Each released versions of a tax plan. This time, will tax reform be a reality . Thats our cover story today. I always liked taxes to boost the economy, gives more to the people it belongs to. Will you save money under a republican tax plan . Congresss own official scorekeeper the joint committee on taxation found 20 of americans would actually have a higher tax bill within ten years. Both the house and the senate plans would likely lower individual tax rates. To 12,000 for singles ould and 20,000 for couples. What i do know is it ends up eliminating the deductions that benefit me and cuts a lot more. Itemized could be limited including state or local taxes, medical expenses and student loans, plus the mortgage interest reduction may change. Tax deduction at the end of the year, if i buy a new house, thats not going to, i cant write that off anymore. Want to cut the top rate from 35 to 20 . Although, it would be delayed a year until 2019 in the Senate Version. With the way the tax refor
On the money starts right now. Thi on the money, your money, your life, your future. Now, becky quick. We dwbegin with your taxes. Its been years since tax reform bill but changes might be ahead. House and Senate Republicans each released versions of a tax plan. This time, will tax reform be a reality . Thats our cover story today. I always liked taxes to boost the economy, gives more to the people it belongs to. Will you save money under a republican tax plan . Congresss own official scorekeeper the joint committee on taxation found 20 of americans would actually have a higher tax bill within ten years. Both the house and the senate plans would likely lower individual tax rates. To 12,000 for singles ould and 20,000 for couples. What i do know is it ends up eliminating the deductions that benefit me and cuts a lot more. Itemized could be limited including state or local taxes, medical expenses and student loans, plus the mortgage interest reduction may change. Tax deduction at the end
He was questioned by House Budget Committee members related to Economic Growth and Government Spending. This is just over two hours. The hearing will come to order. Welcome on the congressional hearing on the offices budget and outlook. I want to thank everyone for being here this morning. Were holding this hearing today to discuss the congressional budget offices economic out look which gives us a look at our spending, National Debt and how the economy is going to perform over the next decade. It forms the cornerstone of the work we do here at the House Budget Committee and i want that thank for their hard work and would also like to welcome director hall. I do appreciate you taking the time to testify today and look forward to your insight as we discuss this report. The discussion we will have today is a serious one because as cbo indicate we face economic challenges. Deficits are beginning to rise and Economic Growth continues to be sub par. Legacies of the last Administration Polic
This being the day fixed by public law 113201 pursuant to the 20th amendment to the constitution of the United States, to the meeting of the 114th congress of the United States, the house will come to order. The prayer will be offered by father conroy. Chaplain conroy let us pray. Loving god, we give you thanks for giving us another day. We gather on this most significant day when once again recelebrate the peaceful transition of democratic government. Though many return from the 113th congress this peoples house is a new legislative assembly. May the service of all the members here gathered give you glory and equip well the charge entrusted to them by their fellow citizens. Give each member an abundance of wisdom, knowledge, and understanding that they might know best how to proceed in the work they have been given to do as well as the courage to act once they have discerned where your spirit might lead them. May all that is done this day and all the days of the 114th congress be for
s governor gary her bevt. Then donald nor cross. Later, hour spotlight on magazines. Well take your calls on the sentencing of former Virginia Governor robert mcdonald. Live starting at 7 00 a. M. Eastern. Today president obama is at a Ford Assembly plant in michigan to talk about jobs and the economy. Live at 4 05 p. M. Eastern on cspan3. This sunday on q a author dick lair talks about the film the birth of a nation. Part two of the movie which is after the war reconstruction is really the heart of the protest in the sense that this is where the blacks are just appalled by the portrayal of freed slaves. And this is a scene showing what happens when you give former slaves the right to vote, the right to be elected the right to govern. Its a scene in the South Carolina legislature where the first and primary order of business is to pass a bill allowing for interracial marriage because again in his hands black men are soley interested in pursuing and having white women. Sunday night at 8