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Captioning sponsored by cbs this is the cbs evening news with jeff glor. Glor good evening. It is looking more like the president will get his christmas wish, a tax cut bill. Republican leaders today rolled out the final version of their plan. They expect the house to vote on tuesday followed by the senate. Key g. O. P. Holdouts fell in line today, and nancy cordes is on capitol hill. We have delivered for the american people. Reporter the bill republicans filed tonight reflects months of haggling and decades of g. O. P. Yearning for deep tax cuts. The final plan retains seven personal tax brackets, though the rates would drop for almost everyone. A family making 75,000 a year would see its marginal rate go from 15 to 12. With so much at stake, the bills authors were tightlipped until the very end on what was in and what was out. What has happened to the Child Tax Credit . Im not going to comment on the content of the bill. Repo ....
Bill. Captioning sponsored by cbs this is the cbs evening news with jeff glor. Tax credit . Im not going to comment on the content of the bill. Reporter Republican Leaders made an 11thhour change to secure the support of two g. O. P. Senators. They boosted the refundable portion of a new supersized Child Tax Credit to 1400, meaning lowincome parents pocket that cash, even if they dont owe taxes. Another holdout, tennessees bob corker, set aside his concerns about want bills cost calling it a onceinageneration opportunity to make u. S. Businesses more product and i have competitive. The bill slashes the Corporate Tax rate permanently from 35 to 21 . Most of the personal tax cuts would expire in 2025. I do predict both the house and senate will approve this tax reform bill. Hey, guys, how are you . Reporter but its st ....
Nay, kim aye, peskin aye, ronen aye, safai nay, sheehy aye, tang nay, yee gentoo breed nay there are four twin one and 710 to nay. Okay. The motion fails. [gavel] with that would someone like to make an alternative motion . Supervisor tending thank you ill make a motion to move forward item 14 and file item 15 and 16. Supervisor tang has made a motion to approve item 14 and table 15 and six and is there a second . Seconded by supervisor farrell. Mme. Clerk, on the motion, please, roll call cohen aye farrell aye fewer aye kim nay peskin nay ronen nay safai aye sheehy nay, tang aye yee aye breed aye. There are seven aye and for nay. Item 14 is approved and i am 15 in 16 our table. [gavel] mme. Clerk lets go to item 22 yes. Item 22 is a resolution to urge the office of the treas. And Tax Collector to convene a Municipal Public Bank task force to increase transparency and e ....
[gavel] please call us because buell here, low here, anderson here, bonilla here, harrison here, mcdonnell here. So ever since we we would ask if you have any Electronic Devices you please, turn those off so they do not go off during the meeting. That you take any secondary conversations you may have outside. If you would like to speak on an item today we request that you complete a blue card unless otherwise announced by the president each person will have three minutes for Public Comment on each item. If there is an item of interest thats not on the agenda and is under the subject matter jurisdiction of the commission you may speak under general Public Comment and that is item before and then continued on item 7. When you address comments to the commission, please in order to allow equal time for all the commission ....
[gavel] please call us because buell here, low here, anderson here, bonilla here, harrison here, mcdonnell here. So ever since we we would ask if you have any Electronic Devices you please, turn those off so they do not go off during the meeting. That you take any secondary conversations you may have outside. If you would like to speak on an item today we request that you complete a blue card unless otherwise announced by the president each person will have three minutes for Public Comment on each item. If there is an item of interest thats not on the agenda and is under the subject matter jurisdiction of the commission you may speak under general Public Comment and that is item before and then continued on item 7. When you address comments to the commission, please in order to allow equal time for all the commission ....