Shery hello and welcome to daybreak asia coming down to asias major market opens. Haidi australia open for trade. Israel and hamas trade lame after a deadly explosion at a gaza hospital. President bidens summit is canceled. Asian stocks are set for mild gains and traders are awaiting thirdquarter gdp and monthly activity read nvidia warns of tighter u. S. Restrictions on ship sales to china. Lets get you to the start of trading in australia as sydney trade comes online. Again of 4 10 of 1 , particularly watching some of these minerals names. The haven deal to buy coal from mines operated by bhp, two names to watch as they come online. Modest upside in the first few minutes of trading. Watching the aussie dollar which saw a bump up when it comes to hawkish buyers. The low tolerance, inflation returning to targets. Michelle bullock speaking at a panel saying the Housing Market has surprised her amid the Inflation Expectations that the Global Economic paradigm that has not changed since t
And residents or u. S. Interests, those interests are clearly impacted by the behavior of other countries. And the u. S. Tax base can be eroded not only by the behaviors of multinationals but by behavior of other governments. Thank you and thank you for the opportunity. Good to be here, don, thank you very much for this opportunity to speak about policy and reform. It seems to me ive seen this movie before, however. We all love to sit around and talk about policy. I will get to policy in a second. Let me just say while we talk about policy, our tax system is being slowly eroded at the level of administration. Doesnt matter what the rules are if you dont have people to enforce them. If you just take a wink, a quick look at whats happening to the intern Internal Revenue service, you would realize it doesnt matter what the rules are. Weve lost so many people the enforcement capability is diminished. Unless that gets rectified. Who cares about tax reform if we dont have a tax system. Sayin
In how we can reduce the prison population without increasing the risk to our communities and also thoughts on how we can look out for the safety of our prison guard population. Where they themselves dont feel that they are captive by the prisoners. You bring up a compassionate situation. We welcome your insights. I think evidence shows that if you committed murder you are not likely to commit murder after 65 but if youre a sexual predator you could be out on that playground once again. We welcome your insights on how we can work constructively evidencebased conceptual thinking and your own experience because you bring the experience of a longitude from enforcement to sentencing and inspector general. We really appreciate your service but im going to ask the staff on both sides of the aisle because this has been raised by other members so this is not a party thing. This is a committee thing, to meet with our staff on how we can implement working with the attorney general of prison refo
Holding hearings on fixing a broken tax code and building a new system that works in todays Global Digital economy. On tuesday we are going to have a hearing on how to protect taxpayers from incompetent and fraudulent repairs. Now there are other issues like Identity Theft and taxpayers rights that we will have to examine. Senators nelson and harden have put a lot of time and effort into solving these challenges in this committee will need to take a hard look at the issues surrounding multiemployer Pension Plans in order to protect americans hardearned benefits. This bill takes a first step and i intend to work with my colleagues to do more. Today we have got to belmont shortterm needs with longterm goals in the bill before us today does that. Senator hatch and i agreed to start trimming, to start reconfiguring the overgrown extenders. After president reagan signed the 1986 Tax Reform Act into law there were only 14 provisions they carried expiration states so we have got a lot of heav
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