it more difficult for the alaska native trust to provide longterm benefits to alaska natives
Alaska. Congress established Alaska Native Settlement trust in 1988 to provide permit Health Education and Welfare Benefits for those who are among the disadvantage in the United States. Unfortunately, the tax code has many taxes that impeded the alaska trust settlement heard as a result, Alaska Native Settlement trust has not been able to function in the Manner Congress originally intended to provide benefits for alaska residents. To eliminate that i have sponsored hr 3524 which alaska permit alaska native corpse to deduct. Corporation to deduct. Also hadtax bill virtually increased Alaska Native Settlement trust tax rate from 10 to 12 more difficult for the alaska native trust to provide longterm benefits to alaska natives. I request that you include the provision of h. R. 3524 in the final conference report that results from the conference committee. Mr. Brady. Mr. Brady if the gentleman would yield. I am pleased to work with the gentleman from alaska on this important issue. The al