35 Burst results for "Senate Finance Committee"

"senate finance committee" Discussed on KOMO

KOMO

04:05 min | 3 months ago

"senate finance committee" Discussed on KOMO

"Plant contributed to the problem plaguing so many parents right now ABC's Catherine faulters joins us from Capitol Hill and what are they looking at exactly Catherine Yeah well so this comes from the top Democrat on the Senate finance committee Ron white and launching his investigation with the tax practices He wants to know what in this letter that we wrote to the chairman of abbot Robert Ford He says he's seeking more information about quote the methods employed dynamic to pay a stunningly low effective tax rate He wants to know how much of Abbott's funds were used to attempt to prevent events like this plant closure earlier this year So looking at the money launching an investigation to get to the bottom of what money was used Where and what funds were used to prevent something like this from happening And look that comes hand in hand with the votes over the house side today where I am for the house is set to vote on this bill that would make it easier for recipients of the federal nutrition program to use their benefits to purchase baby formula And then there's another vote scheduled on Thursday to boost funding for the Food and Drug Administration to support baby formula regulators and boost agency inspection staff in response to that plant closure And the house today also held a hearing on abortion access as we're all waiting to hear what the final Supreme Court decision is and on Capitol Hill It included some personal statements by one member of Congress congresswoman Cori Bush of Missouri talking about how she was raped at the age of 17 and found out she was pregnant Without the protections afforded to me by roe V wade I would not I would have been forced to birth a human being that I could not take care of and the father would have been my rapist Yeah that was emotional sound over there by Cori Bush and the chairman of the committee and asked you to share many gearing and echoed the fact that it should have a choice here and you heard that from Cory bush and this comes as we await a decision from the Supreme Court and will be wade and whether you overturn it or not So look the committee was having experts come testify about this Wanting to draw attention to an issue that they say is a form of weight is overturned one of the most important in American history ABC's Catherine fault is joining us from Capitol Hill Thank you Catherine Police in tuck Willis say emphasis patrols appear to be working The end of park west area between tuckwell Parkway and strander boulevard has been problematic with thefts blatant narcotic use and erratic behavior of those under the influence to combat the problem emphasis patrols were implemented and so far officers have made multiple arrests and have seized narcotics packaged for individual use or distribution Firearms and ammunition of also been seized along with thousands of dollars worth of merchandise stolen as part of shoplift for profit thefts Police now report fewer thefts and a decrease in discarded drug paraphernalia they will continue to monitor the area and keep the patrol presence Northwest news radio One of the teens charged in the murder of a Tacoma pot shop worker has had his trial date pushed back to next year 16 year old Montreal Hatfield is accused by prosecutors of shooting and killing Jordan Brown at world of weed back in March Hatfield's trial date was originally set for June he also faces charges related to several violent robberies in king and pierce counties Northwest news time now 6 40 we text sports and Bill Schwartz at the Beacon plumbing sports desk too we cleared to play in tonight's important storm basketball game Stewie is the WNBA Finals MVP breanna Stewart forced into the league's COVID-19 health and safety protocol and missing the last two Seattle games both losses Stewart this afternoon was cleared She's active when the storm take the floor at 7 o'clock at climate pledge arena against the defending champion Chicago sky The Mariners are trying to avoid a blue Jay sweep in Toronto So far so good Marco Gonzalez worked 6 solid innings of one run ball Cal Raleigh gave Seattle the lead with a 5th inning solo shot and in the 7th France went deep in Canada.

Cori Bush Catherine faulters Senate finance committee abbot Robert Ford Capitol Hill roe V wade Ron white ABC Cory bush Catherine fault Supreme Court Catherine Police tuck Willis Abbott Food and Drug Administration Missouri Montreal Hatfield wade Congress Jordan Brown
"senate finance committee" Discussed on WTOP

WTOP

02:10 min | 5 months ago

"senate finance committee" Discussed on WTOP

"Means committee and the Senate finance committee announcing an agreement that would not only ban fuel imports from Russia but would suspend trade with Russia and Belarus which of course is an ally of Moscow and it would allow the president to raise tariffs on Russian imports Democrats and Republicans seem to be moving ahead in this direction toward a bipartisan agreement The number two Democrat in the Senate dick Durbin now supports an import ban and House speaker Nancy Pelosi does as well It's possible to vote on legislation could come as early as Tuesday in the House since lawmakers have party retreats later in the week The White House initially opposed an import ban but it does seem that its position is softening here That's right John The White House is walking a proverbial political tightrope on this issue as you know Initially the administration indicated it would oppose the ban but as support has grown here on Capitol Hill That's been changing White House press secretary Jen Psaki said that no final decision has been made but most there continues to be discussions within the administration and with the European allies We remain in contact and discussion with members of Congress We are looking at options we could take right now to cut U.S. consumption of Russian energy but we are very focused on minimizing the impact of families And of course that is a big concern here in D.C. and across the country with gas prices also since Europe gets close to a third of its oil from Russia while the U.S. only imports a fraction of its oil from Russia It's also possible the U.S. would impose a ban while European countries would not What about the billions of dollars in aid for Ukraine Is that likely to get past any time soon Well Congress really wants to pass close to $10 billion in military and humanitarian assistance But as with almost anything involving Congress it gets complicated The White House wants to also pass 22 and a half $1 billion in COVID funding that would include more research for among other things vaccinations involving children Some Republicans oppose that And if the Ukrainian aid remains in the overall budget bill a lot of issues need to be worked out this week a group of Republican lawmakers threatening to hold up the omnibus legislation Unless they get a vote on an amendment that would get rid of vaccine mandates for the military and others keep in mind that government.

Senate finance committee Russia White House Jen Psaki dick Durbin Belarus Nancy Pelosi Moscow House Congress U.S. Capitol Hill Senate COVID John D.C. Ukraine Europe
"senate finance committee" Discussed on WTOP

WTOP

02:11 min | 5 months ago

"senate finance committee" Discussed on WTOP

"Ways and means committee and the Senate finance committee announcing an agreement that would not only ban fuel imports from Russia but would suspend trade with Russia and Belarus which of course is an ally of Moscow and it would allow the president to raise tariffs on Russian imports Democrats and Republicans seem to be moving ahead in this direction toward a bipartisan agreement The number two Democrat in the Senate dick Durbin now supports an import ban at House speaker Nancy Pelosi does as well It's possible a vote on legislation could come as early as Tuesday in the House since lawmakers have party retreats later in the week The White House initially opposed an import ban but it does seem that its position is softening here That's right Sean The White House is walking a proverbial political tightrope on this issue as you know Initially the administration indicated it would oppose the ban but as support has grown here on Capitol Hill that's been changing White House press secretary Jen Psaki said that no final decision has been made but most there continues to be discussions within the administration and with the European allies We remain in contact and discussion with members of Congress We are looking at options we could take right now to cut U.S. consumption of Russian energy but we are very focused on minimizing the impact of families And of course that is a big concern here in D.C. and across the country with gas prices also since Europe gets close to a third of its oil from Russia while the U.S. only imports a fraction of its oil from Russia It's also possible the U.S. would impose a ban while European countries would not Niche what about the billions of dollars in aid for Ukraine Is that likely to get past any time soon Well Congress really wants to pass close to $10 billion in military and humanitarian assistance but as with almost anything involving Congress it gets complicated The White House wants to also pass 22 and a half $1 billion in COVID funding that would include more research for among other things vaccinations involving children some Republicans oppose that And if the Ukrainian aid remains in the overall budget bill a lot of issues need to be worked out this week a group of Republican lawmakers threatening to hold up the omnibus legislation Unless they get a vote on an amendment that would get rid of vaccine mandates for the military and others keep in mind that government funding.

