Announcer this is nightly Business Report with tyler ma under the trump plan, we will have a massive tax cut for businesses and massive tax reform and simplification. Whats in it, whats not. And what might the president s tax proposal mean for you, the taxpayer, and investors. Stocks have been rallying on the prospect of tax reform. So why did they barely budge today . Moving closer. Days before the deadline, is progress being made to avert a Government Shutdown . Those stories and more on shows sho nightly Business Report for wednesday, april 26th. What a day its been. Good evening, everyone. The Trump Administration this afternoon unveiled its tax outline, a cornerstone of the president s economic agenda. And at the center of the blueprint is an overhaul to the individual tax system and a very sharp reduction in the tax rates paid by businesses large and small. As the president said during the campaign, we will lower the business rate to 15 . We will make it a territorial system. We
It too. John the one thing that is a mystery to me, the hitter has gloves and pine tar on his back, and to your point, hitters dont really complain, they want to know that the pitcher knows where the ball is going. In the argument i have heard from other people who really have never pitched and dont understand, that doesnt create movement. It just creates grip to where you can throw the proper pitch that is needed. Nonetheless, you know what we are getting closer to . We are getting closer to the japanesestyle of baseball that comes with the tackiness on it, thats we where we are getting closer to. I dont understand why we never have had that in our game yet. The old days where the umpires used to rope up the baseballs with the Mississippi River mod. They dont do that anymore. The clubhouse kids do it. But literally out of the package in japan. They are t understand, try to get the tent or color of the baseball changed so it is not so white and there for you wouldnt really have to have
An officer slashed at a michigan airport. This morning the attack is being investigated as an act of terror. And heartbreaking new video from the back of a police car after Philando Castillo was shot and killed by an officer. Good morning from the studio 57 newsroom at cbs news headquarters in new york. U im meg oliver in for annemarie green. Tropical storm cindy is expected to wash ashore along the gulf coast later this morning, drenching the southeast with heavy rains and lifethreatening flooding. A young boy was killed in a stormrelated incident. Cindy will likely hit the coast near the texas louisiana border with sustained winds of 45 miles per hour. A Tropical Storm warning is in effect from st. Louis pass, texas, to grand isle, louisiana. Some could see 15 inches of rain by tonight. Hena daniels has the latest. Reporter heavy rains and strong winds battled galveston, texas, saturday night as Tropical Storm cindy hit closer to the gulf coast. Cindy hid the coast hard wednesday top
Encounters. But we begin this morning with todays eye opener, your world in 90 seconds. Ive never seen this kind of water from a tropical depression. Mother nature is not kind to us when shes here. Tropical storm cindy hammers the gulf coast. Its a big, big water maker. A lot of rain. Watch the system slowly turn northward. Also moving into the mid south and into ohio. It was everywhere. It was crazy. Federal prosecutors have charged a canadian man in the stabbing of a Police Officer in flinl flint, michigan. Were looking into this as an act of terrorism. Republicans plan to unveil a Health Care Bill to replace the Affordable Care act this morning. The process has been a shameful combination of secrecy and speed. If we came to you and said youre going to have the greatest plan in history and youre going to pay nothing, theyd vote against it, folks. A pilot was forced to from an f16 fighter jet after it caught fire. The capitol hill police. They want to force it. If youre going to blow
Tennessee. The subcommittee on communications and technology will now come to order. The chair now recognizes herself for five minutes for an Opening Statement. And i want to welcome you all to the subcommittees hearing titled oversight and reauthorization of the federal communications commission. I appreciate the commissioners appearing to offer their testimony today. And we appreciate that we have been able to hear from you in advance of this hearing. The fcc has not been rethorsoned since 1990 appear its current appropriation is over 430 million its charged with the administration of the Communications Act and other statutes vital to the functioning of the communications policy. We must reexamine the Core Functions of the commission and restore a culture of hul humility. The fcc plays a vital rode in the increasingly technologically dent society. The subcommittee released a draft for consideration. I would be remiss by not discussing net neutral the commissioning ins 2015 was a powe