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Nov 2, 2023
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so overall, cutting funding for the internal revenue service doesn't cut the deficit. it raises it substantially. >> secretary, you're forced though into a situation, a political process where say getting aid to israel in addition to some irs cuts or other things you don't like, or no aid for israel at all. which would you choose? >> well, the president has made clear he would veto the bill in the house that ties aid for israel to cuts in funding for the internal revenue service. the ukraine situation and israel both have strong bipartisan backing and it's critical that we quickly provide both those forms of aid. with respect to ukraine, we have a country that is fighting hard to preserve its democracy after a brutal attack by russia. this is not something that is, our funding only good for ukraine. it's in our own national security interest because if we don't stand up when russia attacks ukraine, we don't know what countries might be next. >> secretary yellen, we live in uncertain times and very frightening times. these wars are obviously both part of that. in the is
so overall, cutting funding for the internal revenue service doesn't cut the deficit. it raises it substantially. >> secretary, you're forced though into a situation, a political process where say getting aid to israel in addition to some irs cuts or other things you don't like, or no aid for israel at all. which would you choose? >> well, the president has made clear he would veto the bill in the house that ties aid for israel to cuts in funding for the internal revenue service....
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Nov 2, 2023
11/23
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to gut the internalj revenue service, the agency are trying to gut the internal- revenue service, thecollects taxes on americans. and so there is a lot of negotiation - there is a lot of negotiation happening _ there is a lot of negotiation happening right— there is a lot of negotiation happening right now- there is a lot of negotiation happening right now with l there is a lot of negotiation - happening right now with democrats, a lot of— happening right now with democrats, a lot of very— happening right now with democrats, a lot of very pro — happening right now with democrats, a lot of very pro israel— happening right now with democrats, a lot of very pro israel democrats - a lot of very pro israel democrats have _ a lot of very pro israel democrats have come — a lot of very pro israel democrats have come out— a lot of very pro israel democrats have come out and _ a lot of very pro israel democrats have come out and said - a lot of very pro israel democrats have come out and said that- a lot of very pro israel democrats have come out and said that theyj a lot of very pro israel dem
to gut the internalj revenue service, the agency are trying to gut the internal- revenue service, thecollects taxes on americans. and so there is a lot of negotiation - there is a lot of negotiation happening _ there is a lot of negotiation happening right— there is a lot of negotiation happening right now- there is a lot of negotiation happening right now with l there is a lot of negotiation - happening right now with democrats, a lot of— happening right now with democrats, a lot of...
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Nov 10, 2023
11/23
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CSPAN
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and climate issues and in ways that raise revenue both adequately providing funds for the internal revenue service that have a huge payoff in terms of raising collections and also raising taxation somewhat on wealthy taxpayers which i think would with greatly fit the awareness of tax preparedness. >> thank you. [captions copyright national cable satellite corp. 2023]. >> on is a president biden marked president's day with a wreath laying ceremony at the tomb of the unknown soldier at arlington national cemetery. watch live at 11:00 a.m. eastern on c-span. c-span now or our free mobile app or online at c-span.org. this weekend book tv returns to texas live from austin dabeginning 12:15, coverage includ craig nelson on how franklin roosevelt prepared the country for a second world war an panel discussion onree speech in america. n sunday at 11:00 a.m. eastern, we'll focus on women in science with lauren brush, author of "the sixth." and the author of "starstruck." and also gun violence in america. watch the texas book festival today and on sunday on book tv on c-span 2. to see the full texas book fe
and climate issues and in ways that raise revenue both adequately providing funds for the internal revenue service that have a huge payoff in terms of raising collections and also raising taxation somewhat on wealthy taxpayers which i think would with greatly fit the awareness of tax preparedness. >> thank you. [captions copyright national cable satellite corp. 2023]. >> on is a president biden marked president's day with a wreath laying ceremony at the tomb of the unknown soldier...
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Nov 3, 2023
11/23
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BBCNEWS
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explain that, he decided to cut in for the internal revenue - cut in for the internal revenue service was not decided that they were going to. . ._ service was not decided that they were going to... the idea was that the were were going to... the idea was that they were going — were going to... the idea was that they were going to _ were going to... the idea was that they were going to vote _ were going to... the idea was that they were going to vote on - were going to... the idea was that they were going to vote on is - they were going to vote on is related. the assumption was that it would be a clean vote. at the last minute, there was this push, or the text came out, they tied irs tax funding, new text funding, they tied it to it. so it became a very contentious report democrats who, this is something that came out in one of their marquee pieces of legislation in the previous congress, it conflicted a lot of democrats, especiallyjewish democrats, especiallyjewish democrats who felt that they had to choose between funding israel and this, what they called egregious tax—cut, that is
explain that, he decided to cut in for the internal revenue - cut in for the internal revenue service was not decided that they were going to. . ._ service was not decided that they were going to... the idea was that the were were going to... the idea was that they were going — were going to... the idea was that they were going to _ were going to... the idea was that they were going to vote _ were going to... the idea was that they were going to vote on - were going to... the idea was that...
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Nov 1, 2023
11/23
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ESPRESO
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bill for israel, separate from ukraine, and take the money for it by cutting funding to the internal revenue serviceead leaders of both democrats and republicans believe that aid to two important partners should not be divided. the white house has already said that if the president eventually gets such a version of the johnson act for his signature, he will use the veto. the biden administration says that the alternative bill of the republicans only exacerbates differences and does not meet the national interests of the united states, one of which is to help ukraine protect its freedom and independence. can aid to ukraine be affected? let's talk about this with my colleague ostap yarysh. who is currently in direct contact. ostape, hello. i congratulate yulia. ostape, why? in the end, speaker johnson decided to bring before the house of representatives not the president's request for 106 billion additional funding for israel and ukraine and for security in the quiet indo-pacific region, but to present his own bill only in support of israel, and does such an initiative have enough support among legisl
bill for israel, separate from ukraine, and take the money for it by cutting funding to the internal revenue serviceead leaders of both democrats and republicans believe that aid to two important partners should not be divided. the white house has already said that if the president eventually gets such a version of the johnson act for his signature, he will use the veto. the biden administration says that the alternative bill of the republicans only exacerbates differences and does not meet the...