Senate finance committee Russia White House Jen Psaki Ways and means committee dick Durbin Belarus Nancy Pelosi Moscow House Congress U.S. Capitol Hill Senate Sean COVID D.C. Ukraine
"senate finance committee" Discussed on WTOP

WTOP

02:19 min | 6 months ago

"senate finance committee" Discussed on WTOP

"Lymphoma society WTO 1235 we are all dealing with rising prices from the grocery store to the gas pump Is there any relief in sight Mitchell Miller is on Capitol Hill Gas prices are up 40% from a year ago and that's similar for used cars Senate minority leader Mitch McConnell says grocery prices keep going up as well The cost of essentials That's absolutely exploded since Washington Democrats took power But Virginia democratic senator Tim kaine believes an easing of COVID cases in the coming months will bring some relief I think that's going to help us on the inflation side because I think the supply chain will reorient as we are moving now more back to normal Still with surging economic growth and lingering supply chain issues economists don't expect prices to come down in the immediate future On Capitol Hill Mitchell Miller WTO news In Virginia tax relief is a priority for governor Glen yunkin so far the Commonwealth's new leader is seeing some wins and some losses We will give virginians tax relief That was governor jankins promise after he took office but he's not getting everything he wants the Senate finance committee voted to kill his plan that called for reducing the state's gas tax for 12 months On the grocery tax There is bipartisan support for eliminating the grocery tax That has come to fruition at least partially The committee voted for a compromise that would repeal two parts of the tax 1% that the state collects and gives to local school systems and .5% that goes to transportation funding but it would not repeal the 1% that goes directly to local governments Nikki and Ellie doubled news coming up on WTO An African American army vet is helping underserved kids build careers in the military I'm Melissa Howell Traffic and weather next is 1237 A while back we at American Eagle dot com were asked to build the ecommerce site of a major candy distributor With the need for a website that could take into account everything from shipping times to local weather because you know candy melts the task was not like taking candy from a baby Fortunately we live for a good digital challenge And free Bon bons So we got to work on a slew of complex integrations including a shipping algorithm that factored in variables like distance speed and location The website even let the end customer personalize their candy for special events.

Mitchell Miller Lymphoma society WTO senator Tim kaine COVID Glen yunkin governor jankins Senate finance committee Mitch McConnell Virginia Capitol Hill Senate African American army Melissa Howell Washington Ellie Nikki
Nancy Pelosi, the 6th Wealthiest Member of Congress, Is Upset About Tax Hikes?

Mark Levin

01:32 min | 9 months ago

Nancy Pelosi, the 6th Wealthiest Member of Congress, Is Upset About Tax Hikes?

"Nancy Pelosi grapes about the rich of course she's in the top one tenth of 1% Thanks to her connections for big dunning her husband Paul Pelosi or WP Whereas we like to call pee pee From the New York Post guess this was one tax hike that hit too close to home for an anti Pelosi The Speaker of the House This reportedly the 6th wealthiest member of Congress at over $100 million Took issue lately last month with plans by fellow Democrats to levy attacks on unrealized capital gains to help pay for Biden's mass of 1.75 trillion social spending bill according to a report And by the way I opposed this too But she acts in self interest and she's done it before Remember the credit card companies and so forth She's the one In my view who should be in prison She and Hillary can wear the same orange jumpsuits you know pass them among themselves They California Democrat reportedly described the wealth tax as a publicity stunt A senior Democrat aide told the post that Pelosi's reservations which were first reported by the Washington compost were due to the fact that the Senate finance committee chair Ron wyden who's a nut by the way had not finalized legislation for the billionaire attacks by the time The White House was to submit an updated framework for the social spending plan Pelosi was one of several House Democrats to take issue with the billionaire tax So called because it is meant to affect around 750 the wealthiest

Paul Pelosi The New York Post Pelosi Dunning Nancy Pelosi Biden Congress Senate Finance Committee House Hillary Ron Wyden California Washington White House
"senate finance committee" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:33 min | 10 months ago

"senate finance committee" Discussed on Bloomberg Radio New York

"Of the day Yeah and of course the song of the day as well as the stock of the day happening and it just a couple of minutes In the meantime a check on the trading day here's Charlie pellet I choppy and fast moving here's what's going on We've got the Dow The S&P lower NASDAQ are right to the numbers we did see the NASDAQ 100 index at a record not anymore It is still higher but no record there are 5 tenths of 1% NASDAQ composite index up 43 up by three tenths of 1% S&P on the minus side moving lower by 12 bouncing off the lows of the day but down now by three tenths of 1% the Dow tumbling a 194 points down 5 tenths of 1% key takeaway it is earnings that are tech earnings that are driving NASDAQ higher We've got right now the ten year yield 1.53% tenure of 2030 seconds spot gold of one tenth of 1% of two 75 ounce of 1795 West Texas intermediate crude down 2.9% 82 23 for a barrel of WTI A decline in commodity prices also weighing on markets West Texas intermediate down 2.9% 82 22 a barrel The proposal to tax the assets of billionaires is not dead That according to Senate finance committee chairman Ron wyden earlier today house weighs a means committee chairman Richard Neal said the proposal is now out of President Biden's economic agenda Former treasury secretary Steven Mnuchin says he is opposed to the introduction of new taxes and warned about the potential knock on effects of a proposed levy on the super wealthy and speaking with Bloomberg radio and television at the future initiative future investment initiative in Riyadh He also had this to say about the inflation outlook I think the problem with the billionaire taxes one it probably won't raise much money since a lot of this money will be given away to foundations so it won't be taxed The other issue is probably unconstitutional And the third issue is it creates very very bad incentives How do you catch public securities and not private securities Think about this It's a complete disincentive to grow your business And again that's the former treasure secretary Steven Mnuchin Boeing working with China's regulators to clear the 7 37 max to resume commercial flights in China by yearend after earnings Boeing shares lower by 1% And GM says it does expect the production snarling semiconductor shortage to last into next year a view that has weighed on its stock even after reporting better than expected earnings for the fourth a fourth the third quarter GM shares down now by 4.7% Recapping stocks lower with the S&P down ten a drop of two tenths of 1% I'm Charlie peloton That is a Bloomberg business flash Thank you Charlie pellet This is Bloomberg This 1994 All right I do This is TLC The song is waterfalls I had the album I had the compact disc when I was when I was I bet Tim danced around the room to this You know what Summer camp Big summer camp How old were you I think I was probably 11 Okay that's really sweet There you go Chili And tea boss T boss You have TLC Yep Impressive As it happens But you know TLC has a few other meanings to of.

Steven Mnuchin West Texas Senate finance committee Richard Neal President Biden future initiative future inves Ron wyden Bloomberg Boeing Riyadh treasury GM China Charlie pellet Summer camp Big summer camp
Treasury Secretary Janet Yellen Says Taxing 'Unrealized Capital Gains' Is a Possibility

The Charlie Kirk Show

01:43 min | 10 months ago

Treasury Secretary Janet Yellen Says Taxing 'Unrealized Capital Gains' Is a Possibility

"Treasury secretary Janet Yellen has just proposed something that is so beyond anything that we have seen in the tax realm, it is, it is something that deserves outrage and we need to contact our officials and we have to say this is a no go zone. I actually think even the most moderate Republican won't go for this. I really do. I think moderate Democrats as well. And this was kind of just like snuck in and of course, I think she's on CNBC, right? The charlatans on CNBC, of course, didn't say anything. The play cut three, I want you to listen to this. I totally understand if you don't really understand the implications of this. So I'll help you through it. But once you once you kind of see the whole picture, this is we've never had a tax proposal like this, not even Elizabeth Warren. Has proposed anything like this, play cut three. Senator wyden in the Senate finance committee have been looking at that would impose a tax on unrealized capital gains on liquid assets held by extremely wealthy individuals, billionaires. Unrealized capital gains. So what would that be? If your home appreciates $50,000 in value, you now have to pay the gains on that asset. Now, she says liquid assets, that's a bunch of nonsense. So if you make any money in the stock market and you don't sell that stock, she's now saying, no, you should still have to unrealized meaning you have not yet sold that you haven't yet liquidated. You haven't yet realized that game. Do you know how many unrealized gains people have? In every single capacity, you would have to take an inventory of your art of your clothes of every

Janet Yellen Cnbc Senator Wyden Senate Finance Committee Treasury Elizabeth Warren
Biden wants a $15 hourly federal minimum wage

