Reporter. Erik wasson covers congress for newport news. The Senate Finance committee begins its markup on monday. You have been writing about some of the key details. What are they . Basicasson the architecture is the same. They have big Corporate Tax cuts. The house bill was dropped from 35 to 20 effective in 2018. The senate has the same thing, although it delays that i one year. Both would reduce the individual tax rate and double the standard deduction. Both would have some tax increases for those who itemize their deductions. The big issue that is controversial in both is the state and local Tax Deduction. This one is taken by a lot of uppermiddleclass individuals. In the house they would retain the ability to deduct property taxes up to 10,000 a year. The senate, it would go away. The main points people will be looking at in these bills, one of the things that was surprising is the senate retained the medical expense deduction, something if you repeal that it would cause hardship
We are now looking at the dow s p 500 dow, s p 500, and the nasdaq on trading slightly higher. In dow is slightly higher the week, the s p 500 about flat, and the nasdaq down. Coming intofactors play, the missile attacks in , but, some uncertainty investors are slightly more bullish. Small gains. The fact. On of more information is needed for a true trend change. On the day, look at acorn, up higher in a big way come more more than 80. 5 , since may of last year. This am and is the european this on the news that the european Healthcare Provider is considering a bid for the generic brands and moneymakers. We also have some other generic stocks in the u. S. Trading higher, including endo international, valeant, and others. Endo up more than 5. 5 . Not so bigh, relative to the volatility for these names. Let take a look at the 10 year yield on the day. Around all over the place, starting off higher earlier, than mainly lower on those events, and now at session highs. Bonds are trading low
We are now looking at the dow s p 500 dow, s p 500, and the nasdaq on trading slightly higher. In dow is slightly higher the week, the s p 500 about flat, and the nasdaq down. Coming intofactors play, the missile attacks in , but, some uncertainty investors are slightly more bullish. Small gains. The fact. On of more information is needed for a true trend change. On the day, look at acorn, up higher in a big way come more more than 80. 5 , since may of last year. This am and is the european this on the news that the european Healthcare Provider is considering a bid for the generic brands and moneymakers. We also have some other generic stocks in the u. S. Trading higher, including endo international, valeant, and others. Endo up more than 5. 5 . Not so bigh, relative to the volatility for these names. Let take a look at the 10 year yield on the day. Around all over the place, starting off higher earlier, than mainly lower on those events, and now at session highs. Bonds are trading low
We are now looking at the dow s p 500 dow, s p 500, and the nasdaq on trading slightly higher. In dow is slightly higher the week, the s p 500 about flat, and the nasdaq down. Coming intofactors play, the missile attacks in , but, some uncertainty investors are slightly more bullish. Small gains. The fact. On of more information is needed for a true trend change. On the day, look at acorn, up higher in a big way come more more than 80. 5 , since may of last year. This am and is the european this on the news that the european Healthcare Provider is considering a bid for the generic brands and moneymakers. We also have some other generic stocks in the u. S. Trading higher, including endo international, valeant, and others. Endo up more than 5. 5 . Not so bigh, relative to the volatility for these names. Let take a look at the 10 year yield on the day. Around all over the place, starting off higher earlier, than mainly lower on those events, and now at session highs. Bonds are trading low