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Nov 13, 2023
11/23
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that he can't get what he wants at this moment in terms of spending cuts or attacking the internal revenue serviceeakerjohnson is laying out the proposal to separate the funding deadlines for different appropriations over two periods. this gives him two or three months to think through, how can he try to get the democrats to make concessions? especially in the senate, where they have the majority. could he come up with a plan to make the biden white house and the senate democrats buckle on a few key issues? but because he is so new to thejob, he hasn't had time to build any real political capital or leverage in these negotiations. so by moving forward without requiring spending cuts in his proposal, it is an acknowledgement of the political reality. and of course, those bipartisan relationships are key and central to that role. so far, how is this proposed plan going down with the democrats? democrats would like to see funding for an extensive period. and even most republicans, publicly and often privately, say they don't like to see these crs, continuing resolutions, being the way government is f
that he can't get what he wants at this moment in terms of spending cuts or attacking the internal revenue serviceeakerjohnson is laying out the proposal to separate the funding deadlines for different appropriations over two periods. this gives him two or three months to think through, how can he try to get the democrats to make concessions? especially in the senate, where they have the majority. could he come up with a plan to make the biden white house and the senate democrats buckle on a...
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Nov 2, 2023
11/23
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to offset the spending by cutting some spending for the —— cutting some funding for the internal revenue servicesd for ukraine — willing to think about? the aid for ukraine is _ willing to think about? the aid for ukraine is no _ willing to think about? the aid for ukraine is no less - willing to think about? the aid for ukraine is no less urgent. l for ukraine is no less urgent. and arguably is even more urgent given the fact that ukraine relies mostly on the united states and europe to fund its operations, whereas israel is looking for us to pick up a minority of this year. in ukraine there are certain not going to be bullets and the guns of ukrainian soldiers. there is an urgency to both causes. and it is also not necessarily accurate to suggest that republicans are insisting that the funding for israel be offset. that is a term that traditionally means you cut spending elsewhere, raise revenue elsewhere to pay for this. that is and what they did in the house. they attached a provision that actually costs more money, are cutting money that goes to the irs to hold more taxpayers at the higher e
to offset the spending by cutting some spending for the —— cutting some funding for the internal revenue servicesd for ukraine — willing to think about? the aid for ukraine is _ willing to think about? the aid for ukraine is no _ willing to think about? the aid for ukraine is no less - willing to think about? the aid for ukraine is no less urgent. l for ukraine is no less urgent. and arguably is even more urgent given the fact that ukraine relies mostly on the united states and europe to...
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Nov 14, 2023
11/23
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ALJAZ
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the money for ukraine and insisting the money for israel be upset by budget cuts to the internal revenue service. that's despite warnings, the measure would reduce tax collection and ironically increase the deficit. so the house g o p proposal is not going anywhere. it's, it's, it's, it's, it's going to, it's dead before it even is voted on democrats control the senate and support keeping 8 for is real and ukraine together in one package. and in a rare sign of bipartisanship. move to senate republicans agree, a break from their party members in the house. everybody knows how strongly i feel about helping you. great and is really like, is real ukraine, what's the best dumb of an unprovoked attack by a repeat violent offender? so us currently sense $3800000000.00 a year to israel. it's sent a 124000000000 since israel's founding. now the senate is strong of its own bills. that puts money for israel and ukraine together in $1.00 package, which is sure to tip a show down with the house version one that will have to be resolved before any money leaves the country. honey, jo. castro, for counting the
the money for ukraine and insisting the money for israel be upset by budget cuts to the internal revenue service. that's despite warnings, the measure would reduce tax collection and ironically increase the deficit. so the house g o p proposal is not going anywhere. it's, it's, it's, it's, it's going to, it's dead before it even is voted on democrats control the senate and support keeping 8 for is real and ukraine together in one package. and in a rare sign of bipartisanship. move to senate...
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Nov 2, 2023
11/23
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RUSSIA24
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at the same time they will withdraw the same 14 billion dollars from the budget of the us internal revenue servicex service reform, where he proposed that we sharply increase the number of agents, tax specialists, republicans actively criticized this, calling it an attempt to create some kind of federal police inside america, which the democrats and biden could control, but biden has already promised to impose the right of veta on this very the bill, if it is approved in principle by the house of representatives, another thing is that in the senate it will most likely be blocked in any case, now, of course , ukrainian lobbyists have become sharply active, and i mean those who really sit on ukraine’s money and the hawks in congress in the senate , but still demands that we jointly approve one big budget, 14 billion for israel, 50-60 billion dollars for ukraine, so we’ll see where it comes from. because there is a strong split within the republican party and among the democrats, that's because, well the latest, for example, and the processes that we are now observing, well, they say that the share o
at the same time they will withdraw the same 14 billion dollars from the budget of the us internal revenue servicex service reform, where he proposed that we sharply increase the number of agents, tax specialists, republicans actively criticized this, calling it an attempt to create some kind of federal police inside america, which the democrats and biden could control, but biden has already promised to impose the right of veta on this very the bill, if it is approved in principle by the house...
