Demanding a staggering 40 of their estate, their children wont have the money to pay the government without risking the farm or ranch. Mr. President , farming and ranching is a land rich but cash poor business. Theyle only earn cash on the they only earn cash on the crops that they grow. While their overall farm or ranch may have a substantial value, the amount of money they have coming in is relatively small and subject to the swings in the market from year to year. Too often the vast portion of their land if they dont take measures to avoid having their family hit by the death tax the family will have no choice but to sell off some or all of their land to pay the government which means in many cases losing the familys farm or ranch. And the same situation faces other types of family own businesses across the country where the value of the estate is tied up in that business. Removing the threat of the death tax for family owned businesses, ranches, and businesses could open this up in
Vote proom are there any senators wish the presiding officer are there any senators wishing to vote or change their vote . If not, theas are 89 the yeas are 89, the nays are 9, and the amendment is agreed to. The senator from wyoming. Mr. Enzi unanimous consent that the votes following this vote, the one we just finished, be 10 minutes in length for all of the rest of them. There was a request for five minutes in length, but a unanimous consent request for ten minutes in length. The presiding officer is there objection . Without objection. Under the previous order, there will be two minutes of debate equally divided prior to a vote in relation to amendment number 1119, offered by the senator from wyoming, mr. Enzi, offered for the senator from vermont, mr. Sanders. Mr. Sanders mr. President , i ask unanimous consent that senator cantwell be added as a cosponsor to amendment number 1119. I ask unanimous consent that senator stabenow be added to amendment number 1120 as a cosponsor. The
The committee will come to order. Mr. Chairman. Yes, sir. Might i request information as to how we intend to proceed today when we will see the managers amendment and will it be sufficient time to understand the document understanding that we are going to the floor pretty quickly and because time constraints and the view that we hold that we want time to be able to take a look at whats in the managers amendment based on whats happened as a monday evening and short notice that we received on thursday. It appears likely that we will at this schedule and pace have very little time to see the managers amendment and to react to it. I suppose the second question based upon what we have seen this morning with the delay is has there been a possibility for republicans to have seen and read and devoured the managers amendment . So as we laid out at the beginning of the week, we are convening today to finish the democratic amendments. You indicated there were five or six more you wanted to have u
The committee will come to order. At this time well consider postponement profltse. The question is on the and he clerk will call the roll. Mr. Johnson . Mr. Johnson, no. Mr. Nuance . Nunes . Mr. Tiberi . Mr. Tiberi, no. Mr. Reichert . No. Mr. Roskam . Mr. Roskam, no. Mr. Smith of nebraska . Miss jenkins . Miss jenkins, no. Mr. Paulson in mr. Paulson, no. Mr. Marchant . Ms. Black . Mr. Reed . Mr. Kelly . Mr. Kelly . No. Mr. Ranaci . No. Mr. Mean . Ms. Nome . Ms. Nome, no. Mr. Hold something mr. Holding, no. Mr. Smith of missouri . Mr. Smith, no. Mr. Wright . Mr. Wright, no. Schweigers in no. Ms. Malorsky, no. Mr. Crevello . Mr. Bishop . Mr. Bishop. No. Mr. Neal . Mr. Neal, yes. Mr. Levin, yes. Mr. Lewis, yes. Mr. Doggett . Mr. Doggett, yes. Mr. Thompson . Aye. Mr. Larsen, yes. Aye. Umenaur, mr. Kind . Mr. Kind, aye. Cral, yes. Mr. Davis . Aye. Ms. Sanchez . Aye. Mr. Hug insurance. Mr. Higgins, aye. Ms. Sewell, aye. Ms. Delbini, aye. Ms. Khu . Aye. Mr. Nunes . Mr. Smith of nebraska . Mr
Years later, this weekend on American History tv on cspan3. At yesterdays house ways and means session on the tax reform bill, members debated a series of democratic amendments and ended with a vote to move the bill to the full house. Congressman kevin brady chairs the markup session. This part of the meeting at three and a half hours. The committee will come to order. The clerk will call the role. Roll. Mr. Johnson . Mr. Johnson, no. Mr. Nuance . Nunes . Mr. Tiberi . Mr. Tiberi, no. Mr. Reichert . No. Mr. Roskam . Mr. Roskam, no. Mr. Smith of nebraska . Miss jenkins . Miss jenkins, no. Mr. Paulson in mr. Paulson, no. Mr. Marchant . Ms. Black . Mr. Reed . Mr. Kelly . Mr. Kelly . No. Mr. Ranaci . No. Mr. Mean . Ms. Nome . Ms. Nome, no. Mr. Hold something mr. Holding, no. Mr. Smith of missouri . Mr. Smith, no. Mr. Wright . Mr. Wright, no. Schweigers in no. Ms. Malorsky, no. Mr. Crevello . Mr. Bishop . Mr. Bishop. No. Mr. Neal . Mr. Neal, yes. Mr. Levin, yes. Mr. Lewis, yes. Mr. Doggett .