The second panel is perhaps more of our technical panel. We have several witnesses present to help answer questions about modern development on the north slope and what it might look like in the future. Joining us today are mr. Aaron shut. Aaron is the president and ceo. Thank you for being here. You also brought your son with you which is a great Educational Opportunity for him and we appreciate you both being here. Lois is with us and she has been before the committee before. We welcome her back, she is the Arctic Program director for the wilderness society. Following ms. Epstein, we will have mr. Richard glenn, also a frequent flyer to the energy committee. He is executive Vice President for land and Natural Resources with the arctic slope regional corporation. It is good to have you back. Pepper show is known to many alaskans and many in washington d. C. His the former special assistant at the department of the interior during the previous a ministration. Welcome back test on our p
Type tax reform. Today is day two of the Senate Committee review live on capitol hill. This is just getting under way. It collects input from amendments that have been filed. Because of a larm number of amendments we have processed the modified mark will be given to members later today as has been discussed with our Ranking Member and everyone can then have time to read over the modifications. After that process we will resume a markup tomorrow morning with the modified mark. Before we proceed today i want to make a few comments. I appreciate members participation during yesterdays session. I was glad to hear everyones initial thoughts. However a number of issues were raised that in my view werent additional responses. First is a massive tax cut for the rich. That particular claim was repeated by almost every minority member of this committee. The problem with that is that its just not true. J. T. C. s analysis shouldnt be ignored all together. Secondly there was the repeated claim tha
Regulations. Yeah, were going to need lots of regs, based on these proposals, correct . Is that correct, mr. Barthold, theres going to be a lot of regulations with these proposals . Presumably some things go away but there would have to be new notices and new regses to effectuate policies in the mark. In the areas you have mentioned, the new passthrough regime and the shift to a territorial regime with the base erosion protections. And what about deductions. Those are pretty complex also. Theres going to be regs there, right . Actually, theres a number of regulations related to interest deductions now. So that might be a net wash. A net wash. So if you and i were having a friendly beer in a bar, and i wanted to lay a bet with you on whether or not there would be a new book or whether or not we would take away a book, im willing to bet theres a new book. Based on this proposal. Would you take that bet against me . Well, if i may be a little light in answer, the publishers tend to like t
Review of the republicans tax plan freom earlier today. Well leave it here. You see it at cspan. Org. Committee members returning from a break to continue their work. Live coverage here on cspan3. Were going to continue with another round of questions about the modification. We will then conclude this portion of the markup at the completion of that round. And i hope everybody zpt havedo have to ask questions. At that point the modified mark will be open for amendments. Before we continue for the next round, i think its open for amendments now, but well do it for sure then. Before we continue with the next round, i want to say a few words of about some of what has been said. My democratic colleagues always pro fes to be the champions of middle class families. We see that rhetoric in full bloom and full display today. Thats why it is absolutely astonishing to me that they are so opposed to the repeal of the individual mandate tax. They talk as though everything is fine with our Health Ca
Global economy. Jamie dimon speaking space of do bloomberg. Like 15 years. Ng europe is doing actually rather well all things considered. America is still chugging along. Good a pretty welcome to bloomberg daybreak. I am anna edwards. Europe. Manus looks like they are making it official. Anna details coming through, clarion and huntsman set to close by the end of the year. They will combine in a merger of althoughhey say, clarion holders will take on 52 of the business, huntsman 48 . A dual listing in switzerland and in new york. You can find the details about the savings they can get, and this has already been an historic year in terms of m a in terms of chemicals. 300 billion in m a planned, better than the previous record. Manus and more news coming through, looks like lafarge has appointed a new ceo. They were close, a lovely line coming from the analysts, saying he needs to recruit a new ceo who will turn the page and get on with it, and that seems to be the key. Hes german. He wa