Mr. Schumer i ask unanimous consent the quorum be dispensed with. Gth. Good morning mr. President of like to talk about taxes President Trump and Republican Leaders announced several proposals as part of the tax plan. Rate to repeal the estate tax of lower the tax and the top rate and raise the bottom tax rate. Each of these would have a massive windfall to the wealthiest americans to provide almost a relief to middleclass taxpayers to need it most. And they designed a plan and in the Corporate Board rooms and in that those estates worth 11 million but those middleclass families is that the president s definition and just to the of wealthiest among us and let me tell you ended toed take away the benefits i have been trying to do the same thing on taxes. In to me it in for a rude awakening 70 percent of americans are against tax breaks for the wealthy americans this would create a huge loophole creating the Hedge Fund Managers to funnel their income to the business entity to avoid the t
Just a few days before the deadline . A couple of reasons. Probably the biggest one is that the longterm authorization bill, authored by bill schuster, the sherman of the transportation infrastructure committee. Included this provision, a longstanding goal but a controversial one. It would remove air Traffic Control organization from the faa and create a new nonprofit to oversee that. There was a lot of opposition and he has been working hard with that. But does not quite have the vote to pass that. It is a lastminute shortterm extension. This is the Second Time Around this week for use of the regular viewers of the house. They took up the bill a version of this on monday. What happened . The ticket into the expedited procedure under suspension of the rules. That required the two thirds majority of everyone voting in the house. Got a majority of votes but did not clear the two thirds congressional bill. They had to go back to the rules committee. It takes a bit longer but they have the
The government say its considering ways of making buying and selling houses faster, cheaper and less stressful in england and wales. Its launching a consultation, which will look at whether its possible to reduce moving costs and end practices like gazumping. Our Business Correspondent joe lynam reports. Moving home is often compared to getting divorced in terms of stress and worry. Picking your new home is the easy part of the process, before venders, surveyors, solicitors, banks, agents and removal vans get involved. Currently, it can take three months on average to move home. Getting the mortgage offer from your bank alone takes around 50 days. And a quarter of all transactions fall through. And so the government will be consulting estate agents, solicitors, as well as buyers and sellers to find out how best to speed up the process and cut costs for households. I think you can use technology to gather as much information about the proposed sale, about the proposed property, to be co
And welcome to bbc news. A senior cabinet minister has said the government should consider borrowing money to invest in hundreds of thousands of new homes. The secretary of state for communities and local government, sajid javid, said ministers should take advantage of record low Interest Rates to deal with the housing crisis. Speaking on the andrew marr show, mrjavid said he was sure the forthcoming budget would have announcements that would cover housing. What i want to do is make sure we are using everything we have available to deal with the housing crisis, and where that means, for example, that we can sensibly borrow more to invest in infrastructure leading to more housing, take advantage of record low Interest Rates that we have, i think we should consider that. That is interesting, because it is a change in tone. Not long ago, we were told we could not borrow more for anything, but you say housing is such a big infrastructure crisis in the country that we should borrow more to
And welcome to bbc news. A senior cabinet minister has said the government should consider borrowing money to invest in hundreds of thousands of new homes. The secretary of state for communities and local government, sajid javid, said ministers should take advantage of record low Interest Rates to deal with the housing crisis. Speaking on the Andrew Marr Show, mrjavid said he was sure the forthcoming budget would have announcements that would cover housing. What i want to do is make sure were using everything we have available to deal with this housing crisis, and where that means, for example, that we can sensibly borrow more to invest in infrastructure leading to more housing, take advantage of record low Interest Rates that we have, i think we should consider that. Thats interesting, because it is a change in tone. Not long ago, we were told we could not borrow more for anything, but you say housing is such a big infrastructure crisis in the country that we should borrow more to sol