61 approving the cuts. It came after hours of outcry the study before the meeting. Reporter frustration and anger erupted as hundreds came to the Oakland School Board Meeting concerned about cuts to Student Services special Education Supplies libraries and staffing. The superintendent said her revise recommendation is 9 million in cuts. 5. 2 million cuts from the Central Office. 23 layoffs and 3. 8 million to school sites. We have to do a midyear adjustment as opposed to waiting until next year because we do not have a reserve as a district. Reporter the superintendent says as a former teacher and principal she understands the pain. The district has overspent and now it risk not being able to pay bills or maintain is state mandated 2 reserve. The puts the district at risk of being taken over by the state. We are one. 1 million short of our minimum 2 reserve. This is a mistake you guys made. It should be coming out of your salary rather than the students. Reporter some said the board sh
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
Time for you, two and a half seconds before the camera goes on. But i need that little glide time. Just take it in through your its a breathing thing . All right. Well, we are going to see how this hour works then. Well done, my friend. Thank you, rachel. Thanks, lawrence. Full disclosure, tom melanowskism melanowski is a friend of mine. Hes going to be joining us this hour. He was born in poland when it was in communist control. When he was 6 years old he fled to the United States with his mother, grew up in new jersey. I met tom when we both started working for senator Daniel Patrick moynihan around the same time in 1988. Tom has spent his life concerned with human rights in his work in senator moynihans office and then in president clintons National Security council where he was a senior director and then as the chief advocate for Human Rights Watch and then as president obamas assistant secretary of state for democracy rights and labor. I could have known what tom was going to do w
Time for you, two and a half seconds before the camera goes on. But i need that little glide time. Just take it in through your its a breathing thing . All right. Well, we are going to see how this hour works then. Well done, my friend. Thank you, rachel. Thanks, lawrence. Full disclosure, tom melanowski is a friend of mine. Hes going to be joining us this hour. He was born in poland when it was in communist control. When he was 6 years old he fled to the United States with his mother, grew up in new jersey. I met tom when we both started working for senator Daniel Patrick moynihan around the same time in 1988. Tom has spent his life concerned with human rights in his work in senator moynihans office and then in president clintons National Security council where he was a senior director and then as the chief advocate for Human Rights Watch and then as president obamas assistant secretary of state for democracy rights and labor. I could have known what tom was going to do when President