35 Burst results for "Senate Finance Committee"

Biden wants a $15 hourly federal minimum wage

CNBC's Fast Money

02:25 min | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 3 months 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 | 8 months 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 | 8 months 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 | 8 months 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 | 8 months 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 | 11 months 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 | 11 months 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 | 1 year 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 | 1 year 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 | 1 year 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 KZSC 88.1 FM Santa Cruz

KZSC 88.1 FM Santa Cruz

03:14 min | 1 year 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.

Senators Ask FTC to Investigate Amazon Over Capital One Hack

WSJ Tech News Briefing

00:46 sec | 1 year ago

Senators Ask FTC to Investigate Amazon Over Capital One Hack

"Democratic senators are asking the Federal Trade Commission to investigate Amazon over the hack of capital one consumer data would the biggest ever heists of such banking records and a letter dated Thursday Senator Ron Wyden of Oregon the top Democrat on the Senate Finance Committee and presidential candidate Senator Elizabeth Warren said Amazon failed to protect its customers from a known security issue on its cloud computing system were capital one financial stored the information they're concerned the company ignored warnings about security vulnerability that enabled the hack the letter says the issue had been reported a year earlier and the FTC should review the companies failure to address it should be classified as a quote unquote unfair business practice that violates federal regulations

Federal Trade Commission Amazon Senator Ron Wyden Oregon Senate Finance Committee Senator Elizabeth Warren
Trump refutes report of bedbugs at Doral Miami resort, claims Democrats are spreading 'nasty rumor'

Austin's Morning News

00:53 sec | 1 year ago

Trump refutes report of bedbugs at Doral Miami resort, claims Democrats are spreading 'nasty rumor'

"A day after the president suggested that the Nixon G. seven summit take place it is to round golf club in Miami he blamed opponents for spreading reports that there were bed bugs at the golf resort the president writing the radical left Democrats upon hearing that the perfectly located to round national Miami was under consideration for the next G. seven spread that false and nasty rumor not nice the drow property settled a lawsuit in twenty seventeen with the former guest who allege he had been bitten by bed bugs during his stay the president boasted about the property extensively during a G. seven press conference arguing its proximity to Miami makes it a desirable location following the president's comments in France Senate finance committee ranking member Ron Wyden issued a statement saying that the G. seven should not be held at the trump property saying would constitute a

President Trump Miami Ron Wyden Nixon G. France Senate
"senate finance committee" Discussed on KTOK

KTOK

02:03 min | 1 year 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 | 1 year 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 KDWN 720AM