CNBC's Fast Money

02:25 min | 1 year ago

Biden wants a $15 hourly federal minimum wage

"Start off with big news out of the white house. President biden rolling out a new plan to raise the federal minimum wage to at least fifteen dollars an hour but the move could have some major ripple effects on the us economy. We kick things off tonight with stablise men. Who's got the details steve. Melissa thanks sits. The first minimum wage was put in place in the eighteen nineties. The issue has been litigated as far as court studied in academic by academics to a fairly well and like now debated furiously by politicians emphasis channels as well here are some of the basic numbers total currently earning the minimum wage of seven and a quarter. One point. six million. That's about one percent of the workforce hostility by far nine hundred. Seventy seven thousand those folks in that business look. A lot of them are waiters and waitresses education. Health services is hundred and forty nine thousand and followed by retail trade and then of course the public sector where a bunch of folks make the minimum wage in there so far when researchers go looking for people losing their jobs from minimum wage hikes. They have trouble finding them. Treasury secretary nominee janet yellen says speaking before the senate finance committee said tuesday. There's now a large amount of economics literature on this and the findings of the job losses very minimal. If anything supporters also argue higher minimum wage will boost spending adding to growth and reduce the need for government aid to the employed. One researcher found a ten percent boost in the minimum wage. Mcgee gives you a one point. One percent boost every year in sales now opponents point to congressional budget office report that found raising the minimum to fifteen dollars would give some seventeen million americans raise but could cost her reduce jobs by one point three million. That's the median number about forty percent of workers to make fifteen dollars an hour so be a big boost a lot of folks. Those good workers and teenagers could be the most at risk for layoffs companies be motivated to raise prices cut hours and automate which they're motivated to do anyway. Opponents say strong economy and a tight labor market is the best way to raise wages. But that doesn't always work a couple of facts. Minimum wage has not kept pace with inflation. Wages overall have not kept pace with productivity and more employees have fewer places to work so they can go down and find out higher wage at another employer a higher minimum wage. It can help offset the lack of competition for labor in some areas. The question overall are more workers and therefore the broader economy better off at a higher minimum wage.

President Biden Janet Yellen Senate Finance Committee White House Melissa Steve Treasury Mcgee United States
"senate finance committee" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

05:30 min | 1 year ago

"senate finance committee" Discussed on WBZ NewsRadio 1030

"Senate Finance Committee has unanimously approved Janet Yellen's nomination to serve as secretary of the Treasury. More on that coming up in 20 seconds. Johnson and Johnson now expected to apply for emergency use authorization for its covert vaccine. This move expected in the coming weeks. All this coming is Italy prepares to file legal action against Fizer after delays and delivering pre orders of the vaccine to countries in Europe. 2 46. There's a chance. Another confirmation could come down the pike later on this afternoon for President Biden's Cabinet. Former Fed chair Janet Yellen expected to get that nod after clearing a big hurdle today for nomination as I just mentioned unanimously approved by the Senate Finance Committee, if she is confirmed here, she will be the first woman in American history to serve in that post. It was another member already confirmed today, and ABC is Karen Travers has more on that. The Senate has confirmed Lloyd Austin to be secretary of defense for the Biden administration, by a vote of 93 to 2, the retired Army general becomes the first African American to lead the Defense Department. Austin is the second by the nominee to be confirmed by the Senate. Averil Haynes was confirmed Wednesday night by a vote of 84 to 10 to serve as director of national intelligence. Another history making vote, Haynes will be the first woman to serve as the nation's top intelligence official. Karen Travers. ABC NEWS Washington also on the hill today, another move toward the start of the impeachment trial for former President Donald Trump. Senate Majority Leader Chuck Schumer broke the news. The articles will be delivered to the Senate on Monday and that will launch former President Trump's impeachment trial on a charge of inciting the insurrection of the U. S Capitol building that led to five deaths. A trial will be held in the United States Senate There will be a vote whether to convict the president. The schedule ahead is still uncertain. But we've learned the former president Trump is now assembling his defense team. Members of his past, legal teams have indicated they do not plan to work on this case. I'm Rita Fall way and a group of lawyers has filed an ethics complaint against the president's personal lawyer, Rudy Giuliani. Reason why from the A. P s my camp in the group Lawyers defending American Democracy, has filed a complaint with the Attorney Grievance Committee of the New York court system. Claiming Giuliani has violated the rules of professional conduct. The group wants Giuliani investigated and his law license suspended during the investigation for promoting former President Trump's false allegations about the 2020 election. Complaint calls for the committee to investigate. Giuliani's comments at a rally before writers stormed the U. S Capitol earlier this month and investigation would be the first step in a process that could lead to disbarment. I might happen now about 25,000. National Guard troops have been protecting the capital for days because of those threats against the inauguration about 15,000 of those troops are set to go home in the next few days about 10,000 that were staying for now yesterday to Capitol police sparked outrage all over the country by kicking those troops out of the Capitol complex. Telling them instead to go rest in a parking garage. That order was quickly rolled back as we hear from CBS is Catherine Herridge. Lawmakers expressed outrage on social media showing troops resting on the cement floors and columns. This is unconscionable and unsafe. Tweeted Republican Senator Tim Scott, Well Democratic senator and retired guard member Tammy Duckworth's tweeted, They can use my office. Just before midnight. Service members were permitted bank inside the capital to a designated area for their ship breaks. Several governors have already called their troops home because of this, including New Hampshire governor Chris Sununu. Also in New Hampshire to 49, a Concord police officer under arrest facing several charges, officials say those charges include domestic violence, witness tampering and second degree assault. Brian Croft is now accused of choking an intimate partner back in October, is also accused of slamming a door closed on the woman's arm on the same day, causing her to bruise. Prosecutors say over a several week period, he allegedly hit a baby monitor trying to impede the investigation, and prosecutors say he also apparently told the victim to delete video and photos from her phone. Croft is also accused of ordering the woman to lie to state police about the assault, telling her to say that nothing happened. And in Georgia police in Atlanta say a teenager there was able to steal about a million dollars from a Kroger supermarket over a period of about two weeks. 19 year old Trey Brown allegedly stole the cash by completing dozens of fake returns. Colin Flynn is a corporal with the Gwinnett County police amount of money that Mr Brown took was just excessive in this particular case and obviously to a large amount of attention to himself. Almost immediately s. Oh, it wasn't big the crime of the century by any means as far as being able to get away with it now, the returns ranging anywhere from $75 to at 1.87 grand At the time. Prosecutors say he used that stolen cash to buy guns, clothes and a couple of cars. It's 2 50. I am Charlie Ross with the WBZ ski report and skiers. They're still making snow, opening new trails and making all their slopes deeper and better watch you sit close to home, Pat speaking. King Pine, New Hampshire, moving in on 100% Day and night. Ragged Mountain with 30 Slopes will add a bunch of trails this weekend, and so will Bretton Woods, and they picked up 2 Ft of fresh snow since last week, and 45 trails covered 21 miles that includes Glades Tree skiing Saddleback main 15 inches since Saturday..

