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Working with our Cable Partners as we explore america. House republicans yesterday unveiled their tax proposal. Among the changes, reducing the number of tax brackets, cutting tack rates on corporation and limiting the mortgage to loans of 500,000 or less. It also caps local and state property tax reductions at 10,000 while increasing the child tax credit. The bill would no longer allow medical expenses or property loss to be deducted. If youd like to read the republicans bill go to cspan. Org congress and that will take you to your congressional page. This coming monday the house ways and Means Committee will start its consideration of the bill. It starts at 12 00 eastern. Cspan. Where history unfolds daily. In 1979 cspan was created as a Public Service by americas capable television companies. And is brought to you to ....
Up next, testimony on energy and infrastructure, including rebuilding efforts in florida, texas, and the caribbean, after major storms. And recommendations to improve Recovery Efforts after future national disasters. A House Energy Subcommittee heard from the public and private sectors. Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto ri ....
Share this article Share this article WASHINGTON, Feb. 18, 2021 /PRNewswire/ With millions of Texas suffering from energy blackouts due to extreme winter weather, Energy Fairness Executive Director Paul Griffin explains the state s 20 year plus experiment with deregulated power markets is the culprit for the state s dire energy crunch: We fear many observers may have missed the real point. It wasn t an electricity source that failed customers in Texas s mostly deregulated marketplace. It was an electricity system. That s because while regulated electricity markets are designed to serve customers, deregulated electricity markets are made to serve power providers. The Texas experiment with electricity deregulation has been a long one, dating back to 2002. The system is far from simple. Unlike large, centrally-controlled utilities in a regulated market, electricity in Texas is generated by more than 650 different power plants owned by various companies or ju ....