KDWN 720AM

11:23 min | 2 years ago

"senate finance committee" Discussed on KDWN 720AM

"Top democrat on the Senate finance committee announced already that he will introduce legislation that ends tax breaks for contributions to colleges and universities before. Or during enrollment of the donors child. The announcement comes a day after more than forty people were charged in college admission scam where parents allegedly bribed coaches to recruit students for athletic programs are paid people to help cheat on college entrance exams now, let's let a second. I know people actually did. Charge these quote unquote expenses against their tax Bill for deductions. Is that really why they made these payments? Of course, not. So this is another clown in congress trying to draw attention to himself has all the answers already fixing at UC yesterday's headlines about the wealthiest Americans buying access to our league colleges and universities. It's just a new version of an old story widened said in a statement. The federal government should be perpetuating this system by a warning tax breaks to these contributions contributions at returned to the donor a benefit of an estimable value. This is very strange to me. Let's say you play by the rules, and the vast majority of people do play by the rules. And so they take these. Miscreants? And then they change all the rule. That's what Wyden wants to do. Let's say people make significant donations to colleges and universities. So they can develop large endowments. So they don't have to rely on you and me, Mr. and MRs taxpayer so much. They actually get tax deductions for doing it. But still a tax deduction costs money. So if you donate as theoretical minor a dollar, and you get forty cents back if still spend sixty cents that's sixty cents perhaps. That you and I don't have to pay. So should we actually encourage people to donate to colleges and discourage the government from using our tax dollars to subsidize them, isn't that the way it's supposed to work doesn't this guy heaven ass backwards doesn't the left always have an ass backwards. The tax code always helps the wealthiest Americans. He's he's says get even further ahead, and I will soon be introducing legislation that would end the tax break for donations made to schools before during the Roman of children that are donors family middle class families. And how would that matter because you know, that way when your kid is trying to get in? They don't see the big money. I see. So you're wealthy. And you're so stupid that your kid. Let's say he's not eligible for college for maybe four or five years, and you won't make a major donate. If you're going to be a crook. And you won't make a major donation four or five years in advance and cut your deal for four or five years away. You said I mean, rich. You can cut your deal, you know, to be immediately when your kids going to college. If you're going to be a crook. I've a better idea why the hell don't you leave something along for once? They caught these people. They're going to be there charts they're going to be prosecuted. Real cronyism. Here's what the faculty twit tenure, the real cronyism. Here's what goes on in the classroom. The real cronyism here is they can formity of ideology, they grow think, they're real cronyism. Here's the attack on free speech. But this jerk has no interest in that. He just wants to play class warfare. That's all. That's all. Tell me. Art missions practices based on race are based on ancestry are based on backgrounds are based on volunteerism is that corrupt. I'd say it's correct. Wouldn't you? Can you? Judge individuals is individual human beings. Yeah. She should. But Mr. widen that freakish Senator from Oregon then give a damn about that class warfare game. All rich people do this. No, they don't forty people doesn't make a raw makes an exception. Anymore that stereotyping poor people? Hard to stomach. All right. Let's take some calls Mark park. What about Bego? I'll get to him. I promise we'll get the beta comic book figure, Alex, West Palm Beach, Florida. The great w j j no go. Hey, mark. I I just wanted to say that Democrats for a long time, and you have turned me into a Republican, and you have taught me so much just want to say that. Thank you. I hope I've turned you more into a conservative. Totally a common sense conservative. I still have a lot to do with the constitution. And are there are there? Conservatives who don't have commonsense. Seriously. That's very true. That would be kind of weird wouldn't it? Totally totally anyway, go right ahead. My friend. So you brought up the senators where they're from and that they're not on the border state in that they probably don't care as much on the vote, but their state Tennessee Kentucky Kansas in Florida. I'm in Florida and those states my south south Florida, especially Florida is effected heavily, of course. But we do like Kentucky, Tennessee, Kansas. They have to be dealing with a lot of illegal immigration because a lot of central Americans are coming through the board. I I agree with that. But what I'm saying is there is there is an urgency. There's an immediacy on border states. That is not felt where I it exists. But it's not felt the same way the intensity is not the same when you're in Texas on on the border when you're on these other border states. It's just not the same Arizona. South of California. For instance, if I'm living in Kansas. I'm not watching people illegally crossed the border because I'm not on the border. Does it have an effect? It has an effect all over the country. But it's interesting to me when you look at the list of senators, and I made the constitutional point and so forth. But I added this for a little bit of flavor. When you look when you look at the people where they come from the state. It's only Rubio who comes from a state that I would add still a border state just a different kind of border state. The others are not. And it does make me wonder. There's not a single Republican Senator other than Rubio on one of these border states, Florida. Who voted with Pelosi and against the president not one other than Rubio, and he'll claim it's a constitutional matter. I think I have dealt with that over and over and over and over and over again. Very true. Well, thank you so much, Mark. And thank you for taking my call. It's been a real pleasure. Just chatting with you. I hope to do it again, while you're very nice, polite. Young man, thank you for your call to. Menez continue showy Brian Babson park, Florida, Sirius satellite, go, Mr. Levin is in an honor to speak with you. I am about a hundred and fifty miles north of your last caller. The first scale wonder say was God bless you and your family. God bless the people in Israel tonight. And God bless our country. I just have a simple observation here about the Senate vote today. And the congress is a whole Vietnam era veteran cabinet. A lot of World War Two veterans and who. You go across seas and fight battles to prevent the spread of an influx of socialism, communism, and do our country and shed their blood and see the vote that happened on the Senate floor today is truly appalling to me, Mr. Levin, and I wanna thank you for opening my eyes to my constitution. And I would love to hear your comments on that. Well, I appreciate your service, my friend. Appreciate you calling in your question. Well, look. I don't how many more times I can underscore. This point what the president did is totally constitutional. He complies with multiple federal statutes. People are trying to paint him as acting unilaterally. Even had a Senator friend of mine, we were texting back and forth pretty aggressively. In our opinions. And he was making the point that, hey, look, you know, he tried to work with with congress. It didn't work out. Congress didn't give the money wanted. And you can't just now use the national emergencies act. I said, well, that's not what the law says, let's say he didn't work with congress. And he went ahead and trigger the national emergencies that this president has done everything possible to cajole to engage to negotiate to flatter to condemn. To get support from congress to secure the border. The president has an independent responsibility independent of congress. There's one president he's in charge of the executive branch. He's the commander in chief. He gets the trigger whether or not there's a national emergency. He is the authority under federal congressional statutes to move some money around not all money around in order to secure. The border. I mean, this president has really acted within the law and within the constitution in ways that other presidents have not. What truly affects my heart is as a veteran, and I'll call out all night veterans out there is we fought to defend this country's freedom. From this kind of aggression on our borders. I mean, we could offend other country's borders, and we can't defend their own. So I'm calling on all of the venite veterans out there. So take the seriously, Mr. Levin, I truly apologize, and I have been calling Mr. Rubio's office to come back on your show. And I haven't asked him on my show not that he would come on my show. What the hell is he going to say? I like to see him defend his position on his who we keep asking you on the show who doesn't wanna come on the show. It's really quite odd. Right. Mr producer. Tom cotton, Mark. Thank you very much. I've read everything you've ever written. And you truly came in. God bless you and your family. God bless the people of Israel tonight. And God bless America. And thank you for your call, my friend. We appreciate it. I'll be right back. Mm-hmm..

