Defense. We believe in a National Parks system. The National Institutes of health and science. We want to make sure our infrastructure is sound and secure all across the nation, but by the same token, since its introduction in 1913 as part of the irs code, as joe pointed out and in, states like ours the northeast and on the west coast, as you can see from that alwayss slide, have taken care of their own as well, by making sure that we are funding education, making sure we are funding our own Transportation System and investing in our hospital and Health Care Systems within the state. Because of that, the irs has always granted what is commonly referred to as the salt deduction or state and local , as theyich, of course said back in 1913, would otherwise result in double taxation. So the burden becomes double in terms of the fact that we are both sending more to the federal government then we are getting the connecticut General Assembly and governor malloy would like to see the 8 billio
The recently passed tax reform bill and new provisions affecting connecticut taxpayers. This is two hours. Is two hours. You ready . To try that again, that afternoon. Always a pleasure and a delight forums,educational particularly with my two favorite congressman, who i will introduce to you. Not that they really need an introduction. Congressman larson represents connecticuts First District, and is in his tent term. He is on the house ways and , and on aittee committee for Social Security is the ranking member. As as proven himself staunch advocate for working andlies, manufacturing Common Sense Solutions for problems that we face every day. And of course, congressman joe courtney, reduced to be our regional on our regional inisory council, was elected 2006 to represent the second district. He serves on the armed forces and education and workforce committees, and cochairs the congressional shipbuilding caucus and is a member of the , serves onommittee the Pensions Committee as well a
Something you heard from me over and over again. There is not such thing as 100 security. No matter how good you are and you are good. And no matter how good the first two rose here are, good and they are good. Something could happen somewhere so, my question is, what are you doing to prepare america for the day after a possible attack . Well, i have a lot of faith in this country. I mean we, we have agencies, systems in place for emergency response, for disaster response. Ii have a lot of faith in the character and culture of this nation. And how we respond to crises. I think it is no accident that, twice i think i think i got it right. Twice as many people ran in the Boston Marathon this year as last year, in light of what happened in 2013. I was there on the finish line and it was a remarkable experience to be at the Boston Marathon in 2014 after the tragedy of 2013. I was in manhattan on 9 11 and i was in manhattan in the days after 9 11 and in the new york area to see people who,
Growth reflects a widely held view that the economy is still returning to the full utilization of its resources. Several factors are supporting this growth. Fiscal policy has shifted to a generally neutral stance, aided by the ryanmarie agreement reached at the end of 2013. If Congress Continues to act without harmful austerity, fiscal policy will continue to be conducive to strong growth. Consumer spending has picked up, reflecting savings from a recent drop in energy prices, the ongoing improvement in household finances, and increased economic optimism. There is continued room for growth in business and residential investment. The slowdown in growth for many of our key trading partners is however, a headwind for the u. S. Economy and a Downside Risk to the nearterm or cast. The later years of the forecast window, we assume that the rate converges to the two point 3 rate of potential gdp growth. This matches the latest forecast by the bluechip panel and is generally in line with recen
And make sure we make the investments we need to make america safe and growing and make sure everybody is participating, and a matter what they look like, where they come from, where they started, they have a chance to get ahead in this great country. That is what i believe, that is what you believe. Lets get it done. Thank you, and god bless you. God bless the United States of america. One of the budget issues that will be debated in the Republicancontrolled Congress is spending for Homeland Security. And whether or not to try and block the executive order on immigration. We spoke with a capitol Hill Reporter for some background. Nancy of men of it joins us ognanovich joins us. President obama released his Budget Proposal for 2016. Congress is still working on 2015. Why . Last december, there was resistance from some parts of the House Republican conference to include the Homeland Security bill in the omnibus package. Some credit critics thought by hop holding back Homeland Security o