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CSPAN Aaron Lorenzo On Tax Reform November 3, 2017

Proposal. Host House Republicans unveiled their tax reform bill. Were joined by Aaron Lorenzo for politico pro, this has been a priority of speaker ryan and the ways and means chair, kevin brady. How did this tax reform bill come about . What was the process like . Guest well, its been a busy year on the committee and with leadership. They have also coordinated with their Senate Counterparts and officials from the white house. President donald trump is involved in trying to drive this toward a finish line. Like i said, its been a busy year on the tax front. To be honest, its been many years in the making. When President Trump was elected, i think the republican members of congress saw this as an opportunity to try to really drive things this year, 2017. Host ....

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CSPAN Presidential Adviser Gary Cohn On Tax Reform November 3, 2017

Announcer President Trump director gary cohn outlined the tax reform bill earlier today. He spoke for about one hour. Garrett will have to leave, go back to the white house, and then i will make my scintillating announcements about everything and the main course will be served then. Let me first introduce you. Y is assistant to the went to American University. Subsequently worked briefly at u. S. Steel. Then it Goldman Sachs in 1990. Became a partner in 1994 and rose up to be the head of the commodities position. And cohead of the Global Securities division. And then ultimately in 2006 became the president and chief operating officer and director. And he is on a tight schedule, so im going to start right now. Thank you for doing this. Im just wondering how m ....

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CSPAN Aaron Lorenzo On Tax Reform November 3, 2017

Involved in trying to drive this toward a finish line. Like i said its been a busy year on the tax front. To be honest its been many years in the making. When President Trump was elected, i think the republican members of congress saw this as an opportunity to try to really drive things this year, 2017. Host we have linked to the bill in our congressional chronicle. A couple of highlights. It would reduce the number of the top staying at 39. 6 . It reduces the top Corporate Tax rate from 35 to 20 . Limits mortgage interest debucs deductions for loans of 500,000 or less. It would roughly double the individual and family standard deductions but cap state and local property Tax Deductions at 10,000, increasing the Child Tax Credit from 1,000 to 1,600 per child and no ....

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CSPAN President Announces Federal Reserve Chair Pick November 3, 2017

I am pleased to welcome members of the cabinet, members of congress and distinguished guests to the white house rose garden this afternoon. Also, i want to welcome the chairman of the Senate Banking committee, who has done an incredible job, mike crapo. Where is mike . Please, mike. Great job. Appreciate it. [applause] pres. Trump as president , there are few decisions more important than nominating leaders of integrity and good judgment to hold trusted positions in public office. Few of those trusted positions are more important than the chairman of the Federal Reserve. Accordingly, it is my pleasure and honor to announce my nomination of Jerome Powell to be the next chairman of the Federal Reserve. Congratulations. Mr. Powell thank you. [applause] pres. Trump he ....

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CSPAN Aaron Lorenzo On Tax Reform November 3, 2017

Toward a finish line. Like i said, it has been a busy year on the tax front. To be honest, it has been many years in the making. When President Trump was elected, i think the republican members of congress saw this as an opportunity to try to really drive things this year, 2017. Host we have linked to the 429page bill in our congressional chronicle. Just a couple highlights. It would reduce the number of individual tax brackets, reduces the top Corporate Tax rate from 35 to 20 . Limiting mortgage interest deductions to loans of 500,000 or less. It would roughly double the individual and family standard deductions, but it would also cap state and local property Tax Deductions at 10,000, increasing the Child Tax Credit from 1000 to 1600 per child, and no longer allo ....

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