Mr. Brady the committee will come to order. I have an amendment at the desk. The amendment has been distributed in advance. Mr. Neal. Would you like me to address the amendment . Lets do that. Mr. Neal i think that would be very helpful. Mr. Brady good. I am pleased for this amendment, the amendment in the nature of a substitute, on behalf of the majority on the ways and Means Committee, similar to the amendment i offered on monday. This amendment will refine several provisions in the tax cuts and jobs act. It also takes action on three crucial priorities. Helping american families, providing tax relief to main street startups, and increasing american competitiveness. Lets start with helping families. First, among other important improvements, this amendment will preserve the adoption tax credit. Now, i know americans who adopt are not doing this for the tax benefit. Were doing it because we want to provide a safe and loving home for a child. I know from personal experience the adoptio
The committee will come to order. I have an amendment at the desk. The amendment has been distributed in advance. Mr. Neal. Would you like me to address the amendment . Lets do that. I am pleased for this amendment, the amendment in the nature of a substitute, on behalf of the majority on the ways and means committee, similar to the amendment i offered on monday. This amendment will refine several provisions in the tax cuts and jobs act. It also takes action on three crucial priorities. Helping american families, providing tax relief to main street startups, and increasing american competitiveness. Lets start with helping families. First, among other important improvements, this amendment will preserve the adoption tax credit. Now, i know americans who adopt are not doing this for the tax benefit. Were doing it because we want to provide a safe and loving home for a child. I know from personal experience the adoption process can be expensive and time consuming and ultimately so rewardi
On thursday, the house ways and Means Committee finished its work on the republican tax reform bill, sending it to the full house for full debate next week. Here is the final part of the committees markup session, including debate on the manager amendment and vote on the overall bill. Kevin brady chairs the ways and Means Committee. This is one hour and 20 minutes. The committee will come to order. I have an amendment at the desk. The amendment has been distributed in advance. Mr. Neal. Would you like me to address similar to the mm and offered on monday, this amendment will refine several families, providing tax relief to main street startups, and increasing american competitiveness. Lets start with helping families. First, among other important improvements, this amendment will preserve the adoption tax credit. Now, i know americans who adopt are not doing this for the tax benefit. Were doing it because we want to provide a safe and loving home for a child. I know from personal exper
The fourth and final day of the house ways and means committees review of the republican tax reform legislation. Brady offers his managers amendment which includes tax benefits for families with adopted and disabled children military families and Small Businesses. This is an hour and 20 minutes. Brady offers his the committee will come to order. I have an amendment at the desk. The amendment has been distributed in advance. Mr. Neal. Would you like me to address the amendment . Lets do that. I am pleased for this amendment, the amendment in the nature of a substitute, on behalf of the majority on the ways and means committee, similar to the amendment i offered on monday. This amendment will refine several provisions in the tax cuts and jobs act. It also takes action on three crucial priorities. Helping american families, providing tax relief to main street startups, and increasing american competitiveness. Lets start with helping families. First, among other important improvements, thi
Senate and i wanted to ask you about one thing in particular we have seen this past week, which is more senators talking about changes to the taxation element of that bill. In particular were hearing , senators saying we may not want to repeal all of the obamacare taxes, especially the 3. 8 Investment Income tax. How concerned are you they will go backwards on the tax policies bill and whatat will it mean for the policy of the bill and for its passage in the house . Rep. Brady first, the senate is experiencing much what the house is members want a role say in the Health Care Bill and wanted time to work on it. I am confident that will pass a Good Health Care legislation. On the investment side, i think senator tumi said it come it would be a mistake. Getting it out of this economy would stop punishing people from investing in the local community and will trade 130,000 jobs and we need to them and to help grow paychecks as well. I also believe the current 1 trillion in taxes and the Cur