United States Senate president Donald Trump Senate Finance Committee Rudy Giuliani New Hampshire Janet Yellen President Biden Karen Travers Lloyd Austin Brian Croft secretary Averil Haynes Johnson Treasury Capitol complex ABC assault Italy
Senate confirms retired Gen. Lloyd Austin to lead Pentagon, making him nation's first Black secretary of defense

Dave Ramsey

00:25 sec | 1 year ago

Senate confirms retired Gen. Lloyd Austin to lead Pentagon, making him nation's first Black secretary of defense

"Both the House and Senate granted a waiver to defense secretary nominee retired Army General Lloyd Austin granting him eligibility for the post years earlier than normal. Richard can to ABC News It's worth, noting General Lloyd Austin will be the first black secretary of defense and U. S history. Also today, the Senate Finance Committee approved Janet Yellen's nomination as Treasury secretary. If confirmed, she would become the first woman to hold the

Army General Lloyd Austin General Lloyd Austin Senate Abc News Senate Finance Committee House Janet Yellen Richard Treasury
Yellen Approved for Treasury Chief by Senate Panel

Morning Edition

00:11 sec | 1 year ago

Yellen Approved for Treasury Chief by Senate Panel

"Janet Yellen is a step closer to becoming Treasury secretary and the Biden administration. Her nomination was approved this morning by the Senate Finance Committee. Yellen is a former chair of the Federal

Janet Yellen Biden Administration Treasury Senate Finance Committee Yellen
"senate finance committee" Discussed on C-SPAN Radio

C-SPAN Radio

08:13 min | 1 year ago

"senate finance committee" Discussed on C-SPAN Radio

"The world and it poses an existentially threat. It will be a focus of President elect Biden. His entire administration. Um, thean frustration chirp plan that President Biden will come forward with will, um, involved investing in clean tech. Knowledge, e renewable energy promoting the use of electric vehicles and in the process of addressing this very significant challenge. There's also the opportunity of creating good jobs in the process and that will be a benefit Treasury will cooperate by looking at ways that we can direct investment enable If it first to have the information they need to support sustainable investing. What one last question very quickly. The Wall Street Journal is reporting on a plan or your comments to affirm United States commitment to a market determined exchange rate. If you're confirmed, so obviously, Americans are interested in your thoughts on the dollar. Could you briefly outline for the committee? Your thoughts on the dollar? Thank you, sir. Why? I believe in this strong and equitable US economy that delivers good jobs with rising wages for all Americans maintaining confidence in the long term strength of the U. S economy. In the stability of the U. S financial system is good for America as well as our trading in investing partners. I look forward to working with Congress to make US economic recovery as strong as possible. I believe in market determines exchange race the value of the U. S. Dollar in other currencies should be determined by markets markets adjust to reach with variations and economic performance. In generally facilitated adjustments in the global economy. United States does not seek a weaker currency to gain competitive advantage, and we should oppose attempts by other countries to do so. Intentional targeting of change rates to gain commercial advantage is unacceptable. If confirmed, I will work to implement President elect the president of which promise to oppose any and all attempts by foreign countries toe artificially manipulate currency values. Gain an unfair advantage and trade. Treasury secretary nominee Janet Yellen testifying before the Senate Finance Committee on C SPAN, radio, WCS pfm Washington Thank you, Mr Murphy. I'm going to, uh, turn the gavel over to sender Crepeau. He'll be than experts and ask questions. Republicans have a rule that you can only be chairman of the Committee for six years. And so this could be the last hearing as chairman of the committee, and it's been a great pill, each to chair one of the most important committees in Congress. I first joined this committee 1981 during that 102nd Congress and became chairman briefly in 2001 before switching party man. Amber chip change the balance and then his chair did two times since Chairman Chuck Grassley continue to serve on this committee, of course, But leading this committee has been one of the highlights of my years in the Senate. Once the Senate organizes ranking member Whiten will become chairman. But as I turned the gavel over to senator Cripple, I know this committee will be wells in good hands of Senator Whitened, senator Cripple. Over the next two years. Thank you very much, Senator Grateful. Sorry. Thank you very much. Senator Grassley. I want to commend you really just stepped out of the room for his great service and pretty opportunity to serve under his leadership is the chairman. Uh, I'll just take a brief moment here to say Senator Wyden and I have worked together for years on a bipartisan basis and have built a lot of really big successes. But look forward to working with you, Senator Wyden as we move forward. Um and Dr Yellen, I appreciate your service. I've worked with you as well, as you know, we've when we discuss this a little while back, Uh, way, had a good working relationship while you were at the Fed and I look forward to developing and continuing that good working relationship as we move forward. My first question is going to be on tax policy Prior to the tax cuts and Jobs Act, the T. C. J. A. The United States had one of the highest corporate tax rates among developed countries. As a part of the TCG, a Congress lowered the corporate tax rate to ensure that our domestic businesses could remain globally competitive. But even now, the corporate tax rate in America is still the 11th highest among developed countries, according to the tax policy Center. As a result of the covert 19 pandemic. U. S companies are struggling to stay in business and to keep employees on payroll. President elect Biden's proposals include a significant increase in the corporate tax rate that would hit already vulnerable businesses and put US Cos once again at a strong competitive disadvantage with the rest of the world. What is your view of raising taxes on struggling businesses during the covert 19 pandemic? Well, thank you for that question, Senator Creeper when I too want to say that I have enjoyed my working relationship with you during my years at the Fed and look forward to a very productive working relationship going forward on the 2017 tax cuts. President has said that eventually as part of a larger package that would include significant spending and investment proposals, but not now, too well. The pandemic is really depressing the economy that you would want to repeal parts of the 2017 tax cuts. Benefited the highest income Americans and large companies, and he wants to reverse the laws and centers, offshore operations and profits. But he's been very clear that he does not support a complete repeal of the 2017 tax law. There are two some areas, though, that he would demand for example of tradition in that law had the unfortunate byproduct. Was rewarding companies for moving their operations off. Sure, and the president would reverse that we look forward to actively working with other countries through the always CD negotiations on both taxes on multinational corporations to try to stop what has been a destructive local race to the bottom. On corporate taxation and in that, in that context, you way would assure the competitiveness of American corporations even with a somewhat.

United States President chairman President Biden Senator Grassley Congress Senator Wyden senator Fed Senator Creeper U. S Senator Whitened Senate Senate Finance Committee America tax policy Center senator Cripple Treasury
Treasury Secretary nominee Janet Yellen calls for "big" action at Senate confirmation hearing

CNBC's Fast Money

01:09 min | 1 year ago

Treasury Secretary nominee Janet Yellen calls for "big" action at Senate confirmation hearing

"President-elect joe biden is about to speak at a memorial honoring the more than four hundred thousand americans who have died from corona virus. We'll bring you the remarks. As soon as they begin in the meantime we wanna talk about his cabinet. The senate finance committee holding a confirmation hearing today for biden's treasury secretary pick janet yellen yellen urging lawmakers to support a biden's one point nine trillion dollar covert relief. Plan saying it is critically important to act now and not only ask now but act big because why not. Interest rates are at historic lows. The seems to make a lot of sense. Dan nathan but how about the debt. That was the big question. That was a big push back. I mean they didn't care about the debt in the last few years. I don't know why they would care now. I think if Mnuchin was still the treasury secretary yellen predecessor. I think he was on board for something that looked like two trillion for a lot of the same reasons. So i think you make the point now with interest rates here with interest rates net. Really going up anytime soon. And largely because of the fact they've tacked on four or five trillion dollars in debt in just the last few years. This is the time to do it. I agree go big

Elect Joe Biden Senate Finance Committee Pick Janet Yellen Yellen Biden Dan Nathan Treasury Mnuchin Yellen Cabinet
Yellen calls for "big" action at Senate confirmation hearing

Here & Now

00:35 sec | 1 year ago

Yellen calls for "big" action at Senate confirmation hearing

"This is the first day of confirmation hearings in the Senate for President elect Joe Biden's key nominees to national security and economic post. Includes Janet Yellen as Treasury secretary. The former Fed chair tells the Senate Finance Committee that since interest rates are at historic lows, the smartest thing to do now is to act big on the next coronavirus relief package. Kind of still always agree, but I think there is a consensus now. Without further action. We risk a longer, more painful recession now and longer term scarring of the economy

Janet Yellen Senate Finance Committee Joe Biden Senate Treasury FED
Joe Biden To Hold Remembrance Ceremony for 400k COVID Victims

Morning News with Manda Factor and Gregg Hersholt

01:04 min | 1 year ago

Joe Biden To Hold Remembrance Ceremony for 400k COVID Victims

"Day of Donald Trump's presidency. President elect Joe Biden and Vice President elect Kamila Harris will take time to remember those who died during the Corona virus pandemic. The nation's death toll hit 400,000 this morning, and both incoming leaders will speak tonight at the Lincoln Memorial, reflecting pool to honor the victims, and the new administration is slowly taking shape this morning. The Senate Finance Committee has begun its confirmation hearing. For Treasury secretary nominee Janet Yellen. Democrats and Republicans immediately squared off over how much more support the economy needs during this pandemic. Oregon Senator Ron Wyden, a Democrat who's scheduled to take over his chairman of the committee, told yelling that his top priority is to avoid the mistake made a decade ago in Congress withdrew support for the economy too soon after the housing crisis and delayed the recovery from the last recession. But Republican Senator Chuck Grassley pointed out at the hearing this morning, pointed out all the support that's already been approved and says he was concerned that the incoming Biden administration wants to raise taxes and enact what he called massive spending programs. President

