2027488001 for republicans. 2027488002 for independents. Post on twitter, cspanwj. You can also post on our Facebook Page. Find that at facebook. Com cspan. The hill newspaper looks at its website, takes a look at tax Reform Efforts on the senate side, expected to be released today. The writers say that tax writers in the senate are expected to eliminate the deduction for state and local taxes in their legislation. Thats a break with House Republicans, who have proposed keeping it in place for property taxes up to 10,000. It also says that Senate Republicans are also expected to increase the threshold for the popular mortgage Interest Deduction to 1 million, a substantial increase over the house, which lowered the cap to the first 500,000 of a mortgage. They will also change the house formula for taxing Small Businesses with a new passthrough rate of 25 host if you go to the pages of the wall street journal, theres a story saying that when it comes to the white houses perspective on ta
May our nation be faithful to those still with us, providing whatever their needs may be after they gave years of their lives in service to our country rather than dedicated to personal gain. Inspiration to us and we should not forget nor negligent our responsibility to them. Nor neglect our responsibility to thefment as the nation pauses to show its respect, may we be forever grateful to the blessings you have bestowed upon the United States of america. May our nation continue to be a beacon of hope for the world and may all we do be for your greater honor and glory, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his pproval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentleman from arkansas, mr. Westerman. Mr. Westerman i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisib
Complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally created by equifax who as fate would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notify consumers following discovery of the breach. We are in the air of major data we are in the era of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, Equifax Breach
Meanwhile President Trump is on the final leg of his historic asia trip, now in the philippines, talking trade but coming under fire from the left over comments he made about Vladmir Putin. More republican lawmakers speaking out against roy moore this afternoon as another woman alleges that she was assaulted by him, when she was a minor. Among our guests this hour, congressman tom garrett, from the House Freedom caucus. Harvard economics professor, my professor, marty feldstein. Byron york, Michael Goodwin, dilbert creator scott adams. Wow. David dow climbing despite the big drag from general electric. That stock ending the day down more than 8 . Lets go straight to lori rothman on floor of the nyse. Lets go to what happened. Ge, gee whiz. Announcing a Restructuring Plan and slashing the dividend by half. Slashed the dividend by 50 , hasnt done that since the financial crisis. Ges stock viewing link 35 yeartodate today. It was off another 7 . Wall street not thrilled with ges plans to
Replacement without knowing the cost. [ laughter ] congress narrowly passed republican plan to replace obamacare today. Also narrowly passing, grandma. [ light laughter ] [ audience ohs ] i didnt take away health care. [ light laughter ] a member of the conservative House Freedom caucus said yesterday, that it can be difficult to negotiate with President Trump because its hard to tell what hes thinking. Also if. [ light laughter ] [ cheers and applause ] there were several protests here in new york for President Trumps first planned visit since his inauguration, including one protest at trump tower. [ laughter ] [ cheers and applause ] today was respect for chickens day. Thats right. Respect, said President Trump trying to spell chickens. [ light laughter ] that was my favorite one, so there you go. [ light laughter ] sometimes sometimes we diverge. [ light laughter ] thats right. Today was respect for chickens day which is information that would have been useful to me before lunch. [