Good afternoon, everyone. The House Senate Conference committee on hr 1, the tax cuts and job act kcome to order. Im deeply honored to chair this Conference Committee. The first tax reform Conference Committee in 31 years. To be here with you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone in to discuss the format of todays meeting. Id also like to thank all the members of congress joining us today from both sides of the capitol and both sides of the aisle. I also thank all members of the house and senate and our professional staff who have worked so hard on tax reform for the past several years. In particular the member of the the members of the ways and Means Committee and senator hatch and the finance committee. We will begin todays meeting with the opportunity for each to make an Opening Statement of up to three minutes. In order to respect everyones time and ensure each one has the opportunity to speak
House and Senate Conference Committee Members met to discuss tax reform the pat s bills. The senator orrin hatch who chairs the finance Committee Told reporters he and his republican colleagues had reached the general agreement on how they plan to overhaul the nations tax code. The Senate House Committee will come to order. I am deeply honored to chair this Conference Committee, the first tax reform Conference Committee in 31 years and to be here with you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone and discuss the format of todays meeting. I also would like to thank the members of congress joining us today from both sides of the of the and both sides aisle. I think all the members of the house and senate and our professional staff who worked so for the pasteform several years. In particular, the members of the ways and Means Committee and senator hatch in the finance committee. We will begin todays meeti
Members met senate to reconcile bills. Orrin hatch chairs the finance reportersand told that then reached agreements on how to overhaul the code. The Senate House Committee will come to order. I am deeply honored to chair this Conference Committee, the first Tax Reform Conference Committee in 31 years and to be here with you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone and discuss the format of todays meeting. I also would like to thank the members of congress joining us today from both sides of the of the and both sides aisle. I think all the members of the house and senate and our professional staff who worked so for the pasteform several years. In particular, the members of the ways and Means Committee and senator hatch in the finance committee. We will begin todays meeting with the opportunity for each country to make an Opening Statement of up to three minutes. In order to ensure each country has an
And minority whip limited to five minutes. But in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from texas, mr. Poe, for five minutes. Mr. Poe thank you, mr. Speaker. Mr. Speaker, the president , quote, avoid the battle, complains, and misses opportunities. Those were the words of leon panetta president obamas former secretary of defense and c. I. A. Director in 2011. At the time panetta, along with military commanders and joint chiefs of staff, recommended that the United States leave 24,000 troops in iraq to prevent that country from falling apart and becoming chaos. According to panetta the administration was so eager to rid itself of iraq that it was willing to withdraw rather than lock in arrangements that would preserve american influence in our interests. So the president ignored the advice of his own secretary of defense and top commanders and pooled troops out of iraq in 2011. The timing just before the 2012 president ial leaks to me appe
Vulnerable in our society. The intention was to sow fear, the insen shtention was to divit it will not succeed. The stock Market Reaction to the incident is muted in early european trade, but uk travel and Retail Stocks underperform. Good morning. Before we bring you more on the situation unfolding in manchester, just Economic Data in the form of may Ifo Business Climate in germany rising in may. The Climate Index stands at 114. 6 in the month of may versus a reuters Consensus Forecast for 113. 1. So once again a bit better than expected. When it comes to the Current Conditions index, thats at 123. 2 in may versus a forecast of 121. We saw this in the month of may. Current conditions index once again, this is one of the highest levels ever. Lost month in april we saw that at the second highest level reading. By in large conditions and confidence among the companies and investors in germany very upbeat. Lets bring you in conjunction, lets bring you what the eurozone pmis were saying. We