Florida president congress Senator Mr. Rubio cronyism Mr. Levin Israel federal government Senate finance committee Senate Wyden Kansas Tom cotton West Palm Beach Arizona Texas Mark park Oregon Mark
"senate finance committee" Discussed on The Last Word with Lawrence O'Donnell

The Last Word with Lawrence O'Donnell

01:47 min | 2 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
"senate finance committee" Discussed on C-SPAN Radio

C-SPAN Radio

04:17 min | 3 years ago

"senate finance committee" Discussed on C-SPAN Radio

"Meanwhile health and human services secretary are before the senate finance committee earlier today he was there to discuss the cost of prescription drugs but those separated families along the us mexico border dominated much of the questioning secretaries are confirmed that his department still has custody of two thousand forty seven migrant children who were separated from their parents because of the president's zero tolerance policy along the southwest border that is only six fewer than the two thousand fifty three that hhs said we're in its custody as of wednesday of last week democrats insisting that's not an progress we're going to begin with oregon senator ron wyden the secretary your agency plays a crucial role in child safety so i have a few questions that i think are pretty brief and want to see if you can give me some specific answers how many kids who were in your custody because of the zero tolerance policy have been reunified with a parent or a relative so i believe we have we have had a high of over twenty three hundred children that were separated from their parents as a result of the enforcement policy we now have two thousand forty have been reunified so they would be unified with other parents or other relatives under our policies of course if the parent remains in detention unfortunately under rules that are set by congress and the courts they can't be reunified while they're into the answer zero i mean no no no we've we've had hundreds of children who had been separated who are now with for instance if there was a nine one and errant who's here in the country i wanted to know about the children in your department's custody how many of them have been reunified well that's exactly what i'm saying they had been placed with a parent or other relative who's man united sta many several hundred of the of the two thousand three hundred plus that that we that came into our care twenty forty seven how many parents have been told where their kids are every parent has access to know where their child is we want to ensure that that's eight hundred visitor well that's not that's actually eight hundred number would be the backup on that but that is that should be the failsafe every parent should know where there are we've actually deployed how many how many the question is chairman the time is short and i'll give you the american people have been getting lots of deception lots of rosie answers not many facts so how many parents not have access how many parents have been told where their kids are well they all that information is available for every parent and we've actually deployed public health service officers to work with the ice case managers to meet with all of those parents were progressing through them help them fill out the reunification paperwork that they need for their background check ends a confirm parentage as well as to ensure that they make contact they know where their child is they make contact them on the phone get them on skype if that's available we want to have every child and every parent connected and in regular communication i weiss how many parents were actually told where their kids are you said they have access and this is just in my view part of the rosy responses in american people have been getting in it sure doesn't line up with the firsthand accounts of parents that i hear from desperately want to know where their kids are there's no reason why any parent would not know where their child is located i could at the stroke of at at key strokes i sat on the show our our portal with with just basic key strokes within seconds could find any child in our care for any parent and mister secretary suffice it to say portals are not part of the daily existence that's why we have that's why we have case hundred number i'd like to record opens you can tell me specifically as of today how many parents were told were their kids are senator ron wyden before the senate finance committee and hhs secretary alex as are more from that hearing it's available.