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Nov 3, 2023
11/23
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tying aid for israel to what is really an irresponsible proposal to cut funding for our internal revenue service. >> >>> donald trump's daughter is expected to take the stand next week. her attorney argued had she would suffer undue hardship if forced to travel to new york in the middle of a school week. ivanka's brothers took the stand on thursday. donald jr. and eric placed the blame on others for financial statements at the center of this case. brynn gingras has the details. >> reporter: his two eldest sons in court with smiles and thumbs up for the cameras. eric and donald trump jr. testifying in the civil fraud trial accused of falsely inflating the values of properties by hundreds of millions of dollars. >> before even having a day in court, i'm apparently guilty of fraud for relying on my accountants to do, wait for it, accounting. >> reporter: the brother's executive vice presidents at the trump organization where they worked most of their adult lives took over the company when donald trump was elected president in 2016. >> don and eric are going to be running the company. >> reporter: d
tying aid for israel to what is really an irresponsible proposal to cut funding for our internal revenue service. >> >>> donald trump's daughter is expected to take the stand next week. her attorney argued had she would suffer undue hardship if forced to travel to new york in the middle of a school week. ivanka's brothers took the stand on thursday. donald jr. and eric placed the blame on others for financial statements at the center of this case. brynn gingras has the details....
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Nov 2, 2023
11/23
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for israel's war, with mike johnson calling for i stand alone bill paid for by cuts to the internal revenue service with no money for ukraine. what is the fate of u.s. aid to israel and, for that matter, to ukraine, if the new republican house speaker is so far apart from what mcconnell and schumer want? >> well, this new speaker is not starting off on a good note. this is an incredibly cynical, political bill, designed to score political points at the expense of our democratic ally, israel. and to condition precedence -- to condition offsets or anything on emergency funding for israel or any other country is unprecedented. and we will not allow them to use israel as a political koj yule. you mentioned, anderson, i was there. this may be politics for the republican party, but this is very personal for me and jews all around the world. israel is the only jewish country, and we are still reeling from the impacts of the horrific terrorist attacks 26 days ago. my son asked my wife tonight, just tonight, 26 days later, whether the terrorists allowed the children to pack their bags when they were going t
for israel's war, with mike johnson calling for i stand alone bill paid for by cuts to the internal revenue service with no money for ukraine. what is the fate of u.s. aid to israel and, for that matter, to ukraine, if the new republican house speaker is so far apart from what mcconnell and schumer want? >> well, this new speaker is not starting off on a good note. this is an incredibly cynical, political bill, designed to score political points at the expense of our democratic ally,...
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trillion two hund billion budget you can find offsets speaker found one cutting some money out internal revenue service if biden doesn't like that offer -- if i were speaker johnson he has done a good job so far would i sit there pleasantly say guys we got a will here not going to compromise i am not going to white house and meet with every weird demands are you want to help, accept the bill you don't want to help i would say we want to know -- the idea you favor irs more than you favor helps israel i superintendent from most persons seems weird. i am surprised we haven't heard from chuck schumer about antisemitism across the country he has been silent israeli president herzog writing universities urging them publicly condemn hamas october 7 attack, told fbi about anti-semitic threats school said some staff have gotten disturbing antisemting emails threatening violence against jewish community some naming a organization apt unfortunate in the face of antisemitism, attacks on israel the white house comes out with a plan to current islamophobia. >> the democratic party deeply split pro terrorist wing lau
trillion two hund billion budget you can find offsets speaker found one cutting some money out internal revenue service if biden doesn't like that offer -- if i were speaker johnson he has done a good job so far would i sit there pleasantly say guys we got a will here not going to compromise i am not going to white house and meet with every weird demands are you want to help, accept the bill you don't want to help i would say we want to know -- the idea you favor irs more than you favor helps...
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Nov 1, 2023
11/23
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CNNW
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that would be funded in part by cutting spending for the internal revenue service. yes the agency that collects taxes. on the same floor tuesday, the leaders of both parties criticized. >> >> the new speaker knows perfectly well that if you want to help israel, you can't put those legislation that is full of poison pills. this house gop proposal is clearly designed to divide congress, on a partisan basis. >> so at the risk of repeating myself, and the threats facing america and our allies are serious in they're intertwined. if we ignore that fact we do so at our own peril. >> lawmakers, secretary of state antony blinken told the u.s. it is vital to plow replied aid at once. so it won't see washington as quote playing, whack-a-mole. in the response to global crises >> israel has frosted threats using the air defense system, to intercept a surface to surface. middle the middleton group in yemen said it launched the attack in the world is now watching to see how iran may desert force and itsts proxieses against t sworn enemy israel. >> fred blananket >> has m more iran
that would be funded in part by cutting spending for the internal revenue service. yes the agency that collects taxes. on the same floor tuesday, the leaders of both parties criticized. >> >> the new speaker knows perfectly well that if you want to help israel, you can't put those legislation that is full of poison pills. this house gop proposal is clearly designed to divide congress, on a partisan basis. >> so at the risk of repeating myself, and the threats facing america...
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Nov 3, 2023
11/23
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it does not include funding for ukraine and it includes cuts at the internal revenue service to pay for some of this emergency aid. chuck schumer called the bill deeply flawed and says it won't even be considered by the senate. this was the first time that aid to israel has been conditioned on other policies. >>> and cornell university has canceled classes today to acknowledge the, quote, extraordinary stress its campus has been under. one of their students is arrested after being accused of violent anti-semitic threats. since the conflict started last month, jews, palestinians and muslims in the u.s. have expressed growing fears in reported spike of hate motivated attacks. anti-defamation league says compared to a year ago, they have reported a nearly 400% increase in anti-semitic incidents in the days following the has mass athamas attacks. joining us to help us understand is ethan fine, a junior at indiana university.mass hamas a. joining us to help us understand is ethan fine, a junior at indiana university. ethan, thank you for getting up early. i know when i was in college, 5:00 a
it does not include funding for ukraine and it includes cuts at the internal revenue service to pay for some of this emergency aid. chuck schumer called the bill deeply flawed and says it won't even be considered by the senate. this was the first time that aid to israel has been conditioned on other policies. >>> and cornell university has canceled classes today to acknowledge the, quote, extraordinary stress its campus has been under. one of their students is arrested after being...
