Not to raise taxes on middle class will be nul and void on january 1st. The president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. Taxes are going to go up one way or the other, the key is to make taxes go up and highend individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. Lou obamacare, guarantees taxes are going up. 5 new obam obamacarebased taxeo kick in next year. A 3. 8 surtax on unearned income, and call chains and dividend 18. 8 , and a new tax on hospital care, and medical device manufacturersing taxed 2. 3 of the price of their products. Americans get a Tax Deduction if their medical expenses exceed 7. 5 of their total income that number rising to 10 for everyone under the age of 65. And government, for First Time Ever sending a limit on tax free flexible spending accounts, joint committee tax, estimates those 5 new provisions amount to 2 60
Close this sad chapter. The vast majority of these people probably dont pose a risk and they certainly wouldnt pose a risk incarcerated in our maximum security facilities in the United States. But its time to close this facility, to honor the rule of law, it strengthens our position internationally. It saves money. And it allows us to actually get some of these people who may be bad guys actually convicted. Military tribunal doesnt work, our courts do. I hope we will step up, do the right thing, aprove this amendment and give mr. Moran a growing a a going away present. I yield back. The chair the question is on the amendment offered by the gentleman. Those in favor say aye. Those opposed, no. The noes have it. The amendment is not agreed. The gentleman from oregon. Mr. Blalmnaur i request the yeas and nays. The chair further proceedings on the amendment will be postponed. The clerk will read. The clerk none of the funds may be used for Construction Service where the contractors hasnt c
Versus germany but nike versus adidas and a multibilliondollar market is what is at date. Ou are watching Market Makers here on bloomberg television. Im Erik Schatzker. Stephanie ruhle will be along in just a little while. A little bit later this hour. Right now, in Lower Manhattan, more than 12 years after the worst terrorist attack in this nations history, the National September 11 Memorial Museum is being opened. You can see what is happening. This is happening in new york city right now. The museum will be dedicated in a few short minutes by president. Survivors and family members of the news will be speaking. We will take you back there as soon as the president starts. Anwill also bring you interview with former new york city mayor michael bloomberg, chairman of the museum and also the founder of our Parent Company. If you would like to watch the entire ceremony it is streaming live on our website, bloomberg. Com tv. To bring it up to speed, time for the newsfeed, the top business
Wildest dreams why they would want to do that. I cant explain Peter Navarro. Hes in a world by himself. Here are the facts at this hour. In georgia, republican Governor Brian Kemp is overruling mayors in georgia who have ordered mandatory masks in their cities, despite the Public Health guidelines. The nations largest retailer walmart will require shoppers to wear masks starting monday at all its stores and sams clubs. Moments ago target and cvs announcing they will also require masks in their stores. And alabama becomes the latest state to require mask wearing after governor kay ivey issued a sweeping order requiring masks to be worn in public. This as there is a major shakeup now in President Trumps campaign. Just four months before the election, Campaign Manager Brad Parscale is being bemode demote replaced by bill stepien. And joe biden is surging ahead of donald trump with a double digit lead over donald trump with registered voters, both nationally and in battleground states. Wel
And theres just hours to go in transfer deadline day in the premier league. Everton sign defender ben godfrey from norwich city in a £25 million deal. Hello, good afternoon. Number 10 says an investigation has begun into the error which meant that the close contacts of nearly 16,000 people with coronavirus were not traced last week. Public Health England has blamed what it described as a technical issue, and the investigation will look into why the problem wasnt discovered sooner. Although those testing positive were informed, their details were not passed on to the test and trace system to alert those theyd been in contact with. The bbc has been told by Senior Public Health officials a significant proportion of the unreported cases are from the north west of england. Phe says the issue has now been resolved, but labour has called the situation shambolic. The Health Secretary matt hancock is to make a statement to mps this afternoon. Heres our Health Correspondent cichard galpin. Test