Paris, the latest from the polarizing International Congress for victims of terrorism taking place in france. The latest from our reporter on the ground, plus, the organization for Economic Cooperation and development has released the latest forecast with warnings on slowing Global Growth. Speaking with the chief economisist later in our busines update with brian. Thank you for watching, live from paris. We start with israel, a political deadlock continues after two elections in three attempts, the country is no closer. Benjamin knowss netanyahus rival faiailed to fm aa government. Now the parliamentnt can nominae any candidate to be Prime Minister including netanyahu or benny gantz. A majority. Er won what is the l latest where you e this thursday . We have just seen something unprecedented in israeli politics. It is in the law b but it has never been done. The speaker of parliament has taken n the mandadate from the president. There was a ceremony for the hand over in which the presi
Mr. Crowley. Yes. Mr. Davis. Mr. Davis, yes. Ms. Sanchez. Aye. Mr. Higgins. Mr. Higgins, aye, ms. Sewell aye, ms. Chu, aye, ms. Black. Mr. Rice. No. Chairman, brady . No. Chairman brady, no. Mr. Chairman. The clerk will record the vote. 16 yeas, 23 nays. The amendment is not agreed to. Are there any further amendments to the amendment in nature of a substitute . I have an amend at the desk. You have an amend . I do. Mr. Nunez. Point of order has been reserved. I ask the gentleman to suspend while the clerk distributes. Mr. Nunez, does the gentleman continue to continue his point of order . Recognized for five minutes. My amendment should be titled whats fair is fair, whats equitable is equitable. This amendment will eliminate the state and local Tax Deduction that corporations are currently allowed to deduct from their taxes. Just as the underlying bill is calling for the elimination of state and local taxes for millions of working families throughout this country, including just to sh
What it means for you and the markets. A big day for earnings. Some major movers ahead of the open will set the tone for this trading day. Well dig in on a lot of the big reports. And one name with a big earnings move is twitter. Shares up nearly 10 right now. Take a look at the eye popping numbers. First up though the president set to unveil his proposed tax law changes today. Among the highlights a cut in Corporate Taxes, a cut in the rates of foreign profits brought back to the United States. The lawmakers were briefed yesterday by treasury secretary mnuchin and director cohn. Mnuchin spoke a moment ago about Corporate Tax rates. I will confirm that the business tax is going to be 15 . That is what the president said in the campaign. He said thats critical to drive growth and, you know, what i would say people talk about pass throughs. What we think is important is small business. And we are committed that small business, owner operators, will have the benefit of the business rate.
Problems in a number of ways. But quite often address them in ways they dont address the underlying problem itself but deal with the symptoms. And i think there are many examples of that. There are many i think if we think about International Tax broadly. What does the International Tax do. We go back to the 1920s compromise. Dividends, royalties, interests now that might seem like a good idea in the 1920s but causes problems. We have to figure out what royalties and dividends. And many of the problems of trying to allocate profits between different jurisdictions combined to those kind of problems. Weve already talked, for example, about how we is it corporations that plays effective management control and those kind of issues. So actually, as an aside an aside in five minutes, be quick, but the oecd, for example, is taking the existing system as a given. Started off by saying were going to have a fundamental review, but its taking those principles and trying to fix some of the problem
Israel, everyone loves israel. Why wouldnt anyone love israel . But everyone loves peace. That is the main force here. We want peace. I have a grandson in tennessee that has a wonderful friend who was a Football Player on the local High School Team who went to war in iraq and came home minus three limbs. For hussein, for a lie . I do not think so. Host mr. Dubowitz . We want peace. Guest we all agree we want peace. I oppose military strikes against iran. I have been working on almost 12 years on trying to find a way to provide the United States with a nonmilitary solution to this. A nonmilitary solution to this through diplomacy and using sanctions as an instrument of pressure. And it is to try to get the iranians to come clean with the past military dimensions of their program. Hillary would have you believe that iran is complying with all of the obligations, but the iaea actually disagrees. They have fundamental problems with the ron because iran refuses to acknowledge that they have