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Nov 1, 2023
11/23
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that would be funded in part by a cut to spending on the internal revenue service. now on the senate floor to, state leaders of both parties criticize the proposal. listen. >> the new speaker knows perfectly well that if you want to help israel, you can't proposed legislation that is full of poison pills. this house gop proposal is clearly designed to divide congress, on a partisan basis. >> so at the risk of repeating myself with threats facing america and our allies are serious, and they are intertwined. >> if we ignore that fact, we do so at our own peril. >> now speaking to lawmakers -- told lawmakers it is a vital for the u.s. to provide aid to ukraine and israel together, so that russia and china will not see washington as, quote, playing whack a mole in response to global crises. in the meantime, top u.s. officials warn that the war in the middle east has led to a spike in antisemitism, and islamophobic incidents in the united states. those concerns have been echoed by the leading advocacy groups for jewish and muslim americans. cnn's brian todd has more. >>
that would be funded in part by a cut to spending on the internal revenue service. now on the senate floor to, state leaders of both parties criticize the proposal. listen. >> the new speaker knows perfectly well that if you want to help israel, you can't proposed legislation that is full of poison pills. this house gop proposal is clearly designed to divide congress, on a partisan basis. >> so at the risk of repeating myself with threats facing america and our allies are serious,...
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Nov 3, 2023
11/23
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BLOOMBERG
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in this case, it takes it away from the internal revenue service.s money had been allocated by the previous congressmen and democrats to increase oversight and irs. -- by the irs. that is something the democrats said no to. the white house at president biden would veto a bill if you got to him. it is not likely it ever will because the senate would not approve it. there really is a whole lot of uncertainty about what comes next. it is not in any way a straight process. another indication of how difficult it is to get anything done in washington these days. given the drama that we have seen in the house over the last month. rishaad: thank you. bruce einhorn there, looking at the latest on the middle east. we will check in with marcus. we have -- with markets. lunch break in about 3.5 minutes from now, looking up positivity across the board. we have got tech doing quite well. and looking ahead, of course, we will leave you with that picture of what is happening here in hong kong. good rally. this is bloomberg. ♪ you want to be able to provide your chi
in this case, it takes it away from the internal revenue service.s money had been allocated by the previous congressmen and democrats to increase oversight and irs. -- by the irs. that is something the democrats said no to. the white house at president biden would veto a bill if you got to him. it is not likely it ever will because the senate would not approve it. there really is a whole lot of uncertainty about what comes next. it is not in any way a straight process. another indication of how...
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Nov 1, 2023
11/23
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BLOOMBERG
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is a political controversy because it would come with cutting some of the budget for the internal revenue service agency, and it does not include any support for ukraine or taiwan, something the white house had been looking for. the white house is signaling it would like, it would likely veto the legislation if it passes and there will be pushed back on the senate side before any aid gets there. looks like this process will be drawn out, despite the house finally having a speaker as of last week. rishaad: what about gaza itself? once this war is over, the future is up in the air. how will it be governed? >> that is something no one has a clear answer to. with israeli operations still ongoing and possibly ongoing for months, according to israeli officials, we have heard reports and learned the u.s. and israel are trying to talk through different secure -- scenarios for what gaza's government would look like or what a military force would look like there. there is talk about some sort of multinational force that could be made up of european troops possibly with the u.s. there is talk about handing
is a political controversy because it would come with cutting some of the budget for the internal revenue service agency, and it does not include any support for ukraine or taiwan, something the white house had been looking for. the white house is signaling it would like, it would likely veto the legislation if it passes and there will be pushed back on the senate side before any aid gets there. looks like this process will be drawn out, despite the house finally having a speaker as of last...
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Nov 28, 2023
11/23
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the house passed its israel aid, $14 billion tied to the spending cuts with the internal revenue servicetarter with democrats in the senate, and the senate at the same time is considering or is likely to put on the floor a bill to give aid to israel, ukraine, and taiwan together. that is a nonstarter in the house of representatives, so we are at, again, one of these stalemates where both chambers are doing something that the other chamber doesn't like. speaker mike johnson, new to the job, he said he will not accept an israel aid package that ties israel aid to ukraine, and he wants them separated. and chuck schumer could move a solely israel aid bill through, and he chose not to do so and he wants them tied altogether. december, as we know, it's a furious time for legislating, and i think that's what we are going to see towards the end of the month. >> yeah, as they get closer to the holiday break, things mysteriously and magically get done more than they would during the year. meanwhile, congressman george santos could face an expulsion vote from the house earlier this week? >> yes, he
the house passed its israel aid, $14 billion tied to the spending cuts with the internal revenue servicetarter with democrats in the senate, and the senate at the same time is considering or is likely to put on the floor a bill to give aid to israel, ukraine, and taiwan together. that is a nonstarter in the house of representatives, so we are at, again, one of these stalemates where both chambers are doing something that the other chamber doesn't like. speaker mike johnson, new to the job, he...
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Nov 6, 2023
11/23
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CSPAN2
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eliminate auditors in the internal revenue service who are trying to catch these tax cheats. what are they thinking? incidentally, because that means the auditors are not recovering money for our treasury that is owed to it, theyed and to the deficit -- they add to the deficit, this bunch of fiscal hawks giving the first real act of the new speaker find a way to avoid holding tax cheaters responsible and adding to the national deficit. they need some work over there. that bill is a nonstarter that putin must be enjoying. defending american values and defending our national security interests will take bipartisan work. as long as there is a united states of america, we will be standing for freddie mac across the -- we will be standing for freedom across the world. madam president, i yield the floor and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the clerk: ms. baldwin. the national political reporter for the monitor new hampshire. welcome back to the program. >> it's great to join you. we have our primary, we are getting
eliminate auditors in the internal revenue service who are trying to catch these tax cheats. what are they thinking? incidentally, because that means the auditors are not recovering money for our treasury that is owed to it, theyed and to the deficit -- they add to the deficit, this bunch of fiscal hawks giving the first real act of the new speaker find a way to avoid holding tax cheaters responsible and adding to the national deficit. they need some work over there. that bill is a nonstarter...