President Elect Joe Biden Vice President Elect Kamila Ha Senate Finance Committee Janet Yellen Donald Trump Senator Ron Wyden Lincoln Memorial Treasury Senator Chuck Grassley Oregon Congress Biden Administration
"senate finance committee" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:38 min | 1 year ago

"senate finance committee" Discussed on News-Talk 1400 The Patriot

"In her remarks prepared for a Tuesday confirmation hearing before the Senate Finance Committee. Former Fed chair Janet Yellen will ask the new Congress to do more to fight a deep pandemic induced recession. Other Cabinet nominees who will address Senate committees are Alejandro Mayorkas for Homeland Security secretary secretary of State nominee Antony Blinken. Averil Haynes is director of National Intelligence and Lloyd Austin, a recently retired Army general who would need a congressional waiver. To be confirmed as secretary of defense. Typically, the Senate's already vetted some nominees confirming them on Inauguration Day. But this year, a tense transition and violence in Washington has led to delays. Jackie Quinn Washington Senate Republicans are mulling over their future with President Trump as they face a looming Senate impeachment trial, where Democrats vowing to go fast and furious at the outgoing president. GOP lawmakers face a dilemma Some may take is an opportunity. President Trump's popular appeal is for some Republicans over the past four years to sometimes told the White House line for fear, drawing the wrath of the president and his supporters. Now with the president, apparently on the ropes, some of the GOP may find an opportunity to sever ties. It would take 17 Republicans to join all Democrats in voting to convict the president. Later, a simple majority could vote to borrow him for good from public office. But Wagner reporting Meanwhile, overseas extreme cold weather and snow hit much of Europe. Temperatures drop to minus 18 in some areas of Poland A lot of trains were delayed Monday after rail tracks that to Warsaw Railway stations cracked. In Istanbul,.

Senate president President Trump Senate Finance Committee secretary GOP Alejandro Mayorkas Janet Yellen Fed Antony Blinken Congress Washington Averil Haynes Istanbul Lloyd Austin Jackie Quinn Warsaw Railway Homeland Security
Yellen's Senate confirmation hearing set for Jan. 19

Bloomberg Daybreak: Asia

00:46 sec | 1 year ago

Yellen's Senate confirmation hearing set for Jan. 19

"Treasury secretary nominee Janet Gallons. Senate confirmation will be tomorrow and that's following more than a quarter of a century in government will get more from the Bloomberg so late. I must seem We're expecting her to make her first pitch to Senate lawmakers, some of whom are already skeptical of Biden's $1.9 trillion stimulus plan. Yellen will tell the committee that the economic policymakers need to go big and ignore any concerns about the ballooning deficit in the U. S. Because the time to act is now The Senate Finance Committee is at 10 AM Hearing tomorrow is also likely to feature topics from foreign exchange policy to taxes. Yellin, a former economics professor, will become the first woman to run the U. S Treasury. If

Janet Gallons Senate Yellen Treasury Senate Finance Committee Biden U. Yellin U. S Treasury
Yellen urges Congress to do more to fight pandemic recession

AP News Radio

00:56 sec | 1 year ago

Yellen urges Congress to do more to fight pandemic recession

"The Senate is taking the first steps tomorrow to consider Joe Biden's nominees for cabinet positions including Janet Yellen Biden's pick for treasury secretary in her remarks prepared for a Tuesday confirmation hearing before the Senate finance committee former fed chair Janet Yellen will ask the new Congress to do more to fight a deep pandemic induced recession other cabinet nominees will address Senate committees are all a hundred may orcas for homeland security secretary secretary of state nominee Antony Blinken Averell Haynes is director of national intelligence and Lloyd Austin a recently retired army general who would need a congressional waiver to be confirmed as secretary of defense typically the Senate's already vetted some nominees confirming them on inauguration day but this year attention transition and violence in Washington has led to delays Jackie Quinn Washington

Janet Yellen Biden Senate Finance Committee Janet Yellen Senate Cabinet Joe Biden Antony Blinken Averell Haynes National Intelligence Lloyd Austin Treasury FED Congress Army Washington Jackie Quinn Washington
Janet Yellen to tell confirmation hearing that US should ‘act big’

Bloomberg Daybreak: Asia

00:15 sec | 1 year ago

Janet Yellen to tell confirmation hearing that US should ‘act big’

"As Treasury secretary begins tomorrow. The former Fed share expected to tell the Senate Finance Committee It is time to act big on stimulus given interest rates so low yelling is also expected to endorse a market driven exchange rate for the dollar Get. Dukes is chief ethics

Senate Finance Committee Treasury FED Dukes
GOP Senate report on Biden son alleges conflict of interest

AP News Radio

00:42 sec | 2 years ago

GOP Senate report on Biden son alleges conflict of interest

"Hi Mike Rossi with details on a report from Senate Republicans alleging conflict of interest for hunter Biden the Senate homeland security and governmental affairs committee and the Senate finance committee issued a report Wednesday saying Joe Biden's son's work in Ukraine constituted a conflict of interest for the Obama administration at the time hunter Biden was working for Bristol vice president Joe Biden was in charge of Ukraine policy for the Obama administration however the report does not implicate Joe Biden in any wrong doing the report says hunter Biden cashed in on his father's position but it is not clear what impact if any hunter Biden's paid board position had on administration policy with Ukraine Mike Crossey of Washington

Mike Rossi Senate Finance Committee Joe Biden Ukraine Obama Administration Vice President Hunter Biden Mike Crossey Washington Senate Bristol
GOP Senate report on Biden son alleges conflict of interest

AP News Radio

00:40 sec | 2 years ago

GOP Senate report on Biden son alleges conflict of interest

"Hi Mike Rossi you're reporting to Republican led Senate committees released a report on hunter Biden's work in Ukraine Republican senator Ron Johnson of Wisconsin the chairman of the Senate homeland security and governmental affairs committee says the probe into hunter Biden's affairs in Ukraine was a good investigation and it was not politically motivated on Wednesday Johnson's committee and the Senate finance committee released their report which concludes hunter Biden's paid board position with Ukrainian gas company to respond created conflict of interest concerns for the Obama administration at the time vice president Joe Biden was in charge of administration policy with Ukraine the Biden campaign immediately panned the report might cross yet Washington

Mike Rossi Senator Ron Johnson Wisconsin Chairman Ukraine Senate Finance Committee Hunter Biden Obama Administration Vice President Joe Biden Washington Senate Biden
GOP Senate report on Biden son alleges conflict of interest

AP News Radio

00:40 sec | 2 years ago

GOP Senate report on Biden son alleges conflict of interest

"Hi Mike Rossi you're reporting to Republican led Senate committees released a report on hunter Biden's work in Ukraine Republican senator Ron Johnson of Wisconsin the chairman of the Senate homeland security and governmental affairs committee says the probe into hunter Biden's affairs in Ukraine was a good investigation and it was not politically motivated on Wednesday Johnson's committee and the Senate finance committee released their report which concludes hunter Biden's paid board position with Ukrainian gas company to respond created conflict of interest concerns for the Obama administration at the time vice president Joe Biden was in charge of administration policy with Ukraine the Biden campaign immediately panned the report might cross yet Washington

Mike Rossi Senator Ron Johnson Wisconsin Chairman Ukraine Senate Finance Committee Hunter Biden Obama Administration Vice President Joe Biden Washington Senate Biden
"senate finance committee" Discussed on News Radio 920 AM

