Feds getting ready to hike Interest Rates. Dow futures down three from s p futures down one. Cheryl stocks opening ahead of the decision. The ftse barely higher. Turn to the nick in japan dont have 1 given chinas shanghai composite tacking on two thirds of 1 . Trying to doesnt open until friday, but star wars last jedi early reviews selling potential box office gold. Train seven starts right now. Lauren it is wednesday from a december. I lauren simonetti. Cheryl welcome back, lauren. A lot happening. Tranter when i went back to too bad about 9 30, it was the tories. Cheryl hello, everybody. Im cheryl casone. Checking with the breaking news out of alabama. The first democratic to jury in about a quarter of a century with 49. 9 . Republican candidate roy moore was hit hard by Sexual Assault allegations got 48. 4 of the vote. I have always believed that the people of alabama had more in common. We have shown not just around the state of alabama, but we have shown the country the way that
Good afternoon, everyone. The House Senate Conference committee on hr 1, the tax cuts and job act kcome to order. Im deeply honored to chair this Conference Committee. The first tax reform Conference Committee in 31 years. To be here with you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone in to discuss the format of todays meeting. Id also like to thank all the members of congress joining us today from both sides of the capitol and both sides of the aisle. I also thank all members of the house and senate and our professional staff who have worked so hard on tax reform for the past several years. In particular the member of the the members of the ways and Means Committee and senator hatch and the finance committee. We will begin todays meeting with the opportunity for each to make an Opening Statement of up to three minutes. In order to respect everyones time and ensure each one has the opportunity to speak
Just beginning. Fbn am starts right now. Cheryl 5 01 a. M. In new york, friday december 15th, good morning, im Cheryl Casone. Lauren good morning, thank you for joining us. Im lauren simonetti. Cheryl a lot of breaking news to get to. Is tax reform in jeopardy, two republican senators pressing for late changes in the bill, compromise bill, florida senator marco rubio and utah senator mike lee want to expand the child tax credits for lowincome families. I would outline the need for child credit. Its 1,100, a lot of people making 35, 40, 25,000 working are not going to be able toout liez as utilize credit as they need and i asked that the 1100 be raised. 21 without going into effect last year and cap salt at 10,000. Cheryl meanwhile one week to go before the froth runs out of money. Asham shapiro has the latest from washington. Adam good morning, while everybody is paying attention to tax reform, another issue thats starting to play out and thats funding the government past the december
Who is live at aquatic park which is now closed. Reporter thats right. Authorities have shut it down to swimming until monday because of the latest sea lion attack. They just put signs up and down the shoreline in the last hour or so. Swimmers are asked not to go into the water, obviously, but they are wondering if its the same sea lion that attacked a different swimmer yesterday afternoon. We want to show you some cell phone footage taken this morning. It shows people helping this mornings victim out of the passenger seat of an suv into an ambulance. Now, the attack happened around 8 a. M. This morning. The victim was swimming in the aquatic park. He says a sea lion came from underneath him and bit him in the groin area. He screamed out for help, swimmers nearby came and swam with him to shore. He came in shocked he had a look in his face where, um, just wanted to get to a hospital. So we called 911. Sat back and had some coffee and heard ah, ah, ah looked over to see a guy just right
80,000 pictures first, mr. Chairman. I wanted to get them to do that. Mr. Chairman, mr. Neil, thank you. Welcome to the rules committee. We previously began tonights markups with hr 3312. The destination improvement act of 2017. Chairman has given that testimony. We will now proceed to consideration of the conference report to accompany hr 1, tax cuts and jobs act. The tax cuts and jobs act is a bold pro growth bill that will overhaul our tax code and unleash the Free Enterprise system and it does so by lowering taxes on businesses of all size so the job creators can focus what their job is, that is creating jobs, moving forth our economy and giving people an opportunity to better their lives including increasing paychecks and the opportunity to have our country not only move forward but its people at the same time. Mr. Chairman, i have characterized this bill for quite some time as an opportunity to take 5 5. 6 trillion of 10 years worth of tax Code Provisions, and move that from tax