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Nov 3, 2023
11/23
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the only profit center in the united states government is the internal revenue service. led by speaker mike johnson are now trying to cut the irs as part of funding for israel. one of the first things you're supposed to learn in washington is when you cut jobs at the irs, you don't save any money at all. because cutting jobs at the irs means the government collects less tax revenue. there isn't a single worker at the irs who actually costs the government any real money. every one of them through their work actually returns much more money to the government then the government pays them. everyone knows that that's how it works. everyone except the new house republican speaker and the marjorie taylor greene types who apparently don't understand that the irs is the governments profit center. this craziness can never become law, because it cannot pass the united states senate, which is caught up in its own madness at this point, led by the republicans craziest senator ever, senator tommy tuberville, who is blocking every military promotion and every pay raise that goes with
the only profit center in the united states government is the internal revenue service. led by speaker mike johnson are now trying to cut the irs as part of funding for israel. one of the first things you're supposed to learn in washington is when you cut jobs at the irs, you don't save any money at all. because cutting jobs at the irs means the government collects less tax revenue. there isn't a single worker at the irs who actually costs the government any real money. every one of them...
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Nov 1, 2023
11/23
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KNTV
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$14 billion more aid to israel, but only if they cut $14 billion from the budget at the internal revenue serviceat's money used, in part, to audit wealthy people and companies, money that had already been approved by congress. his critics say these two things are not related. the white house sent a letter to johnson saying israel should not be used as a pawn, and promising, even if johnson somehow could get the bill passed all the way through the senate, the president will veto it. here is senate majority leader chuck schumer adding his disapproval. >> the house gop package is woefully inadequate, has the hard right's fingerprints all over it, making aid to israel, this just faced the worst terrorist attack in history, contingent on poison pills that help ultra wealthy tax cheats. it's insulting that the hard right is openly trying to exploit the crisis in israel and try to reward the ultra rich. >> now, you might expect a democratic president, senate majority leader, to criticize a republican house speaker's idea. but the top republican in the senate, mitch mcconnell, says i'm with schumer, i d
$14 billion more aid to israel, but only if they cut $14 billion from the budget at the internal revenue serviceat's money used, in part, to audit wealthy people and companies, money that had already been approved by congress. his critics say these two things are not related. the white house sent a letter to johnson saying israel should not be used as a pawn, and promising, even if johnson somehow could get the bill passed all the way through the senate, the president will veto it. here is...
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Nov 1, 2023
11/23
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$14 billion more aid to israel, but only if they cut $14 billion from the budget at the internal revenue servicegs are not and should not be related. johnson, though, looking to pay as he goes, spend on one thing, cut somewhere else. after all, the government does spend way more money than it has. we just learned a few minutes ago the treasury is going to borrow $112 billion to cover a $102 billion debt payment this month. >>> the white house sent a letter to johnson promising, even if johnson could somehow get his irs bill passed all the way through the house and senate, the president would veto it. here is senate majority leader chuck schumer adding to his disapproval. >> the house gop package is woefully inadequate, has the hard right's fingerprints all over it, making aid to israel, who just faced the worst terrorist attack in history, contingent on poison pills that help ultra wealthy tax cheats. it's insulting that the hard right is openly trying to exploit the crisis in israel, and trying to avoid the ultra rich. >> you might expect a democratic president, that democratic senate majority
$14 billion more aid to israel, but only if they cut $14 billion from the budget at the internal revenue servicegs are not and should not be related. johnson, though, looking to pay as he goes, spend on one thing, cut somewhere else. after all, the government does spend way more money than it has. we just learned a few minutes ago the treasury is going to borrow $112 billion to cover a $102 billion debt payment this month. >>> the white house sent a letter to johnson promising, even if...
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Nov 17, 2023
11/23
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CSPAN2
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we have the senate yesterday who chose expansion of internal revenue service over standing with israel. and what are my republican colleagues doing? they're all too happy to have this local down today and get on airplanes and go home for turkey at thanksgiving. why are we putting another built on the floor of house right now syndicate over to the senate to shove it down their throat to say that we republican staffer cutting spending, we republicans stand costanza for israel. we republicans stand for securing the border of the united states. no, no, no let's go back and raise some money so we can do more fundraisers that we can then to get elected so we can come back here and offer more excuses for why we don't get the job done. you know whatw excuse will be next year? w we want the house and when the seneca creek if we can ev, but we don't have 60 innocent, chip. we can't do what you want to do because we don't have 60 votes in the senate. i have heard nothing but excuses for the 20 years i either get a staffer in the stamp back in texas watch it closely or not back as a member. nothin
we have the senate yesterday who chose expansion of internal revenue service over standing with israel. and what are my republican colleagues doing? they're all too happy to have this local down today and get on airplanes and go home for turkey at thanksgiving. why are we putting another built on the floor of house right now syndicate over to the senate to shove it down their throat to say that we republican staffer cutting spending, we republicans stand costanza for israel. we republicans...