secretary senate finance committee
"senate finance committee" Discussed on C-SPAN Radio

C-SPAN Radio

01:44 min | 3 years ago

"senate finance committee" Discussed on C-SPAN Radio

"See now it's the leaders of congress calling and saying could you please help make sure they understand this by tweeting this on our behalf and i do think that there a frustration that sometimes what goes to the mainstream media is filtered and the president has ability to bypass that with his with his social media i'm wondering if you take us through the process of one major piece of legislation so let's take tax bill is an example a lot of concerns among republicans at the bill would blow a hole in the deficit a lot of concerns that it would not cut taxes enough walk us through what you did last summer and fall that led to the legislation in how you work through those political minefields i think probably one of the greatest misconceptions is that is something that's done here inside the beltway in many cases one remote successful it's what we're communicating to the american people and say here's why tax relief would be beneficial to you here's what it'll do for corporate america here's how create jobs and if americans are calling into their members of congress there often reactive to what they're hearing from their constituents so many cases are legislative strategy is less focused inside this town and more focused externally to make sure that people in america understand what we're trying to do and if we're successful in that first step and it makes the rest of the path more successful we were able to build many coalitions with a lot of different tax advocacy groups as well as business coalitions to talk about the benefits of tax relief one of the benefits we have with taxes though is that you really working through two primary committees in the house ways and means and the senate finance committee sometimes that big legislation you have multiple different cabeza jurisdiction so really having those two enables us to focus on the numbers we really need.

president congress senate finance committee america
"senate finance committee" Discussed on AM 570 The Mission

AM 570 The Mission

01:35 min | 3 years ago

"senate finance committee" Discussed on AM 570 The Mission

"Chairs the powerful senate finance committee no relief in sight just yet from the recordbreaking cold that has hit much of the nation there's is another reinforcing shot of cold air that forecast move and friday into into saturday so the next couple of days going to be cold but it looks like it even gets a little bit colder for much of the midatlantic in north east trump friday into saturday national weather service meteorologist march at are at the trump administration calling on iran to stop blocking some popular social media site's as wave trolling growing protest the us says instagram telegram and other platforms art legitimate avenues for communication at it wants iran to open them in the meantime under secretary of state steve goldstein says the us is encouraging a ronnie in st use vp ends virtual private networks to access blocked sites he says america still communicating with ronnie ends in farsi through state department accounts on facebook twitter and other platform ghani reporting congress have some major issues to deal with when it returns to washington this week the first order of business will be to find a solution to funding federal government before january nineteen that's when a shortterm spending measure expires negotiations on a longterm deal have been going on for more than a month but disputes remain over issues including spending parity for defense and domestic programs then there's the debt ceiling congress has to vote early this year to increase the debt ceiling or borrowing authority said the federal government can pay its existing debt if not borrowing options will run out by march linda kenyon reported on wall street at this hour the dow up sixty five more.

senate finance committee social media site us steve goldstein vp america ronnie twitter ghani federal government linda kenyon iran under secretary facebook washington
"senate finance committee" Discussed on KKOB 770 AM

KKOB 770 AM

01:31 min | 3 years ago

"senate finance committee" Discussed on KKOB 770 AM

"The senate finance committee your living up to everything i thought you would your one heck of a leader alaska's full delegation was allowed to speak since the bill opens up the arctic national wildlife refuge for oil exploration during a cabinet meeting as the house was voting the president spoke with reporters about his anticipation it's celebrating the achievement and he listed some of its benefits for workers and families with large estates but his favorite part player also lowers the tax on american visitors from 35 percent all the way down to twenty one percent that's probably the biggest factor in this plan with the president and republicans have been selling the idea as a way to bring about more corporate hiring and paint higher wages and invest in american facilities bob costantini the white house seats nine after a resolution targeting president trump's decision to recognize jerusalem as israel's capital is being considered by the united nations general assembly steve kastenbaum has more ambassador nikki haley sent a letter to the united nations members saying that the us will be keeping track of who votes against the united states today in the general assembly they'll be casting votes on the same resolution on jerusalem that failed in the security council when haley vetoed the measure it essentially says that by recognizing jerusalem as israel's capital and taking steps to move its embassy to that city the us was in violation of several previous security council and un resolutions although didn't mention the united states specifically yesterday while speaking to reporters at the white house president trump said nikki kelly was right for all of these nations at take our money and.

