Ryan Abraham News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Ryan abraham. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Ryan Abraham Today - Breaking & Trending Today
Understand how much of a hole its going to blow into the Housing Production but i expect that there are other unintended consequences by twhesm just found out last night that wind and solar will also have the same issue in being impacted by this. I hope we can adopt my amendment and fecks this. I hope we can slow down and understand this important part of our tax code. Thank you, mr. Chairman. Senator grassley. Mr. Chairman, members of the committee, im not going to vote for this amendment but i do appreciate that she brings up an issue that we better be very, very certain about, not only because of low Income Housing but also because of Renewable Energy and she mentioned wind and solar, something that should not be touched, and it is hurt very badly in the house bill. Shouldnt be tutched by any of this stuff. We m ....
I appreciate members participation during yesterdays igs session. I was glad to hear everys initial thoughts. However, a number of issues were raised yesterday that in my view warrant some additional responses. First at characterization of the bill as a massive tax cut for the rich that particular claim was repeated by almost every minority member of this committee. The problem with that claim is that its just not true. The joint committee on taxation a nonpartisan congressional scorekeeper has concluded not only does the bill maintain the current level of progressivity in the tax code but the largest tax cuts in terms of percentage of income will go to middle income earners. I understand that the districtsal analysis is inconvenient for the democrats who are committed to the narrative that republicans intend to give the socalled rich a huge tax cut. But jcts analysis shouldnt be ignored altogether. Secondly, there was the repeated claim supposedly placed on jct analysis that the bill ....
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 ....