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Nov 4, 2023
11/23
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the proposed 14.3 billion dollars would hand on counting the amount from internal revenue service funding authorized in the inflation reduction act. the congressional budget office has rejected the doing that would add more than 26 billion dollars to deficit, due to lost revenue from collecting unpaid taxes. democrats sent a bill needlessly politicizes aid to israel. but there is also another problem. the republican bill does not include aid for ukraine, which means it's dead on arrival in the senate, porter's bipartisan support for both israel and ukraine. joining me now to discuss more is basil smikle, democratic strategist and former executive director of the new york state democratic part b and j.c. polanco -- commissioner of the new york city part of elections. new york is in the building today. >> the bronx! >> okay, the bronx in the building. -- basil, speaker johnson and minority leader mcconnell are not on the same page here. previously, before this aid package passed, even senator schumer said, we're going to see what people partisan pregnant is in the house. some democrats did
the proposed 14.3 billion dollars would hand on counting the amount from internal revenue service funding authorized in the inflation reduction act. the congressional budget office has rejected the doing that would add more than 26 billion dollars to deficit, due to lost revenue from collecting unpaid taxes. democrats sent a bill needlessly politicizes aid to israel. but there is also another problem. the republican bill does not include aid for ukraine, which means it's dead on arrival in the...
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Nov 11, 2023
11/23
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KGO
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when the internal revenue service released is its yearly new tax brackets.se are the 2024 ones in brackets are updated every year because of inflation. in this year, inflation has pushed the income thresholds up 5.4% just under five. and one half. last year it was a 7% increase. the us federal income tax code has seven brackets there. they are right now. you can see if you look where you might land a quick note, the 10% tax bracket is under $11,600 for single filers and $23,200 for married filing jointly 12% is for those who make above those amounts. a report from the california association of realtors says housing affordability in california dropped to its lowest level since 2007. the association says the high borrowing costs and climbing home prices are the main reasons californians are having a harder time affording a home. fewer than 1 in 5 household in the state can afford to purchase a median priced, preexisting single family home, which now costs. $843,000. to afford that, you will need an income of $221,000. the rising cost of living is going to slow
when the internal revenue service released is its yearly new tax brackets.se are the 2024 ones in brackets are updated every year because of inflation. in this year, inflation has pushed the income thresholds up 5.4% just under five. and one half. last year it was a 7% increase. the us federal income tax code has seven brackets there. they are right now. you can see if you look where you might land a quick note, the 10% tax bracket is under $11,600 for single filers and $23,200 for married...
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Nov 16, 2023
11/23
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CSPAN
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we have the senate yesterday who chose expansion of the internal revenue service over standing with israel. and what are my republican colleagues doing? they are all too happy to have this vote go down today and get on their airplanes and go home for turkey at thanksgiving. why aren't we putting another bill on the floor of the house and sending it to the senate to say we republicans stand for cutting spending and standing with israel. we republicans stand for securing the border of the united states. . no, no, no, let's go back and raise money. so we can do more fundraisers, so we can try to get elected so we can come back here an offer more excuses for why we don't get the job done. the yao know what the excuse will be next year in we won the house and we won the senate, if we can even do that, but we don't have 60 in the senate, chip. we can't do what you want to do because we don't have 60 votes in the senate. i have heard the same thing when i've been here as a staffer, back in texas watching it closely or now as a member. nothing but excuses. nothing but empty promises. and the time
we have the senate yesterday who chose expansion of the internal revenue service over standing with israel. and what are my republican colleagues doing? they are all too happy to have this vote go down today and get on their airplanes and go home for turkey at thanksgiving. why aren't we putting another bill on the floor of the house and sending it to the senate to say we republicans stand for cutting spending and standing with israel. we republicans stand for securing the border of the united...
SFGTV: San Francisco Government Television
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Nov 5, 2023
11/23
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SFGTV
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and while we are cognizant of the internal revenue services provisions to spend down 85% of the funds within three years, we also need to comply with our grantors and their desire to see their investments bear fruit quickly as possible. so what we're doing is we are meeting with our project teams, our accounting team and our budget office to say, okay, let's, let's, let's keep the heat uniform and move the funds where where they're most urgently needed. and, and juggle this whole potato, all these potatoes in the air, hot and cold. i'll stop saying that for drawing down the funds even when some projects might be languishing. can we find other ways to spend the funds? one way, for instance, is within the eight programs within the within the eight g bond programs for our projects. we can also move the funds between projects within the program without any supplemental appropriation. it's something we can handle internally, and we've been doing that in the past. we will continue to do that in the future so that we can move funds off of projects that are lagging or stalled and move them to
and while we are cognizant of the internal revenue services provisions to spend down 85% of the funds within three years, we also need to comply with our grantors and their desire to see their investments bear fruit quickly as possible. so what we're doing is we are meeting with our project teams, our accounting team and our budget office to say, okay, let's, let's, let's keep the heat uniform and move the funds where where they're most urgently needed. and, and juggle this whole potato, all...
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Nov 3, 2023
11/23
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and the reason for that is that it offsets that spending with cuts to the tax collecting internal revenue service. the speakers knew this would be controversial. and part of the motivation there seems to be an effort to get democrats to vote against that measure so that the republicans could fund raise over it. and that's exactly what they've done. a group called the republican jewish coalition has sent out this email, saying, these anti israel democrats decided to stand with radical terrace. the democrats in the senate and president are wide. we are likely to pass funding for israel. they've said that they want to do that, but just not in this particular bill. they want an overall funding bill that also includes funding for the war and ukraine. okay, thank you for that, john henry, and without the date in washington. meanwhile, you as president joe biden has confirmed that more than 70 americans with dual citizenship have now left garza, the roof of border crossing with egypt was opened temporarily on wednesday and thursday of okay, let's get move with about how many you'd see on me as a profess
and the reason for that is that it offsets that spending with cuts to the tax collecting internal revenue service. the speakers knew this would be controversial. and part of the motivation there seems to be an effort to get democrats to vote against that measure so that the republicans could fund raise over it. and that's exactly what they've done. a group called the republican jewish coalition has sent out this email, saying, these anti israel democrats decided to stand with radical terrace....
