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Transcripts For BBCNEWS BBC News 20240714

President trump has long promised this border wall. He went to rally after rally, even before he was elected president , and promised he would build a barrier between mexico and america to tackle the problem of illegal immigration and there has been a long battle between President Trump and his political opponents over how to fund that. Inside congress, democrats have repeatedly blocked his attempts to get money specifically for the wall earlier this year he declared a National Emergency, arguing that there was a crisis in americas southern border because of a number of people trying to claim a silent and because it illegal immigration and he argued because of that National Emergency, he should be allowed to redirect funds from other government departments. For example, the department of defence, in order to pay for the wall. A court had argued, and had decided that it was going to put in place an injunction because it felt it that stage, it wasnt appropriate for it to do it and part o

Transcripts For BBCNEWS Newsday 20171220

Its 8am in singapore, midnight in london and 7pm in washington, where donald trump can celebrate perhaps the biggest victory of his presidency so far. Well, sort of. The house of representatives has passed a Major Overhaul of the nations tax laws. It includes steep cuts for the wealthy. The senate is expected to vote shortly. A last minute glitch could mean lawmakers having to vote again though its not expected to change the outcome. Republicans are celebrating. 227 and the no, 203, it is adopted. It is laid upon the table today we raise taxes on 86 million middle class families. 86 million middle class families. 86 million middle class families. 86 million middle class families. 83 of the tax cuts to the wealthiest 1 . Well donald trump has welcomed the house vote on social media. He tweeted his congratulations to what he said were the great republicans who had voted to cut taxes for americans. I asked our correspondent in washington, david willis, to run through what the president s

Transcripts For BBCNEWS Newsday 20171220

This is bbc world news its newsday. Good morning. Its 9am in singapore, 1am in london and 8pm in washington, where donald trump can celebrate perhaps the biggest victory of his presidency so far. Well, sort of. The house of representatives has passed a Major Overhaul of the nations tax laws. It includes steep cuts for the wealthy. The senate has still to vote that could happen in the next few hours. But a last minute procedural hitch with the bills passage could mean lawmakers having to vote again on wednesday, though its not expected to change the outcome. This was the moment when the bill passed the lower house the first time round on tuesday. The wire and our 227 and the nays are 223. The yays are 227. Today this raises taxes on 86 million middle class families. Hands 83 of the tax cuts to the wealthiest 1 . Well, donald trump has welcomed the house vote on social media. He tweeted his congratulations to what he said were the great republicans who had voted to cut taxes for american

Transcripts For KYW CBS Overnight News 20171220

Are affected by mental illness. Together we can help them with three simple words. My name is chris noth and i will listen. The only thing better than playing a hero in the movies, is being a hero in real life. Like the 50,000 veterans who returned from iraq and afghanistan with devastating injuries. They are true heroes. And theyre why im proud to support paralyzed veterans of america. They make sure veterans with spinal cord injuries get the care and support they need at no cost to them. To learn more, visit pva. Org. Thats pva dot org. Far too many young women around the globe lack crucial medical care, access to education, and a safe place to call home. They need to be empowered and supported. Learn how you can help at girlup. Org. Now to the tax bill. The first overhaul of the u. S. Tax code in decades has passed the republican controlled house and senate. Largely along party lines. Here is chief Congressional Correspondent nancy cordes. Without objection the motion to rekid is la

Transcripts For KPIX CBS Overnight News 20171220

Have a larger amount than that. The existing loans that are in place right now, will be grandfathered in. There are other impacts on homeowners as well . There are big changes to how the treatment of home equity lines and home equity loans are going to be handled in the future. Right now you can deduct interest on that. So, going forward, you will not be able to do that. For both existing and new loans. Now this is important, because, i think many homeowners use these as life lines, used to pay down credit card debt, maybe a tuition payment, emergency in your home. Theyre low interest alternatives to sort of have this Emergency Reserve Fund available. A lot wondering how this may affect real estate markets . Talk to experts. A minimal amount up to a 10 hit on prices. And, heres why. With the near doubling of the standard deduction and this limit on state, local and property taxes, some folks are going to sit on the sidelines wait to see what happens. That is happening at a time where w

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