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Apr 16, 2015
04/15
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mr. mcdermott: mr. speaker, i yield an additional minute to the gentleman from new jersey. mr. pascrell: thank you. after sitting through 13 hours of our budget markup, i could tell you that this $294.8 billion go a long way in making up for the devastating cuts that the other side of the aisle has inflicted on the other class. it's also important to note that budget -- the budget does not assume, mr. ranking member, the repeal of the estate tax, where the heck are they going to get the $294.8 billion? it assumes a revenue neutral -- i like it when they say it -- a revenue neutral reform. it assumes that revenues will be exactly what c.b.o. projects under current law for the next 10 years. we really have only two conclusions. either this bill is directly contrary to the budget or it's not paid for today. congress will at some point have to sit down -- go down the road pass a tax hike to pay for this massive deficit. you can't have it both ways. i'd like to hear from my good friend, the chairman, what hi
mr. mcdermott: mr. speaker, i yield an additional minute to the gentleman from new jersey. mr. pascrell: thank you. after sitting through 13 hours of our budget markup, i could tell you that this $294.8 billion go a long way in making up for the devastating cuts that the other side of the aisle has inflicted on the other class. it's also important to note that budget -- the budget does not assume, mr. ranking member, the repeal of the estate tax, where the heck are they going to get the $294.8...
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Apr 16, 2015
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mr. mcdermott: mr.er, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i would mention dreamed up by and championed by teddy roosevelt, the same guy the republicans like to hold up as one of the greatest the party ever produced. to help the rich has gone too far. this repeal of the estate tax is nothing more than a massive unfunded tax break for a small sliver of the -- of america's wealthiest families. and is usually the case, this repeal would do nothing to help hardworking middle class families. in nebraska, 52 households would benefit while there are 202,000 people living in poverty. th
mr. mcdermott: mr.er, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i would...
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Apr 16, 2015
04/15
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mr. mcdermott: mr. speaker, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i would mention dreamed up by and championed by teddy roosevelt, the same guy the republicans like to hold up as one of the greatest the party ever produced. to help the rich has gone too far. this repeal of the estate tax is nothing more than a massive unfunded tax break for a small sliver of the -- of america's wealthiest families. and is usually the case, this repeal would do nothing to help hardworking middle class families. in nebraska, 52 households would benefit while there are 202,000 people living in pover
mr. mcdermott: mr. speaker, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i...
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Apr 21, 2015
04/15
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mr. mcdermott: yes, we were.ook at the business every single region of the world was in double-digit growth territory. both with and without the currency effect. the currency effect is very helpful. it took a full percent growth business 224%. in every region we had double-digit growth. what was also exciting in the cloud we had triple-digit growth and that was 131% year over year growth and 207% growth in our new division, the business network, which handles interenterprise computing with labor materials and expenses. we are off to a really nice start. the company is quite pleased with the growth rates. caroline: talk to us a little bit about the cloud. this is a big shift that has been going on. you are really focusing on the cloud element. what about your targets? you said in january that 2 billion euros of cloud that that was existing contracts that would be helping with that. looking at your competitor oracle, they say we will get $1 billion of new cloud contract to can you tell us about what new cloud contr
mr. mcdermott: yes, we were.ook at the business every single region of the world was in double-digit growth territory. both with and without the currency effect. the currency effect is very helpful. it took a full percent growth business 224%. in every region we had double-digit growth. what was also exciting in the cloud we had triple-digit growth and that was 131% year over year growth and 207% growth in our new division, the business network, which handles interenterprise computing with...