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Nov 5, 2023
11/23
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slashing the budget of the internal revenue service. so, let me just back up for a second.week, the white house sent a 14 billion dollar aid, more than 14 billion dollar aid package to congress. congress turned around under the leadership of the house of representatives by speaker johnson, and passed a 14 billion dollar aid to israel only, no aid for ukraine, no aid for taiwan, no aid for the border, that the president had in his package. and offset that, but slashing money to the irs that was funded with in the inflation reduction act. now, this is a bill y'all, that is dead on arrival in the united states senate. the president vowed to be veto it, even if it did reach his desk. so if congress advocates and yet another stalemates, thousands of protesters, they were march to washington d.c. yesterday. including on joe biden's doorstep, where they demanded an immediate cease fire and an end to military aid to israel. so joining me now to discuss it all is white house domestic policy adviser neera tanden. welcome. thank you very much for coming in, on a sunday near. i had to
slashing the budget of the internal revenue service. so, let me just back up for a second.week, the white house sent a 14 billion dollar aid, more than 14 billion dollar aid package to congress. congress turned around under the leadership of the house of representatives by speaker johnson, and passed a 14 billion dollar aid to israel only, no aid for ukraine, no aid for taiwan, no aid for the border, that the president had in his package. and offset that, but slashing money to the irs that was...
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Nov 8, 2023
11/23
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CSPAN2
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gentleman from kansas is promoting, because they've paid for it by taking money away from the internal revenue service. some would say they are using the israeli crisis as a way to do what so many of my republican colleagues like to do, give tax breaks to the wealthy. because when you take money away from the irs, you go ahead and ensure that people can feel much more comfortable about not paying their taxes as they should. "the wall street journal" published an article a few days ago. in 2021, the irs failed to collect $660 billion-plus that was owing to the united states of america. that is many times this supplemental we're talking about no financial institution would take money away from its bill collectors on the notion that, oh, that's okay. only in washington would we do that. this bill is thus irresponsible in the way it is paid for and irresponsible in ignoring our commitment to the ukraine. it's time to get serious. we have ten days before our government runs out of funding. israel needs our support. ukraine need our support. american families and communities are counting on us to deliver cr
gentleman from kansas is promoting, because they've paid for it by taking money away from the internal revenue service. some would say they are using the israeli crisis as a way to do what so many of my republican colleagues like to do, give tax breaks to the wealthy. because when you take money away from the irs, you go ahead and ensure that people can feel much more comfortable about not paying their taxes as they should. "the wall street journal" published an article a few days...
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Nov 12, 2023
11/23
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ALJAZ
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the money for ukraine and insisting the money for israel be upset by budget cuts to the internal revenue service. that's despite warnings, the measure would reduce tax collection and i run equally, increase the deficit. so the house g o p proposal is not going anywhere it's, it's, it's, it's going to, it's dead before it even is voted on democrats control the senate and support keeping 8 for is real and ukraine together in one package and in a rare sign of bipartisanship most of the senate republicans agree a break from their party members in the house. everybody knows how strongly i feel about helping you. great and is really like, is real ukraine, what's the best dumb of an unprovoked attack by a repeat violent offender? so us currently sense $3800000000.00 a year to israel is sent a 124 billions since israel's founding. now the senate is strong of its own bills. that puts money for israel and ukraine together in $1.00 package, which is sure to tip a show down with the house version one that will have to be resolved before any money leaves the country. heidi jo castro for counting the cost. wa
the money for ukraine and insisting the money for israel be upset by budget cuts to the internal revenue service. that's despite warnings, the measure would reduce tax collection and i run equally, increase the deficit. so the house g o p proposal is not going anywhere it's, it's, it's, it's going to, it's dead before it even is voted on democrats control the senate and support keeping 8 for is real and ukraine together in one package and in a rare sign of bipartisanship most of the senate...
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Nov 4, 2023
11/23
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catch, speaker mike johnson tied that aid money to cutting the same a lot of money from the internal revenue serviceraine. senate leaders saying it is dead on arrival in that chamber, and president biden is already vowing to veto it. meanwhile, senate democrats are continuing their push for a broader package that contains more than 106 billion dollars in aid for both israel and ukraine, and funding for operations at the u.s. border. >> tom nichols writes in the atlantic that it is time for lawmakers to take a more active role in explaining the concept of foreign aid to american voters. tom joins me now, he is a staff writer at the atlantic. tom, you spell some common myths surrounding foreign aid. you write for aid, think about 1% of the u.s., budget roughly 60 billion dollars. what that is the disconnect between perception on the part of some voters? and the reality of the amount of money that is earmarked for this? >> the disconnect long predates our current debates, that disconnect goes years and years back. and in fact, one of the more would say entertaining, except that it really is dangerous p
catch, speaker mike johnson tied that aid money to cutting the same a lot of money from the internal revenue serviceraine. senate leaders saying it is dead on arrival in that chamber, and president biden is already vowing to veto it. meanwhile, senate democrats are continuing their push for a broader package that contains more than 106 billion dollars in aid for both israel and ukraine, and funding for operations at the u.s. border. >> tom nichols writes in the atlantic that it is time...
