Mr. President , the first motion the senate will vote on is a straightforward proposition. The motion says lets send this bill back to the senate on a bipartisan basis and come up with a plan that actually works for the middle class. I will wrap up just by recapping the republican rhetoric on his tax plan. First it was said to be a guaranteed middleclass tax cuts. Then it was merely focused on the middle class. Next it was an average tax cut across a variety of income cohort. But now, the numbers are actually in. Republicans want to run up enough red ink to threaten medicare and Social Security and still raise taxes on more than half of the middle class. The senate on a bipartisan basis can do better than this. I urge my colleagues to support this proposal, to send the bill back and come back h on a bipartisan basis with tax reform that actually works for the middle class. I yeild back. The question on motion. Nay. Is there a sufficient second . The clerk will call the roll. [roll call
We are seeing once again some interesting divergence within the market. The dow climbed to another record and rise for the six of the past seven sessions gaining more than 1 , the s p is on his heels, almost a quarter of a percent. The lag once again is the nasdaq. Only up one third of 1 . A strategist of bloomberg estimates talk about paying attention to that nasdaq underperformance might mean that some of the rumbles we got last week in the rotation out of Technology Going into year end, that movement might not be over. Something to continue to watch their. Also, we are talking about the big deals this morning that we have been talking about scioscia for several weeks. Now it is official. Cvs agreed to buy aetna. That isading well below analyst are asking questions about antitrust approval. Particularly after the Justice Department sued to block at ts purchase of time warner. Orther instant implication more of what this is a reflection of is working broadly and health care. Take a lo
The chair recognizes the gentleman from new jersey. Mr. Frelinghuysen mr. Chairman, i rise today to present h. J. Resolution 123, a continuing resolution that maintains funding for federal Government Operations and prevents a shutdown. Current funding legislation expires tomorrow, friday, december 8. Congress must act now to prevent a Government Shutdown and preserve vital federal programs that americans rely on. This action is critical to our nations stability, our National Security, our economic health, and the wellbeing of the American People. This simple clean extension of Funding Provides the fiscal year 2018 funding for Government Programs through december 22. An additional two weeks, and will allow time for the leadership to reach a deal on an overall top line spending levels for the 2018 fiscal year. I would note that the executive branch supports adoption of this continuing resolution. Yesterdays statement of Administration Policy says, and i quote, this legislation funds the
Consider a twoweek government funding extension while negotiations continue on federal spending past december 22. Current Spending Authority runs out friday night. Also changes to the Small Business Merger Acquisition. Live coverage here on cspan. T. Today, we remember the lives lost at pearl harbor and the young men and woman who served today. In these troubled times of fires, floods, terror attacks, mass chootings, help us to rely on your strength to envision and build a stronger, more secure america. Give us more visionaries like father Edward Flanagan who founded on december 12, 100 years ago. He was an irish immigrant who lived the American Dream and taught us all that the troubled child can grow up to be a useful citizen if given half the chance. He saw the best in the kids that others rejected as useless. Help us. Especially each of our representatives to see the best in those that have different political or social views so we can together build an america that enables and call
30 minutes. The chair recognizes the gentleman from new jersey. Mr. Frelinghuysen mr. Chairman, i rise today to present h. J. Resolution 123, a continuing resolution that maintains funding for federal Government Operations and prevents a shutdown. Current funding legislation expires tomorrow, friday, december 8. Congress must act now to prevent a Government Shutdown and preserve vital federal programs that americans rely on. This action is critical to our nations stability, our National Security, our economic health, and the wellbeing of the American People. This simple clean extension of Funding Provides the fiscal year 2018 funding for Government Programs through december 22. An additional two weeks, and will allow time for the leadership to reach a deal on an overall top line spending levels for the 2018 fiscal year. I would note that the executive branch supports adoption of this continuing resolution. Yesterdays statement of Administration Policy says, and i quote, this legislatio