We begin i like remind my colleagues once again that this is a tax markup. Weve had quite a bit of discussion about the individual mandate and what that might mean for the impact of the mark, but even so the individual mandate is part of the tax code. It is by indivisible account well within the intended scope of the markup. I intend to rule in the amendments that go beyond changes to the Internal Revenue code, not germane. Similarly, i will rule nine germane in an image that would put the modified mark out of compliance with the committees reconciliations instruction. With that we will proceed to the consideration of amendments. Where going to begin by debating to amendments proposed by senator wyden for 20 minutes. After which we will vote on both amendments. Once we voted on those amendments we will call on to more amendments proposed by the Ranking Member for 20 minutes and vote on those as well. We will go to that point and then we will see where we are. Okay, senator wyden. Okay.
The legislation would raise taxes for middleclass families should be replaced with a bipartisan alternative area. The committee will come to order. Today we are going to continue our consideration of the chairmans mark as modified. For the tax cuts and jobs act. About the mark and modification with extensive discussion of amendments last night. Admittedly, things were a little chaotic at the outset and tensions ran high. Were going to improve the process in communication today and hopefully make things move a little more smoothly. That with that issue address i like to say a few words about the tone of our discussion this morning. Or this week. Because i think it has been a real problem. As i said, i dont seek retribution anyone for holding a passionate viewpoint on any issue. I dont doubt my colleagues sincerity and any views expressed what for the committee operate we need to be recyclable and allow the debate to unfold in an orderly fashion. Members are free to disagree about any is
Credits. New market tax credits have provided an effective incentive for the private sector to invest in communities outside the economic mainstream. Now, these are usually communities that already have the sewer system and sidewalks and electrical systems. But they have building that no longer serve the purpose that they used to serve. And new market tax credits look at those buildings and other areas in our and in our state in missouri, new market tax credits have finance add manufacturer in hazelwood, a heating manufacturer in cuba, missouri, a plumbing fixture manufacturer, the First Grocery store in more than a generation in pavesdale, missouri. This bill also recognized the importance of tax credits. Talking to a businessman in st. Joseph about that he made the point that st. Joseph is an ordinarily community, an historic community, the westward movement, the wagon trains that outfitted there 150, 175 years ago. The stockyards thrived after the civil war. But those old buildings,
Forest and cleanup of National Waste sites. In todays washington journal we talk of tax legislation and Sexual Harassment in the workplace. Call in with your comments. Host today the Senate Continues debate on the republican proposal looking to make significant proposals to the tax code. 50 votes are needed to pass it. However, several republican senators are looking to make changes to the tax plan. Changes such as bumping up the Corporate Tax rate from the proposed 20 and imposing, quote, triggers to keep the National Debt from increasing. With so much activity in mind, were dedicating the entire program today to give you the latest information on the Senate Debate and hear your opinion of the republican proposal for tax reform. Heres how you can let us know your thoughts this morning. If you want to call us, 2027488000 for democrats, 2027488001 for republicans and independents, 2027488002. You also can reach us on our social media venues. Postit on twitter or facebook as well. As you
What archeologists found buried in the sand dunes along the california coast. And it is an american obsession that is rarely made in america. Way to grow coffee in the nd a continental United States. Find out where and how much it costs. But we begin with a look at todays eye opener, your world in 90 seconds. The tax cuts and jobs act as amended is passed. Senate republicans scramble to win big tax cuts. This is a great day for the country. Been 31 years since weve done comprehensive tax reform. This is a momentous occasion for the republican party. They put out 429 pages of text this evening and no one has seen it or let alone being able to read it. This is the tax bill. See how thick it is. Montana Senate Jon Tester posting this video on twitter. This is your government at work. Can you tell me what that word is . The bombshell in the russia investigation. Flynn flips, putting Jared Kushner in the cross hairs. The former National Security adviser to the president pled guilty to lying