Specifically in response to the amendment at hand, nothing, and i mean nothing, based on what i can gather from the folks i speak with especially in the Business Community will stifle growth more than uncertainty. And if we are going to move forward with a bill to reform our tax code, which is more than just tax cuts, but a reform that provides relief over a given period of time, a window in which businesses and families can find some relief, businesses have the certainty to invest, not just in their business, but into the people that work for them, to grow their businesses, we as members of congress have got to be responsible to ensure that we give them that certainty. And thats exactly what this does. If you look at the end of the diaz here, and see the size f our code, over 70,000 plus pages of regulations, its in sane that weve come this far. Weve waited 31 years to reform our tax policy. We live in a Global Economy now. The rest of the world is passing us by. And now instead of ha
Committee will come to order. Yesterday evening we left after adoption of the brady amendment. Like to remind all members that its my intention to roll amendment votes today pursuant to Committee Rule 19. Well plan to vote on any postponed votes immediately following two floor vote series today with additional vote series announced as necessary. Are there any further amendments to the amendment in the nature of the substitute . Mr. Chairman. What purpose does the gentleman seek recognition . Before beginning, i have a point of personal privilege that i would put to the chair. Yes, sir. You are recognized. Yesterday we had an Interesting Exchange with mr. Barthold about the impact of the passthrough provisions and whether or not some of the owners who use this could take advantage of deductions that would not be available to others. I use the famous basketball coach example. Mr. Barthold gave an answer. I have before me here provisions and i have shared this with mr. Barthold. I dont wa
Friend from california said this amendment kills this bill, doesnt kill anything. The only thing it does assess look at it on the road if its not working, will stop it. Whatever we all like to be able to stop it if its not working . This is a prime opportunity to be able to stop and fix it. He also said the difference between those of us on the side and those on the other side is on the side, we believe this is legislation that will work. Its Important Committee and we have smart people here. We dont have to rely on what we believe, we can get the data, we can get the facts, when get the true facts and base our arguments and legislation in good, solid data. If you do that theres some things you can glean from this. This bill is 2. 3 trillion to the national debt. If this happens it will hurt the local government, and the people that we represent. Well have to come back and look at cuts from infrastructure, crime, opiates, to medicare. That doesnt help anybody that we represent. The fac
Lawmakers just finish their second day work on the House Republican tax reform plan. This markup is expected to continue through thursday. Live coverage resume son cspan three or cspan. Org or listen on the cspan radio at. We will show you the first part of todays market. [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] the committee will come to order. Yesterday evening we left after the adoption of the brady amendment. It is my intention to have votes today pursuant to committee will 19. Where i postpone votes with the addition of world series announced is necessary. Either any further amendments to the amendment in the nature of the substitute . Mr. Chairman . For a purpose to seek recognition . Reporter personal privilege. Yes, sir. Yesterday we had an Interesting Exchange about the impact of the past are provisions and whether some of the owners who use this to take advantage of deductions that are not be liable to others, is the famous basketball coach example. Mr. Bur
Trooper. Get out the hats and gloves, were in for some of the coldest air of the season right now. Matt pellman is in for karen rogers, and what is david murphy wearing this morning. Reporter i have the ear must muf fs on. We have clouds and sun this morning. 30 degrees in philadelphia. Below freezing almost everywhere across the region. 30 in trenton. Allentown, 29 in reading and wilmington. When you factor in the winds and teens. The windchill is making it feel like 21 degrees in philadelphia. On the bus stop and elsewhere this morning, we have some windchills in the upper teens from Atlantic City at the airport through millville, wilmington and lancaster and allentown. Just 8degree in the poconos. As we roll through the day, not a lot of improvement. 30 degrees at 7 00 a. M. 36 by noon, well get a high of 39. With the strong blustery winds even at 3 00 p. M. It will feel like the upper 20s. How about 7 00 p. M. When youre heading out for dinner and movie. 32 degrees and windy. When