News Radio 920 AM

02:03 min | 2 years ago

"senate finance committee" Discussed on News Radio 920 AM

"That messes. Ballots, however, have yet to be counted. On the Democratic side. Former city Councilwoman Maria Booting is slightly ahead over Councilman Steve Stay Cose. Meanwhile, Senate President Dominic Rose Cheerio has been leading and it closed race well Senate Finance Committee chair William Conley and Senator Harold Metz, who was recently appointed to lead a panel to study the state's police officer, Bill of Rights. Or trailing state representative moral Walsh has conceded to her challenger. The Rhode Island Board of Election says complete results for yesterday's primary elections will be posted over the next few days. That's due to the huge number of mail ballots. Police have identified the victim of a deadly shooting and Cranston early yesterday as Jamal Vasquez of Providence. The shooting happened on Harris Avenue, Cranston. Police are continuing to actively investigate. President Trump isn't holding back while talking about his Democratic challenger. Biden wins China wins, It's A simple is that speaking in North Carolina, Trump said the economy would collapse if Joe Biden takes over the White House, he claimed by Agnes spent nearly five decades shipping jobs to other countries, while Trump has been his presidency, getting them back. The chief executive thinks Biden will also put in major tax likes and impose a ban on American energy if he wins in November. Mark Mayfield, NBC news radio President Trump wants to pull more troops out of Iraq, a senior administration official told reporters on Air Force One. Trump will make an announcement today on a further drawdown, the official said. Another announcement will come shortly after about more service members leaving Afghanistan as well. AstraZeneca is pressing the pause button on its Corona virus vaccine clinical trials. The pharmaceutical company says they're taking the step after finding a potentially unexplained illness and one of their trials. NewsRadio 9 20 in one or 47 FM sports. The Red Sox beat the Phillies 5 to 2 in the night camp of a double header in Philadelphia. The Sox 6 to 5 in the opener for more news..

President Trump Joe Biden Cranston President Dominic Rose Sox Steve Stay Cose Senate Red Sox Senate Finance Committee Rhode Island Board of Election Maria Booting AstraZeneca state representative Harold Metz NewsRadio Afghanistan William Conley Providence President
Tax filing will not extend past July 15

AP News Radio

00:44 sec | 2 years ago

Tax filing will not extend past July 15

"The Internal Revenue Service will not extend the tax filing deadline it means federal taxes are due in about two weeks it will not be extended beyond July fifteenth IRS commissioner Charles Reddick told the Senate finance committee tax payers have options a variety of payment related options that folks can look to we also temporarily adjusted our process is to help people and businesses during these uncertain times the ranking Democrat on the committee Ron Wyden asked about lost revenue from wealthier Americans who do not file income taxes or pay their taxes together these wealthy taxpayers owed nearly forty six billion dollars the treasury inspector general says the IRS failed to issue some nine hundred thousand audits at Donahue Washington

Internal Revenue Service Charles Reddick Ron Wyden Donahue Washington Commissioner Senate Finance Committee Treasury
Tax filing will not extend past July 15

AP News Radio

00:44 sec | 2 years ago

Tax filing will not extend past July 15

"The Internal Revenue Service will not extend the tax filing deadline it means federal taxes are due in about two weeks it will not be extended beyond July fifteenth IRS commissioner Charles Reddick told the Senate finance committee tax payers have options a variety of payment related options that folks can look to we also temporarily adjusted our process is to help people and businesses during these uncertain times the ranking Democrat on the committee Ron Wyden asked about lost revenue from wealthier Americans who do not file income taxes or pay their taxes together these wealthy taxpayers owed nearly forty six billion dollars the treasury inspector general says the IRS failed to issue some nine hundred thousand audits at Donahue Washington

Internal Revenue Service Charles Reddick Ron Wyden Donahue Washington Commissioner Senate Finance Committee Treasury
"senate finance committee" Discussed on News Radio 920 AM

News Radio 920 AM

03:18 min | 2 years ago

"senate finance committee" Discussed on News Radio 920 AM

"The Senate finance committee also heard from the department of administration and don update on how the states planning to spend its corona virus relief fund money that's already been approved by Congress as lawmakers are preparing to consider the state's budget soon some raised questions and I don't have a whole lot of confidence in Congress is going to move as quickly as we need what's that date when you gonna tell us more about the stuff that isn't in this brief like I said there's there's this version is different than last week's every week we learn more and I was able to plan more so we have such different options ahead of us I know we're trying to balance the budget eight to nine hundred million dollar deficit will work to receive a couple billion dollars an extra family the governor also waited on the state's budget during her daily press briefing saying it's difficult in the middle of all this uncertainty she says she's taking things one week at a time waiting to see how cash from Congress plays out we are supposed to have a balanced budget passed by July first that's the goal if our senior senator says you're not going to have relief until until July first then you know we might have to go month to month for a month and that Sheila shooter from Eyewitness News at six forty let's go to the roadways once again and check in with John Hamblin bring the shades today gonna need them and this report is being brought to you by nature valley crunchy bars Patrick Anderson in today's Providence journal says Rhode island's unemployment rate rocketed to seventeen percent in April as the corona virus pandemic push tens of thousands of people out of work the state labor department made the announcement yesterday there were ninety thousand three hundred island residents without jobs last month sixty three thousand eight hundred more than in March when the jobless rate was four point seven percent a year ago Rhode island's unemployment rate was three point six percent thirteen point four percent points lower the size and the speed of job losses triggered by covert nineteen this unprecedented of course more than two point four million Americans filed first time claims for unemployment benefits last week that's quite a bit above the norm but down about a quarter million from the week before the number pushes the total since the corona virus outbreak began to more than thirty eight million now last week's numbers were adjusted down from two point nine eight million to two point six nine million states with the biggest increases in claims last week were Florida Georgia Washington New York and South Dakota the biggest decreases were in California Texas Oklahoma North Carolina and also in Missouri so scientists from the Obama administration are warning the USS three months before the second wave of covert nineteen infections again this year scientists from the Obama administration so they have a seven page report that came out the group of nine scientists are advising the nation to restock up on medical supplies before the fall and not counted a vaccine being developed president trump's response let it come the president responding to the question of closing the country again should there be a second wave of the corona virus and this is what he had to say.

Senate finance committee department of administration
Income tax filing deadline moved to July 15 from April 15

AP News Radio

00:33 sec | 2 years ago

Income tax filing deadline moved to July 15 from April 15

"Treasury chief Steven Mnuchin says the tax filing deadline is being pushed from April fifteenth to July fifteenth the administration had earlier said it would delay tax payments until then without interest or penalties which Mnuchin said would leave three hundred billion dollars in an economy heading toward a likely recession Senate finance committee chair Chuck Grassley said yesterday bumping the deadline by three months is another way of blunting the virus's spread to avoiding in person meetings with tax preparers Sager made Donnie Washington

Steven Mnuchin Chuck Grassley Sager Donnie Washington Treasury Senate
Pelosi: House 'close' to striking deal with Trump on coronavirus response package

The Last Word with Lawrence O'Donnell

04:37 min | 2 years ago

Pelosi: House 'close' to striking deal with Trump on coronavirus response package

