In the daylight hours. One of the headlines of one of your pieces at cq. Com says House Republicans begin finetuning a defense of the sweeping tax bill. Tell us about that fine tuning. What are the amendments we are likely to see . What are some of the changes . What are the changes kevin brady will bring to the bill . The taxwriters themselves are quiet about what amendments they might offer, it changes the members are seeking are in a few different areas. There are concerns about the state and local tax to duction. Deduction. Goesmembers dont think it far enough. There are also concerns about the luggage interested auction and the proposal to limit Interest Deduction and the proposal to limit that. On the state and local taxes issue, there are a couple dozen members who voted against the budget a week ago or so that have some issues about the state and local tax provision in the bill. How will leadership work on keeping those members in line and getting their votes when it comes to f
Tell us about that fine tuning. What are the amendments we are likely to see . What are some of the changes . What are the changes kevin brady will bring to the bill . The taxwriters themselves are quiet about what amendments they might offer, but changes the members are seeking are in a few different areas. There are concerns about the state and local tax deduction. Some members dont think it goes far enough. There are also concerns about the mortgage interest adduction and the proposal to limit that 500,000omes of two and mortgage Interest Deduction on second homes. On the state and local taxes issue, there are a couple dozen members who voted against the budget a week ago or so that have some issues about the state and local tax provision in the bill. How will leadership work on keeping those members in line and getting their votes when it comes to final passage . I think they feel like over the compromise they won over a few of those members, and just today, Tom Macarthur from new
Something like that blew my mind. Our first guest of the morning former u. S. Senator of oklahoma served as a republican tom coburn the author of the book smashing the d. C. Monopoly using article 5 to restore freedom and run away government. Good morning to you. Good morning. Could you talk about what article 5 says and what it offers sfargs power to the states when it comes to the constitution . Yeah. Its a really interesting story, kornl george mason having the discussion on our constitution stood up and said we made a grievous error. We have to make sure that because nowhere in history have powerful governments seeded power back to the people. We need to make sure thats available to the american people. So they put this second component into article 5, which allows the states two thirds of the states to call an Amendments Convention. Its not a Constitutional Convention, but its an Amendments Convention where the states can offer amendments which are nothing but recommendations that
Something like that blew my mind. Our first guest of the morning former u. S. Senator of oklahoma served as a republican tom coburn the author of the book smashing the d. C. Monopoly using article 5 to restore freedom and run away government. Good morning to you. Good morning. Could you talk about what article 5 says and what it offers sfargs power to the states when it comes to the constitution . Yeah. Its a really interesting story, kornl george mason having the discussion on our constitution stood up and said we made a grievous error. We have to make sure that because nowhere in history have powerful governments seeded power back to the people. We need to make sure thats available to the american people. So they put this second component into article 5, which allows the states two thirds of the states to call an Amendments Convention. Its not a Constitutional Convention, but its an Amendments Convention where the states can offer amendments which are nothing but recommendations that
Smoother wyden and minutes of the committee senator wyden and members of the committee, i wanted to briefly comment on the horrific terrorist attack in manchester. Americans are bound to our british friends by a common language, culture and many other things such as the common law. As a boy, i remember the strength it brought to us americans to witness the courage of the british people as they stood strong in the battle of britain. We resolve that the british people will once again vanquish a common foe. Today i think i can speak for all members of the committee when i say, god save the queen and god save great britain. We care a great deal for our friends overseas, and we wish them the best. Todays hearing has a dual focus. We will be, we will discuss the president s budget for fiscal year 2018 as well as ongoing efforts to reform our nations tax code. We are pleased to be joined here today by treasury secretary Steven Mnuchin who will provide the administrations perspective on these