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Nov 21, 2023
11/23
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FOXNEWSW
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at the pas bills they've been passing aidto israel but offset by cutting money out of the internal revenue service, a series steps a very strong parental rights bill that virtually every tha democrat voted against. i think there are a lot of stepst virtuall they can tak but you also have to be realistic. and i think speaker johnsond decided was that keeping the government opewan was the practical next step. given where they were in the w that they'd been in. and i suspect that was right now they're going to havei some big fights over appropriations. but in the long run, theree are a lot of other things the house republicans are doing that are goingdo end upe goingdo mattering. the fact is that the biden thincreasis that the biden family increasingly looks like in a newsletter recently in , i called them the delaware sopranos. frpranos. from people like chairman colmer and chairmaomken jordane and chairman smith. every single week we're gettinst evidence that this is just a family of crooks. an important job, n which would not be happening ifi the house republicans didn't have a majority. so i thin
at the pas bills they've been passing aidto israel but offset by cutting money out of the internal revenue service, a series steps a very strong parental rights bill that virtually every tha democrat voted against. i think there are a lot of stepst virtuall they can tak but you also have to be realistic. and i think speaker johnsond decided was that keeping the government opewan was the practical next step. given where they were in the w that they'd been in. and i suspect that was right now...
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Nov 8, 2023
11/23
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CSPAN
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and finally, cuts to the internal revenue service would protect cheats over honest, hardworking families. we know an underfunded, understafd, overwhelmed i.r.s. means the wealthiest billionaires and corporations often avoid paying taxes. not often. they avoid paying taxes. according to secretary yellen, and i quote, in 2019, the top 1% of americans was estimated to owe over one fifth of unpaid taxes, leaving ordinary americans to shoulder the burden, end quote. furthermore, in 2021, the institute on taxation and economic policy found at least 55 of the largest corporations in america in the year they saw over $40 billion in pretax income had paid no federal corporate income taxes. corporations like nike, hewlett-packard and dish network paid zero federal income taxes. treasury recently announced that thanks to the resources provided in the inflation reduction act, the i.r.s. is pursuing back taxes owed from about 1,600 taxpayers with incomes over $1 million. they have so far closed 100 of those cases, collecting $122 million since september. that is not a tax increase. that is collecting
and finally, cuts to the internal revenue service would protect cheats over honest, hardworking families. we know an underfunded, understafd, overwhelmed i.r.s. means the wealthiest billionaires and corporations often avoid paying taxes. not often. they avoid paying taxes. according to secretary yellen, and i quote, in 2019, the top 1% of americans was estimated to owe over one fifth of unpaid taxes, leaving ordinary americans to shoulder the burden, end quote. furthermore, in 2021, the...
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Nov 7, 2023
11/23
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i would add that that was $14.3 billion out of an $80 billion appropriation to the internal revenue service, hardly the majority of that funding. but a -- if our colleagues on the other side of the aisle don't like those pay-fors, then they're free to come up with an alternative. but the truth is they don't believe in paying for anything, and we saw just last year, or this last year about $670 billion paid by the united states to our bondholders to help finance the national debt. and that's not getting any better by the day. and certainly if we were to pass another supplemental appropriations bill to aid israel or ukraine or for any other purpose and actually make our national debt worse, it would put us on a par rillous path -- on a perilous path. well, president biden who said we stand with israel and we'll do anything that they need us to do has actually threatened to veto the $14.3 billion supplemental appropriations bill that was passed for the house. now how he can reconcile his stated support for israel and his threat to veto a supplemental appropriations bill escapes me. and then th
i would add that that was $14.3 billion out of an $80 billion appropriation to the internal revenue service, hardly the majority of that funding. but a -- if our colleagues on the other side of the aisle don't like those pay-fors, then they're free to come up with an alternative. but the truth is they don't believe in paying for anything, and we saw just last year, or this last year about $670 billion paid by the united states to our bondholders to help finance the national debt. and that's not...
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Nov 3, 2023
11/23
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>> the other thing we've seen recently has been a very significant funding boost for the internal revenue servicend that has manifested in the last meeting i had with of the rhode island taxpayer advocate office in a lot of better response to individual taxpayers. where the taxpayer advocate was going to the main irs office and having weeks or months of delays even as the actual taxpayer advocate now those time periods have shortened dramatically. they are turning over consumer credits more rapidly and effectively and at the public is getting his questions answered and problems resolved faster and more effectively than they were before hand. and i would urge you to look at that as a potential model for what could be placed within the administrative side of social security. and i think there's a lot of us here who would love to see additional resources come to you in the same way that we've sent additional resources to the irs so the american people will be irs into social security designed to serve can get effective answers and not get stuck up in backlogs and delays from understaffing and under
>> the other thing we've seen recently has been a very significant funding boost for the internal revenue servicend that has manifested in the last meeting i had with of the rhode island taxpayer advocate office in a lot of better response to individual taxpayers. where the taxpayer advocate was going to the main irs office and having weeks or months of delays even as the actual taxpayer advocate now those time periods have shortened dramatically. they are turning over consumer credits...
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Nov 15, 2023
11/23
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CSPAN
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we have the senate yesterday who chose expansion of the internal revenue service over standing with israel. and what are my republican colleagues doing? they are all too happy to have this vote go down today and get on their airplanes and go home for turkey at thanksgiving. why aren't we putting another bill on the floor of the house and sending it to the senate to say we republicans stand for cutting spending and standing with israel. we republicans stand for securing the border of the united states. . no, no, no, let's go back and raise money. so we can do more fundraisers, so we can try to get elected so we can come back here an offer more excuses for why we don't get the job done. the yao know what the excuse will be next year in we won the house and we won the senate, if we can even do that, but we don't have 60 in the senate, chip. we can't do what you want to do because we don't have 60 votes in the senate. i have heard the same thing when i've been here as a staffer, back in texas watching it closely or now as a member. nothing but excuses. nothing but empty promises. and the time
we have the senate yesterday who chose expansion of the internal revenue service over standing with israel. and what are my republican colleagues doing? they are all too happy to have this vote go down today and get on their airplanes and go home for turkey at thanksgiving. why aren't we putting another bill on the floor of the house and sending it to the senate to say we republicans stand for cutting spending and standing with israel. we republicans stand for securing the border of the united...