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Transcripts For CSPAN2 House Ways Means State Local Tax Deduction Limits 20240714

Cspans q and a. The house ways and means subcommittee has been examining limits but on the deductions of state and local taxes under the 2017 republican tax bill. Fromearlier today we show you the first part of this hearing while the senate is in recess. Farming communities, schools, First Responders and housing values. Before i begin my Opening Statement id like to yield to the chairman of the full ways and Means Committee for his opening remarks. Thank you chairman thompson and i want to acknowledge you and the other members of the subcommittee for indulging me with time to speak in this important hearing. The leadership of this committee and the working group is invaluable to congress. I want to take a couple minutes of time to express my appreciation to the witnesses who come to share their testimony today. Its a rare occasion that we can hear from hardworking folks make up our state and local governments. As former mayor of springfield until your firsthand of my experience as to h

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