Good afternoon. I am happy to be here. We will discuss what we know of the republican tax proposal. We will hear from congressman John Yarmouth of kentucky. Taxrelationship to these cuts and the opportunity cost in the budget is something the American People should be aware of because they pay the price for tax cuts for the wealthy. This week, House Republicans hope to run through a to handing budget trillions to the wealthy while raising taxes on the middle class. Taxes will be raised on families across america by eliminating the state and local Tax Deduction claimed by almost 40 million families. 80 of the gop tax cuts go to the wealthiest 1 at the expense of children and working families. On the floor this week, republicans have revealed the cruelty of their tax plan. This budget ransacked medicare and medicaid after adding and tax breaksbt for corporations and the wealthiest. The gop will use the deficit to justify devastating medicare and medicaid. The gop budget is the first tast
Good afternoon. Thank you for being here. Im very honored to be here with two leaders in the house, our Ranking Member on the ways and Means Committee, richard neil of massachusetts, who will discuss what we know of the republican tax proposal. And then well hear from congressman John Yarmouth of kentucky our Ranking Member on the budget committee. The relationship to these tax cuts and the opportunity costs in the budget is something that the American People should be aware of because they pay the price for tax cuts for the wealthy. This week, as you know, the House Republicans hope to run through a devastating, and in my view im moral budget to hand trillions to the wealthy and raising taxes on the middle class. Taxes will be raised on middle class families across america, especially by eliminating the state and local Tax Deduction claimed by almost 40 million familiar husband. In california alone, there are six million households that use the deduction with an average of more than 1
Earlier today, the u. S. House debated the 2018 budget resolution which sets overall 2018 federal spending at 1. 13 trillion. The measure also requires committees to work on tax reform. The house passed the bill 216212 after the Senate Approved it last week. Well show you the house floor debate from this morning. Its an hour and a half. Tennessee. From mrs. Black thank you, mr. Speaker. I yield myself such time as i may consume. Tennessee. Mrs. Black thank you, mr. Speaker. I yield myself such time as i may consume. I rise today in support of Senate Amendment house concurrent resolution 71, the budget resolution for fiscal 2018. Passing a budget is never easy and has once again been a challenge this year. But i am encouraged with where were now and i am pleased that the senate did its work by approving a budget. One that we can support in order to unlock tax reform for the American People. Without question there are plenty of things that i wish were included in what the Senate Passed.
We ask your blessing now on the whose of this house responsibility lies also beyond the local interests of constituents while honoring them. Give each member the wisdom to represent both local and National Interests and responsibility calling for the wisdom of solomon. Grant them, if you will, a double portion of such wisdom. Bless us this day and every day and may all that is done within the peoples house be for your greater honor and glory, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentlewoman from hawaii, ms. Gabbard. Ms. Gabbard i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker the chair will entertain up to five requests for onemin speeches on each side of
At 1. 32 trillion and require federal committees to work on tax reform. Heres a look at some of the debate from the house floor. This runs about an hour and a half. Concurrentsupport of 71. T of Senate Amendment house concurrent resolution 71, the budget resolution for fiscal 2018. Passing a budget is never easy and has once again been a challenge this year. But i am encouraged with where were now and i am pleased that the senate did its work by approving a budget. One that we can support in order to unlock tax reform for the American People. Without question there are plenty of things that i wish were included in what the Senate Passed. Ideas that the house put forward earlier this month when we approved our budget. For example, i still feel strongly about addressing unsustainable mandatory spending, and that hasnt changed. The growing burden of debt caused by mandatory spending is a real problem that cannot be ignored. We owe it to the American People to do something to offer serious