Friday night and you hand out the work product for all the members of the senate to take a look at before they vote on changes in the tax code that will affect the people they represent. This is what happens. 479 pages were handed to us. They tell us some of this has been around for a while. Some of its new. They dont tell us which part is new and which part is old. But, lucky for us, on k street, and there is nothing wrong with lobbyists, but on k street where the federal lobbyists live, they are following this really closely and they have given us basically a cheat sheet. A score card. So we can figure out at least generally speaking how many changes have been made in the 479 pages since the last time we aw this proposed bill. Now, i defy any member of the senate to stand here and take an oath that they have read this and understand what in the world it means to businesses and families and individuals. If they want to take that oath, and maybe some will, then i refer them to, ladies
Family deals with the unthinkable after that horrific accident around this time yesterday morning at the bay bridge toll plaza. Si si han worked as a toll booth collector for a decade. Just minutes after she started her history yesterday morning, a suspected drunk driver crashed into her booth. The State Capitol lowered its flag to halfstaff in her honor. Abc7 husband reporter lisa ga leashian spoke with the victims family and friends. Shes a very kind and generous woman. Reporter si si han was loved by so many. Here she is with her husband and their 10yearold daughter. I spoke with a close relative. She shared these photos and her fears for the family. Hes devastated. The daughter, how hes going to have a difficult time. Reporter han stepped into booth 14 just ten minutes before police say daniel burke sped through the toll plaza in a box truck. Cars were backed up in the lane waiting to pay. Hit that very last car in line and caused a cane reaction. Thats how all five vehicles were d
Mid 50s by noontime. Plenty of sunshine. Numbers 5 degrees shy of average. With a clear sky, its going to get chilly at night. Winds to talk about in the hills all coming up in a few minutes. Thank you. We have breaking news out of san leandro this morning. At least one person is dead after a crash on interstate 880 chp is investigating what led up to this accident. Officials say a white Dodge Charger struck a pole just before 3 00 this morning. We are working to gather more details. Keep watching abc7 news for updates. And another deadly crash, this one in sonoma county. The chp says a vehicle hit a pedestrian on highway 12 near warm springs road. This happened around 11 30 last night. No word if the driver stayed on scene. Chp officials closed the highway to traffic for several hours overnight. All lanes reopened around 3 00 this morning. This morning, an east bay family deals with the unthinkable after that horrific accident around this time yesterday morning, actually about 5 15 ye
President trump presented some confusion on the tax cut. Business tax all the way down 35 percent20 or it could be 22 . We will see what ultimately it comes out. Shery here now with that and what this means for negotiations is our National Political reporter joining us from capitol hill. So this would be a good revenue raiser . Where are lawmakers likely to use that money question mark its far from certain that this will actually happen. President trump started with a 15 Corporate Tax rate and moved up to 20 which seems to be the redline for a lot of members of the house and the senate on the republican side. Its far from clear that they will go for the 22 . There are two senators i believe would have been happy to have heard President Trump say before the senate vote that marco rubio and mark lee who proposed to tax slightlyporate to finance an expansion of the child tax credit, the president had joined had drawn a redline but seems to be flex will now. It remains to be seen what if a
Europe up more than 1 , benchmark yields relatively stable around 1. 29 futures point to a strong open as tax reform rolls through congress. We did get the meg amerger, cvs health is buying aetna it is the largest deal. Broadcom taking First Step Towards a hostile takeover of qualcomm 11 nominees to qualcomms board. Futures rallying after the Senate Tax Reform bill was passed Early Saturday Morning. Next up is conferencing the house and Senate Versions of that bill. Republicans expressing optimism, theyll get a final bill to the president s desk by christmas and a lot written over the weekend suggests theres more similarity than differences. I think where we were midday, the report that caused one the suspension of brian ross, and a belief that nothing could happen and the senate could fail, we got a classic tip down 350 points it turned out to be once again an amazing buy opportunity and now, a lot of analysts will be stuck raising numbers i say stuck because theres so much people who