Or federal income tax. We take your calls and you can join the conversation. Ost good morning it is monday, january 8, 2018. The house and senate are both in session with the house meeting for its first session at 2 00 p. M. Senate is scheduled to convene at 3 00 p. M. We begin at the intersection of hollywood and politics. The 2018 hollywood awards season kicked off last night with a focus on standing up to sexual. Arassment and inequality celebrities took the opportunity to express support to the news a few a few sweats swipes taken at president trump. We are asking for your thoughts on hollywoods influence on politics and the debate in this country. Give us a call. You can also catch up with us on social media. A very good monday morning to you. You can start calling in now. We are asking on your thoughts on hollywoods influence on politics, especially a year after the beginning of the Trump Administration in the year after hollywood was rocked by allegations and cases involving Sex
This is just under an hour. As both the senate and house get back to work on capitol hill today, we take a look at a busy week ahead in washington with jason dick and alex moulton. Alex bolton, top priority this week and next is certain to be that looming government funding. Eadline Republican Leaders on the hill huddled with the president at camp david over the weekend. What do we know about what they talked about when it comes to resolving this budget impasse . Guest well, they are talking about with the priorities for 2018 should be. As far as the budget goes, what they are concerned about is what they see as a lack of military spending. They feel the military is overstretched. All four branches. Coast guard, navy, marines, army. That readiness is that an alltime low. Speaker ryan put out a Statement Last week, if you look at military readiness in the early 1990s compared to now, it is much degraded. I think they want to focus on boosting that defense spending number over whatever i
Government funding deadline, the january 19 deadline. Republican leaders on the hill huddled with the president at camp david over the weekend. What do we know of what they talked about when it comes to resolving this budget impasse . They are talking about the priorities for 2018 and what they should be. As far as the budget goes, what they are concerned about is what they see as a lack of military spending. They feel that the military has overstretched all the branches. Is i dont want to say alltime low, but speaker out a Statement Last week. Week, if you look at military readiness in the early 1990s compared to now, it is much to grated. I think they want to focus on boosting that defense spending number over whatever increased other programs get. There is also talked on the hill about getting an immigration fix is part of the spending bill is probably not going to happen. The immigration negotiations are not as far along as the spending deal is. Behind the scenes, democrats and rep
Ms. Waters. After 2007, i think that overleveraged issue sort of prove the point. And looking at the headlines the headlines read government keeps pushing mortgage guarantees as risk index rises. Heres another headline. Fhfa orders of gses to start supporting Affordable Housing trust fund. Surprisingly the year is not 2005. Its 2015. And so we find the fha today engaged in this race with fannie and freddie to see who can more swiftly cracked up the private sector, who cant assume more risk on behalf of the american taxpayer. I would just point out this is kind of a frightening race because in my view we have seen it before. The fhfa has joined sort of a moral hazard problem here. And in december you announced the gses should begin to put more money into the coffers of Housing Advocacy groups through the Housing Trust fund established under the housing and economic recovery act. And you made this move despite the fact that fannie and freddie have yet to repay a lot of the money due to t
Preferred stock Purchase Agreements were entered into with treasury, that suspended the capital of fannie and freddie. If we were building up capital i understand exactly what youre saying. But those two criteriaen dont apply anymore because they are in conservatorship. Every dime is going to the taxpayers if theres a profit. Theres statutory language here that requires an end to the allocation. I think its very straightforward. But ill close with this. Today, i along with many of my republican colleagues will reintroduce the payback the taxpayers act. And this bill will ensure that money coming in from the gses will go to the taxpayers, in other words, will go to address this issue instead of being diverted to the Housing Trust fund. But thank you, director. Good to see you again. Time of the gentleman has expired. Chair now recognizes the gentleman from missouri, mr. Cleaver. Thank you, mr. Chairman. And Ranking Member, thank you for being here, mr. Watt. Theres been a lot of discuss