"Breaking news from Capitol Hill as House Speaker. Nancy Pelosi announced that she is close to an agreement to legislative deal with the trump administration on a package that could be passed tomorrow to deal with mostly the economic effects of the Corona virus and Donald Trump has not been involved in the negotiations is treasury. Secretary has done the president's job for him because the president is not in the mood to speak with Nancy Pelosi and reportedly believes that Speaker Pelosi would humiliate him if he involved himself in the discussions. This is of course one way of looking at the other way of looking at it as Donald trump humiliates himself whenever he opens his mouth as he did last night. While Donald Trump was addressing the nation last night for ten minutes from the office stock market futures trading started to drop dramatically and then when the market opened today proceeded to crash by the largest amount since nineteen eighty-seven losing almost ten percent of its value today. Harvard economics professor and former Treasury Secretary Lawrence Summers tweeted hostess sets. What I believe is a new world record for presidential market value destruction. Joining us now. Is Jason Furman? The former chairman of the Council of Economic Advisers. The President Obama. He is now professor of the practice of economic policy. At Harvard's Kennedy School. Thank you very much for joining US tonight. Professor Ruin what. What would you suggest the government action that could be taken now? What action could be taken to deal with what we're seeing as the economic effects of this crisis? Lawrence this is the most serious economic crisis. This country may have faced since the Great Depression bigger than what we faced in two thousand eight. Two thousand eight was terrible. It was devastating but most people kept their jobs. Many people kept spending right now. Everyone is cutting their spending large swaths of the economy. People's jobs are at risk. And so once you start to think about that the answer to your question of what we should do the more. We can do the better so my next question was going to be. Is this one thousand. Nine hundred eighty seven or is this nineteen twenty nine which you've already answered that it's closer to that of maybe about six months ago. I reread John. Kenneth Galbraith book the Great Crash About The nineteen twenty nine stock market crash. And when you read the things people were saying As it was already underway as the crash was happening others so many people who sounded like Donald Trump that saying it will bounce back as the president said today the stock market will bounce back. Don't worry about it Larry cudlow the other day saying invest As it's going down you know you'll be very happy with that. Of course it's dropped dramatically since Kudlow said that so just to set this of for our audience perspective you are comparing this now to the nineteen twenty nine crash of the stock absolutely and you know the difference is it depends on what happens if we get through this virus and the next two months then maybe it bounces right back if it takes us nine months even at that point if we find a cure for the vaccine a lot of damage a huge amount of damage will be done to companies to workers on to unemployment of type. That would persist. And you could take a long time to to recover from so I I'd love to have more reassuring things to say for Lawrence but I just I am. I am worried right now. Well you're confirming what. I've been feeling in my my amateur way about this but so this presents an enormous policy-making challenge because when you talk about things like payroll tax cut which the president mentioned a few days ago and it died instantly when the Senate Finance Committee chairman said he wouldn't even consider it. That could come back. But a payroll tax cut to a person. Who's no longer on payroll Doesn't work the way it bye-bye in the stimulus way. You might have wanted it to a while. That person was still on the payroll. That's absolutely right so what I think we should do. Is Number one everything. We can do on health free testing which is in the house legislation. I think that's terrific. We're GONNA eat a lot of hospital beds. A lot of ventilators. We're going to need that fast

Donald Trump Treasury Secretary Lawrence Su President Trump Professor Speaker Pelosi Harvard Council Of Economic Advisers Chairman Treasury Jason Furman Kenneth Galbraith Secretary Kennedy School Kudlow Larry Cudlow
"senate finance committee" Discussed on Talk 1260 KTRC

Talk 1260 KTRC

01:30 min | 2 years ago

"senate finance committee" Discussed on Talk 1260 KTRC

"John Arthur Smith said he expects the Senate finance committee which he had to propose amendments to H. B. two during a critical Monday afternoon committee hearing yesterday with hopes that the final budget will make its way to the governor some time on Wednesday the over the capital earlier today on the house side it was quiet actually no chaos quiet with early nobody's in actually in the house chamber there's like a fire alarm going off which was probably wise really knowing but I was told that the I'm how's work until about one o'clock this morning Miley there's so they hope to get these budget bill to the governor by Wednesday sometime but senator Smith said or with this Miley said Thursday morning but that is the critical issue right now getting the budget done thirty day session it's all about the budget my hope is still some day there we do and we'll talk about this when we come back from this break or anything you want try a chat about that we will Sunday your legislators so more.

John Arthur Smith Senate finance committee Miley
"senate finance committee" Discussed on C-SPAN Radio

C-SPAN Radio

03:27 min | 2 years ago

"senate finance committee" Discussed on C-SPAN Radio

"Before the Senate finance committee chaired by Chuck Grassley live on C. span radio WCS beer from Washington of questioning when we start out with which you probably would expect me to start out with referred to in my opening statement and in that statement I commend you for help your leadership in the effort to lower prescription drug prices and particularly helping us with our legislation can you speak to the proposal in the budget to reduce prescription drug costs in this notation of a hundred thirty five billion in reduced spending and also included in your answer are your general thoughts on how this could be helpful to me in and server widen and all the people on this committee that support support our bill well thank you Mister chairman and I've I've been delighted to work with you and ranking member widen on this legislation this package is a reasonable package it's bipartisan and it can really help in terms of helping to control list price increases to decrease out of pocket spending by patients with special our seniors and fixing the incentives in the part D. program to really give the plans the incentive to really negotiate hard against the big pharma I don't understand why big pharma isn't supporting it these are important reforms isn't packages like this and other bipartisan efforts are important at saving seniors money stopping list price increases and getting better negotiations and I think these are some of the best reforms that we can work on together thank you I'm interested world health care and this committee's been in the middle that for at least three decades it's difficult to keep high quality metal care meant medical care in those environments over the past each decades I champion landmark roe healthcare legislation we've had some successes but things change rapidly and well maybe not rapidly but they slowly changing or America so we have problems still developing I'm very pleased to see in the president's budget it containing a new renewed focus on rural healthcare well the H. H. budget material provides a broad outline a past accomplishments in future goals they do not contain specific details of about the policy that is why today I wanted to give you surgeries are an opportunity to explain in some detail how the administration plans to build a rural delivery models leverage technology and create appropriate world provider payments thank you Mister chairman and thank you for your decades long advocacy supporting world health care it's been a passion of mine also I am the product of rural healthcare in America and we roll healthcare suffering and we have developed a comprehensive agenda I'm delighted to see how prominent is in this year's budget you'll be seeing a lot of activity this year some of the changes that we do propose in our budget on one of them is to help stop world hospital closures so what we would do is ask Congress to allow critical access hospitals in rural areas to voluntarily convert to emergency hospitals so that they don't.

Chuck Grassley Washington Senate
"senate finance committee" Discussed on C-SPAN Radio

C-SPAN Radio

06:09 min | 2 years ago

"senate finance committee" Discussed on C-SPAN Radio

"I look for to writing a committee the latter in eight years going through all the exact numbers the first two years our numbers are right our our projections as part of the budget process we go through estimating the next eight years again based upon our estimate of growth in various different issues we do believe they'll pay for themselves that's different than the deficit because we have increased government spending and we can't pay for it twice thank you senator man and you just heard senator Tom Carper questioning Stevenage in the treasury secretary Senate finance committee chairman secretary we're we're facing a precarious moment in our Republic were truth is under assault bi partisan peddlers of alternatives faxes C. tops obvious get the true attack those who dare to stand up and speak it and gas like the public all in the name of politics were blind allegiance to a single person is valued over fidelity to the constitution so I like to go over a few points today and correct the record so the American people have the truth before them no president trump claims to have inherited a quote disaster of an economy from president Obama and he takes credit for what he calls and I quote an economic turnaround of historic proportions Mister secretary how long has the U. S. economy been posting positive GDP growth hi it's the longest running economic scenario we've been an absolutely true GDP was positive for the past ten years growing for the finals seven years of president Obama's presidency so it's been growing for the last ten years including the final seven years of the Obama presidency and and we can both agree that president trump has been in office for about three years is that correct that we can definitely agree on okay so the economy was already growing for seven years before president trump took office let's talk about jobs president trump claimed he will be quote the greatest jobs president that god ever created close quotes and has repeatedly criticized president Obama's job record let's compare the last three years of the Obama presidency to the first three years of the trump presidency can you guess who created more jobs I I don't have the numbers in front of us but we have created substantially more jobs than the Obama administration projected at the beginning this administration by a multiple of three well let's talk about what actually happens the economy gained a one point five million more jobs during the final three years of president Obama's presidency then the first three years of the trump presidency so well president Obama added eight point one million jobs during his final three years in office that is more than the amount of jobs added during the first three years of the trump presidency which is roughly about six point six million so the fact of the matter is is that what we had is a growing economy GDP was growing strengthened dramatically over the last several years before this administration took over more jobs were created in the final three years of the previous administration then when this administration took over and then let's talk about what it really means to families during the last two years of the Obama administration median household income increased by forty eight hundred dollars during the first two years of the trump administration household income increased by less than a third of that in fact median household income only increased a mere five hundred and fifty dollars and twenty eighteen far short of the four to nine thousand dollar gains promised by this administration so let me recap let's get to the truth of the trump economy created less jobs and delivered under a third of the earnings to families then the final years of the Obama presidency all the while nearly doubling the deficit to a trillion dollars so I think there's a truth there the truth is a real disconnect between what the administration is saying and how people are living bedrock middle class goals of owning a home send your kid to college saving enough for retirement or distant realities under this administration's Akon so I think that's important is that the the record straight and then finally let me ask you does the department to commit to that its actions policies in investigations including sanctions will remain free from political pressure by the president because I look at the recent nominee miss Lou who was supposed to be before the banking committee while also serving her nominations been pulled I look at issues on the question of how we're enforcing sanctions many which I help right can you tell this committee that the the department will conduct its actions policy investigations including sanctions free from political pressure by the present if I'm happy to answer that but let me just get to it and be happy to send driving along and I my question for that question first I I just want to say I have the numbers on disposable income or forty four hundred and fifty two dollars from December seventeenth nineteen in regards to your question I was specifically say no okay that I oversee the sanctions department sanctions are driven by foreign policy foreign policy is directed by the president so no specifically I would I would say that sanctions are as are other foreign policy our our our bye direction by the president and executed political considerations will take place on a talking about policy considerations talking that political considerations enter a place in your enforcement.

