We will come to order. Oury, we will consider consideration of the tax cuts and jobs act. Promised, wes delivered to members a modification that we will incorporate this morning. After that, all we will walk through the modification. Members will get an opportunity to discuss and ask questions about the modification. Once that is complete, it will be open for amendment. I want to thank my fellow committee members. Include a number of their amendments in the modification in the mark. I think the market will be better for it. Process,outset of this producing this legislation has been a group effort. I want to thank all of you for your hard work. Lets talk about the modifications. These are not see changes. The core remains the same. Complaints that the walkthrough was a waste of time were misplaced. One modification of the initial mark which will benefit american is a greater expansion of the Child Tax Credit. Bring it to 2000 per child. In addition, we will lower tax rates even lower th
Meeting will come to order. Today we will consider we will continue our consideration of the chairmans mark for the tax cuts and jobs act. Last night, as promised, we delivered to members a modification that we will incorporate into the mark this morning. After that, we will walk through the modification and members will get an opportunity to discuss and ask questions about the modification. Once that process is complete, the mark as modified will be open for amendment. Before we take these next steps, i would like to make a few initial comments, however. I want to thank my fellow committee members. We were able to include a number of their amendments in the modification and the mark, and well be i think the mark will be better for it. From the out set of this process, producing this legislation has been a group effort, as i have been joined and more than ably assisted by the majority members of the committee. I want to thank them and their staffs for the hours, days, and weeks of hard