With these tax increases while the wealthy continue to get more tax bracing. Ill yield the floor. Mr. Wyden mr. President . The presiding officer the senator from oregon. Mr. Wyden mr. President , i brought with me to the floor a copy of the justreleased analysis by the joint committee on taxation. These folks are the independent tax referees for the congress. I pushed very hard for several weeks in order to get this dynamic score for the republican tax bill because as the Ranking Member on the finance committee, i heard my colleague say week after week that all we need to get is a dynamic score and people will see the value of our bill. Well, we got the score, and the score ends the fantasy about magical growth, about unicorns and growth fairies suddenly showing that tax cuts pay for themselves. In fact, this report shows that this bill would lose more than a trillion dollars even with the dynamic score. It slows the growth of the American Economy after 2025. It is the total opposite
In connecticut, that means 468,200 taxpayers in the bottom 80 of Income Distribution will experience a tax hike under this plan. The republican tax plan ends state and local tax deductibility, which means families are going to be taxed twice. It increases the federal burden on connecticut families who already pay more federal taxes than they receive in federal funding. Now what i hear, again listening to my friends and constituents in connecticut, is that theyre willing to pay their fair share. Theyre willing to pay even more than they may receive back from the federal government if they feel the system itself is fair. Not rigged in favor of the wealthy or big corporations or special interests. And they are the ones who will benefit from this tax scam. State and local taxes paid by my constituents in connecticut are vital to supplying communities with resources that pay for essential local services. Were talking about police and schools. And, yes, infrastructure, rebuilding roads and b
Images of herself on big game hunts taunting her critics. Well talk to her. And end of the road. The little robot on a Cross Country journey to San Francisco. Strangers supposed to get him all the way. But then this happened. How the happy little life of the robot came to a sad end today, monday, august 3rd, 2015. From nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today. 7 00 a. M. On the west coast on monday. Im Savannah Guthrie. Our big story is out west. Scary scene in california. Over 20 individual fires but a couple of them very, very alarming. Its our top story this morning. Thousands of homes now being threatened by this california wildfire. And overnight, emergency officials stepped up evacuation orders. Nbcs joe fryar is live in lake port, north of San Francisco this morning. Good morning to you, joe. Good morning, savannah. We have just learned this fire is now 60,000 acres burned,
The little robot on a crosscountry journey to san francisco. The goodness of strangers supposed to get him all the way. Then this happens. How the happy little life of hitchbot came to such a sad end today, monday, august 3rd, 2015. From nbc news this is today, with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on a monday morning. You look so different, matt with your glasses. Well thank you very much. Matt is off this morning. Weve got carson here and breaking news at the top this morning. Its our top story. The severe storms moving east now, after producing dangerous hail high winds and tornadoes across the midwest. Heres nbcs john yang with the latest. Reporter Severe Weather turned deadly over the weekend when high winds caused a tent to collapse at a small festival in suburban chicago. We had one fatality three serious injured and 17 to 20 minor injuries. Reporter John Anderson says his van, southern jack w
The popular locala palooza festival shutting down. Organizers ended the final day of the festival 30 minutes early when another storm hit the area. Here in grays lake, illinois, a day of cleanup. Parts of this building across the street. You can see that truck turned over. Carson, savannah, back to you. What a night. Jong yang in grays lake, illinois, thank you. Meanwhile, in california, thousands of homes are being threatened by a wildfire that nearly tripled in size over the weekend. Emergency officials stepped up evacuation orders. Joe fryer has the latest. Good morning. Reporter good morning, carson. This fire now at 54,000 acres, growing at a rate thats unprecedented. The flames have moved into a more remote area, which is good news. But in these conditions, they know things can change in an instant. The rocky fire is an unpredictable monster still growing this morning, even veteran firefighters say they have never seen anything like it. At one point, the flames tore through 20,00