alaska oil exploration the house president trump jerusalem israel united nations steve kastenbaum nikki haley united states nikki kelly senate white house twenty one percent 35 percent
"senate finance committee" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:40 min | 3 years ago

"senate finance committee" Discussed on Bloomberg Radio New York

"Whomever uncommon capable proper public will green barak giga legislative language at the tax bill he deal with these quote unquote packs trap rates on three new taxes proposed by the senate finance committee spike in the last year's with bill and the that has a structured the bill this way for it very specific reason your needs to raise money so as to the senate requirements to uh none of the boroughs who'll governing what can be passed within a tenyear budget window so is this to offset or maybe to include a provision if the obamacare mandate provision is in part of the final legislation basically the tunnel hub set itself revenue targets data must be met in order for these rates by funny story new taxes on multinationals not take place so far everybody is pretty much thinking is pretty much baked in but who knows all right if that's already baked in than this anybody were really believe they know what the economy's going to do in 2024 i mean doesn't this all just turn out to be some bizarre a accounting gimmick in order to satisfy some kind of rules that no i mean the people that are going to write this bill they might not even be here in 2024 old kusuma oil are holding up how keen on dry what you were gimmick or creek hurry okay but if you were a company new use this kind of accounting to organize your business how.

senate finance committee senate tenyear
"senate finance committee" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 4 years ago

"senate finance committee" Discussed on Bloomberg Radio New York

"The budget this is sensibly mark were that stands and uh cut it was time lies who we expect with regard to the budget and how it fits into tax reform will make me do reverse of the online for second 'cause i think that the expectation is will begin in the markup process in the house after labor day markups absent hearings and senate finance committee roughly same time and those processes will probably play out getting a bill to the house through the month of october and then in the senate in november so that i think is an aggressive schedule but that as our timetable it also forges more opportunity to get the budget completed impasse we the budget debate will largely be september october so we'll have a budget complete and if that's the vehicle we use then so be it but you also mentioned that there's bipartisan support that's another route two so we're not necessarily locked in that direction okay this was that you to the irs so many americans struggle especially small businesses individuals to deal with the complexities of that you mentioned this for a moment in your in response to the first question but can you expand a little bit more about how tax reform will simplify things for individual americans you know especially small businesses in dealing with you know an agency that a lot of obviously americans worry valve concerned about fear give us a sense of how the simplification will make your your your completely right we have over seventy thousand people in the irs and the average american whether it's an individual or whether it's business spent way too long preparing their taxes so we're focused on the personal side simplifying it eliminating almost every single deduction of the mortgage interest in of the donations doubling the standard exemption so that again as i said earlier the average american this will be really sin simple to fill out of taxes and on the business side is the same thing this is about broadening the base bringing the rate down to something that's competitive moving to a territorial system from a worldwide system right now we have one of the highest rates we have a worldwide system but with this concept of deferrals so if you leave your money offshore you don't pay tax so for many multinationals the.

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"senate finance committee" Discussed on WPRO 630AM

WPRO 630AM

01:59 min | 4 years ago

"senate finance committee" Discussed on WPRO 630AM

"Want to get that all rolling in your committee now i think we want to get started as early in the fullest possible now we thought a lot about process we are committed to making this new most open transparent and comprehensive review of a fine it the big public financing program in the history of this data rhode island we intend to have extensive hearings we intend to make sure that every state cool in the process and the every stakeholder in the process has an opportunity to be heard we intend to make sure that the public has multiple cajun's to be heard we ever we are going to leave the confines of the state house we're going to go out and hold senate hearing senate finance hearings in different communities to make sure that every morning the public who wants to be heard will have a full and fair opportunity you know it's interesting you both our elected officials you understand politics it seems pretty clear to me that part of the read on the situation from lawmakers is that this can't be are you can't rest is through can register at midnight on a last night have session and you're saying we're gonna go over the all town in let people have hearings on co do you think that's necessary now because of some of the trust issues machribie and alluded to i do i think that i do and i think we have to live it's basically to learn from our mistakes they were great people do great states do a great nations do is they learn from the past mistakes they don't repeat those mistakes wouldn't things that we know is that for this people this data round have trust in would ever it finally comes out of this is that it has to be an accurate assessment not as you'd assessment it has to be a comprehensive assessment of the structure and the financial underpinnings of it and we want to make sure that happens this is actually an ideal process because coming in the end of the session like this it gives us the opportunity to do it in the fall with we'll be able to distract since the senate finance committee for instance won't be in the throes of putting the.

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