The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
Quorum call mr. Cornyn madam president . The presiding officer the sphror texas. Mr. Cornyn madam president , i ask unanimous consent that the quorum call be dispensed with. The presiding officer without objection. Mr. Cornyn madam president , i understand there is a bill at the desk due for its second reading. The presiding officer the clerk will read the bill for the second time. The clerk s. 3011, a bill to improve the accountability, efficiency, transparency, and overall effectiveness of the federal government. Mr. Cornyn madam president , in order to place the bill on the calendar under the provisions of rule 14, i object to further proceedings. The presiding officer objection being heard, the bill will be placed on the calendar. Mr. Cornyn madam president , anybody whos been watching the national news, and particularly the weather, knows that weve been having some serious flooding back home in texas and, tragically, we lost nine soldiers at fort hood in a very unfortunate drownin
I helped write that law in 2008. We made sure that we got the qualitative we continue to stand by that. Well, you dont have the qualitative military edge with the same amount of money. Ill leave the discussion of the military issues to our military experts but this is a financial matter is ab important commitment between the United States and israel. Congress appropriates the money. Dont you think we have a role in that. Congress has the right to appropriate the money. I wont challenge that. If i could just say, though, i think anyone comparing israels economy and iran the economy, iran has a broken economy. They have gotten some relief because of taking apart Nuclear Program but israel has a very not a dime of that goes to the iron dome or to combat weapons going to israel. I totally agree with you we should stand with israel. The time of the gentleman has expired. The chair recognizes the gentleman from florida, mr. Posey. Thank you very much, mr. Chairman. Secretary lew, i have an i