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Apr 29, 2015
04/15
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mr. mcdermott. the gentleman from texas, mr. castro. vice president biden: appoints the following senators and members of the committee on the part of the senate to escort his excellency shinzo abe into the chamber. senator from kentucky, mr. mcconnell. the senator from texas, mr. cornyn. the senator from utah, mr. hatch. the senator from wyoming, mr. barrasso. the senator from missouri, mr. blunt. the senator from mississippi mr. economicer. the senator from tennessee, mr. corker. the senator from illinois, mr. durbin. the senator from washington, miss murray. the senator from maryland, mr. cardin. and the senator from hawaii -- the senator from hawaii, ms. hirono. the speaker: members of the escort committee will leave through the lobby doors. >> mr. speaker the acting dean of the diplomatic corps. >> mr. speaker, the president's cabinet. >> mr. speaker the prime minister of japan. the speaker: members of congress i have the high privilege and the distinct honor of presenting to you his excellency shinzo abe prime minister of japan. p
mr. mcdermott. the gentleman from texas, mr. castro. vice president biden: appoints the following senators and members of the committee on the part of the senate to escort his excellency shinzo abe into the chamber. senator from kentucky, mr. mcconnell. the senator from texas, mr. cornyn. the senator from utah, mr. hatch. the senator from wyoming, mr. barrasso. the senator from missouri, mr. blunt. the senator from mississippi mr. economicer. the senator from tennessee, mr. corker. the senator...
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Apr 17, 2015
04/15
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mr. mcdermott: mr. speaker, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i would mention dreamed up by and championed by teddy roosevelt, the same guy the republicans like to hold up as one of the greatest the party ever produced. to help the rich has gone too far. this repeal of the estate tax is nothing more than a massive unfunded tax break for a small sliver of the -- of america's wealthiest families. and is usually the case, this repeal would do nothing to help hardworking middle class families. in nebraska, 52 households would benefit while there are 202,000 people living in pover
mr. mcdermott: mr. speaker, it appears that the -- bipartisan good feeling of the last few weeks are done. after reaching across the aisle to pass important legislation like the doc fix, my republican colleagues are back at their ole tricks of handing out tax breaks to the few at the expense of the many. today's vote to repeal the estate tax is just the republicans' last attempt to tilt the u.s. tax code in favor of the ultrawealthy campaign donors. this week's target is the estate tax, a tax i...
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Apr 17, 2015
04/15
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mr. mcdermott: would you tell us how much time? do you want a minute? i yield two minutes to the gentleman from oregon. pro tempore: the gentleman from oregon is recognized. mr. blumenauer: i appreciate this. this week we have had hundreds and hundreds of business people ,. organized labor, contractors coming to town and pleading with congress to get its act together and enact a six-year comprehensive transportation bill. we have been frozen in place for years. 23 short-term extensions because congress cannot figure out how to provide the resources necessary to deal with a critical situation. america is falling apart and behind. we are caught here in an inability to provide resources to help rebuild america. that is part of the issue. today my republican friends have discovered that there is $270 billion of revenue that somehow the federal government no longer needs. they have decided to give an additional tax cut to people who need the help the least. ironically, for all of the talk about this being a death tax and double taxation, the vast majority of
mr. mcdermott: would you tell us how much time? do you want a minute? i yield two minutes to the gentleman from oregon. pro tempore: the gentleman from oregon is recognized. mr. blumenauer: i appreciate this. this week we have had hundreds and hundreds of business people ,. organized labor, contractors coming to town and pleading with congress to get its act together and enact a six-year comprehensive transportation bill. we have been frozen in place for years. 23 short-term extensions because...
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Apr 15, 2015
04/15
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mr. mcdermott, i would like to know, is there a way that you guys can bring up or at least fix the socialfits for offsetting under pension? like when you retire, especially a federal employee that has been retired and president reagan put that in the fix. i believe january first, 1983 we couldn't offset -- in other words, you offset so much money from your federal pension to your social security, and then you and up with maybe nothing. and that is what usually happens. you can't collect because of that. and what hurt us -- because the federal government had their own retirement plan, they never had to pay into social security because they had their own retirement plan, but you had entitlements to your spouse. two thirds or a third of your spouse's benefits when he retired or when he died. now, it is set up from president reagan we are can't get anything like that. and it really hurts a person when that income is gone. it is like two people working and one person loses a job and can't find another job. or at least another one that pays that much. and your income has really dropped almost t
mr. mcdermott, i would like to know, is there a way that you guys can bring up or at least fix the socialfits for offsetting under pension? like when you retire, especially a federal employee that has been retired and president reagan put that in the fix. i believe january first, 1983 we couldn't offset -- in other words, you offset so much money from your federal pension to your social security, and then you and up with maybe nothing. and that is what usually happens. you can't collect because...