June. He faces election much sooner. I was planning on another two years of campaigning. Now it will be a mere six months. He has already been raising money and building coalitions since he declared last may. He may be facing the board of supervisors president. You might call her sort of an incumbent. Should she decide to run, it will be an uphill battle for anyone looking to challenge her. Other potential candidates, state assemblyman, president david chu who ran unsuccessfully for mayor in 2011. The former supervisor says he chu will have to roll the dice. His challenge will be the race for assemblies. If he ran, in june, he would have to give up his assembly race. Also rumored, supervisor jane kim who randal for state senate. Supervisor mark farrell. And how about elder statesman, ammiano himself. It has crossed my mind. It is a large mine to cross so we dont know where it will land. By the way, San Francisco does have Public Financing for political campaigns so that may help lastmi
Off on tax reform until newly elected alabama senator doug jones is seated. Once that happens, the gop majority in the senate be tighter with a 5149 split. It would be wrong for Senate Republicans to jam through this tax bill without giving the newly elected senator from alabama the opportunity to cast his vote. Reporter republicans are scheduling votes for next week trying to meet the president s deadline by christmas. So even without doug jones in washington, dc, how much confidence is there that this bill will pass because there is still a couple of republicans senators who had some issues. Reporter youre right. A senator on the republican side came up with a question, they have met it negotiated, given them something. The wild card might be marco rubio. He wanted that 21 rate. He thought it should bump up to 20 or 21 for Corporate Taxes. But whats he getting in return . He wanted to help people on the lower income scale with that money. Instead its going to folks who make a Million
Legislation has not been released. We do have some key provisions. Reportedly lowers the Corporate Tax rate from 35 to 21 . The top individual rate for the wealthiest drops from 39. 6 to 37 . The compromise bill caps deduction for state taxes and property taxes at 10,000. It allows a mortgage Interest Deduction for loans up to 750,000. Live coverage Caroline Shively in washington dc with more. Reporter gop leaders scramble to finish their tax reform bill behind closed doors. Trump was out front promising miraculous results. We stand on the verge of a new economic miracle. Reporter pushing aside claims tax reform claims the the typical family of four earning 75,000 was he an income tax cut of more than 2000. Slashing their tax bill in half. Put mac negotiators are making changes. The Corporate Tax rate expected to be at 21 . Down from the current level of 35 . The top individual tax rate is going down from 39 to about 37 . The mortgage Interest Deduction will fall in the 700,000 range f
Attempted. A short time ago we spoke to a professor in istanbul who listened to the president. He has actually been calling on the turkish people to rise up very remarkable get out in the streets get out in the squares and defy the military with guns. Professor david sayers says he has not heard any explosion and his neighborhood is quiet. But he said his parents were unable to get over a main bridge that is blocked by troops. Kpix 5 reporter sharon chin is at sfo for us where Turkish Airlines flight is supposed to take off for istanbul anytime now. But sharon, there are reports of explosions that are happening right now at the airport there in istanbul. What can you tell us . Reporter well, believe it or not, that flight to istanbul is still scheduled to take off on time at 6 10 tonight. We caught up with travelers lined up at the ticket counter. They have heard the airport is closed and planes diverted elsewhere but theres also a report that only Turkish Airlines planes have been abl