"senate finance committee" Discussed on KZSC 88.1 FM Santa Cruz

KZSC 88.1 FM Santa Cruz

03:14 min | 2 years ago

"senate finance committee" Discussed on KZSC 88.1 FM Santa Cruz

"I fought for changes along side speaker pelo see in labor leaders that make real important steps toward putting workers workers at the center of our trade policy we know why corporations move jobs overseas they can pay lower wages they can exploit workers the only way to stop that race to the bottom is by raising labor standards in every country with trade with despite some opposition the Senate finance committee passed the US MCA twenty five to three it now heads to the full Senate for a floor vote I'm Daniel witty reporting from KPFA news the trump administration's planning to re vamp power landmark environmental law is enforced the changes could allow major infrastructure projects without review of impacts on climate change or the environment keep your face Abigail Emmett reports the trump administration's proposed overhaul will change how the national environmental policy act or nepa is implemented that could sharply reduce obstacles to building roads bridges and fossil fuel projects like the keystone XL oil pipeline the administration plans narrow the range of projects that require environmental review which can make it likely that more projects will be approved without having to disclose plans to discharge waste cut trees and increase air pollution the plan would no longer require agencies to consider the cumulative consequences of new infrastructure or the effects of allowing increased greenhouse gas emissions or the impacts of rising sea levels and other results of climate change on a given project Brett Hartle the government affairs director at the center for biological diversity says the proposed changes go against nipples original purpose of increasing transparency and accountability so at the trump administration doing is they are really making that ourselves very superficial they're cutting out a lot of the key parts of that process that really allow us to understand the harm that is being done to the environment and it's all in the which basically green lighting and rubber stamp paying a lot of really struck the extraction activities like oil and gas development coal mining mining for minerals in the sixty years since it became a law people was change only once under the Reagan administration proponents of this new change say it will speed up the approval process and reduce costs for building infrastructure back in November over thirty of the country's biggest industry groups including the chamber of commerce in American petroleum institute called on the White House council on environmental quality to expedite efforts to quote modernized people regulations president trump himself has been a vocal critic of environmental regulations since his days as a commercial real estate developer environmental groups are concerned that weakening the ban Pullman Tatian could mean losing a powerful tool to combat climate change impacts and twenty eighteen federal courts cited me but when it halted the construction of the keystone XL pipeline the White House council on environmental quality plans to publicly release fifty or so pages of revisions this Wednesday and the public will have sixty days to submit comments final regulation is expected before the presidential.

"senate finance committee" Discussed on KTOK

KTOK

02:03 min | 3 years ago

"senate finance committee" Discussed on KTOK

"Wife a Happy Birthday truly she is fabulous and there's a lot to help me behind the scenes and matter of fact and when we do see package here and she asked me questions and I try to answer them and none of it is scripted she's the big star not me people say well why don't you do it the other way around one to ask a question maybe I will you never know you never know she's also one of the best lawyers at home absolutely brilliant and of course beautiful so anyway Happy Birthday to my wife Julie now last week I told you that the Senate finance committee is considering a bill that will seriously threaten Medicare part D. and the bill includes something called inflationary caps now the Democrats are going to tell you that it will lower drug prices but they lie they lie it's a gimmick just another attempt to price controls you see if a drug prices deemed too high it'll triggering new tax yes eight tax now who do you think's going to pay the new tax millionaires billionaire now you and seniors on Medicare will they'll end up paying more at the pharmacy counter because the tax will actually increase not decrease the price of drugs and the money from the tax they're not it's not going to go to help seniors either we'll go to pay for whatever pet projects Congress wants now after they drive up drug prices Democrats will then come to the rescue with a full blown socialist drug program taking over the whole system this is how they set us up but the Republicans who support this even people in the administration but there is a.

Julie Senate finance committee Medicare Congress
"senate finance committee" Discussed on WJR 760

WJR 760

02:22 min | 3 years ago

"senate finance committee" Discussed on WJR 760

"Radios intellectual seven seven one three one one well one of the great things I get to be behind this microphone is which my wife a Happy Birthday truly she is fabulous and does a lot to help me behind the scenes and matter of fact and when we do see package here in she asked me questions and I try to answer them and none of it is scripted she is the big star not me people say well why don't you do it the other way around one to ask request maybe I will you never know you never know she's also one of the best lawyers I've ever in home absolutely brilliant and of course beautiful so anyway Happy Birthday to my wife Julie now last week I told you that the Senate finance committee is considering a bill that will seriously threaten Medicare part D. and the bill includes something called inflationary caps now the Democrats are going to tell you that it will lower drug prices but they lie they lie it's a gimmick just another attempt to price controls you see if a drug prices deemed too high it'll triggering new tax yes eight tax now who do you think's going to pay the new tax millionaires billionaire now you seniors on Medicare will they'll end up paying more at the pharmacy counter because the tax will actually increase not decrease the price of drugs and the money from the tax they're not it's not going to go to help seniors he there we'll go to pay for whatever pet projects Congress wants now after they drive up drug prices Democrats will then come to the rescue with a full blown socialist drug program taking over the whole system this is how they set us up but the Republicans who support this even people in the administration but there is a.

Julie Senate finance committee Medicare Congress
"senate finance committee" Discussed on The Last Word with Lawrence O'Donnell

The Last Word with Lawrence O'Donnell

01:47 min | 3 years ago

"senate finance committee" Discussed on The Last Word with Lawrence O'Donnell

"How about we invested in the things that help us build a future? That's good for our economy. And that's what the wealth tax is all about it's being challenged on enforceability, which I have to say when I was staff director of the Senate finance committee. That's one of the first ways, I always looked at every touch AUSSIE, can you enforce it, no matter whether you think it's a good idea or not? So you mentioned, for example, someone's collection of diamonds or art or other. Things that can can be worth we now know hundreds of millions of dollars. How would you what would you propose as in enforceability for putting a value on someone's art collection, or whatever it is that you subject this tax do keep in mind, we do this. Anyway, when the ultra wealthy die. So it's not like, we don't know how to value this stuff value. This stuff all the time. And frankly, they value for purposes of insurance, they value for purposes sometime, she like this collateral, right? People do valuations the key parts to this proposal says no matter where the property is held so moving into Switzerland is not going to change whether or not you're subject to it. And in fact, that's an interesting part of how the laws changing around the world. So we're getting many more reciprocal tax agreements that everybody keeps track of where wealth is located and and reports so so it's it's much more visible the second part about the proposal is. Built right into the proposal is much higher auditing. So that as well. That's right. Meet the generally, but the ultra-wealthy on this tax. Remember, this is just the seventy five thousand richest families in America says for those folks there's going to be a stepped up audit procedures..

Senate finance committee staff director Switzerland America