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Nov 9, 2017
11/17
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pascrell. >> thank you, mr. davis. i cannot believe the young lady who i have a great deal of respect for worked on the pass of the budget committee is making the statement that everybody's treated the same. let me tell her what happened in sandy's case. 180 republicans voted no on sandy. that is not to add insult to injury, not only did they vote no, but sandy never got the aid specifics that came from katrina in terms of property damage, insurance, all of that. they're all different. how can you sit there and say -- you, obviously, didn't, number one, read the bill. second, the amendment, i'm sorry. and, second of all, there are so many instances i could point out where -- >> gentleman yield. >> where people got treated differently. sure, go ahead, i'll yield. >> i think we just got this amendment put in front of us a few moments ago. it's a lot to read. if you want to have maybe a recess and we'll read the bill. >> i hope you extended us the same courtesy to read your bill. you know what's g
pascrell. >> thank you, mr. davis. i cannot believe the young lady who i have a great deal of respect for worked on the pass of the budget committee is making the statement that everybody's treated the same. let me tell her what happened in sandy's case. 180 republicans voted no on sandy. that is not to add insult to injury, not only did they vote no, but sandy never got the aid specifics that came from katrina in terms of property damage, insurance, all of that. they're all different....
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Nov 7, 2017
11/17
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pascrell, mr. pascrell. >> this is exactly, so no. so he's going to make us vote on very sensitive political issues. you're going to see numerous bills of these today, ladies and gentlemen, and this is the frustration i have with washington, d.c. and this is where if we can get 80% -- >> you should've asked us before you put the bill together. >> it's my time, mr. pascrell. >> if the gentleman will suspend -- >> this is a difficult, very difficult issue that i have to face, but i'm willing to move the ball forward because i know what's going on here. i am not going to live with this any longer. i am not going to let the 70,000 pages of code sit here and saddle my people back home day in and day out with a code that's broken for the american people. i am not going to watch our american industries go overseas because of our broken tax code any more. and i'm not going to engage in this political theater any longer. so with that, mr. chairman, i can't support this amendment even though i do support the work opportunity tax credit. i do re
pascrell, mr. pascrell. >> this is exactly, so no. so he's going to make us vote on very sensitive political issues. you're going to see numerous bills of these today, ladies and gentlemen, and this is the frustration i have with washington, d.c. and this is where if we can get 80% -- >> you should've asked us before you put the bill together. >> it's my time, mr. pascrell. >> if the gentleman will suspend -- >> this is a difficult, very difficult issue that i have...
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Nov 8, 2017
11/17
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pascrell.thank you, mr. davis. mr. chairman, there are real projects at stake if you insist on doing this. the riverside development of 245 units in my town where i live paterson, new jersey, would be significantly jeopardized because of this highly depended upon tax exempt finance. cliftton, new jersey, just got a letter from the owner of the property, 3,000 units in j jeopardy and you are probusiness. you've got to be kidding me. these bonds are used for public purposes at a time when our infrastructure is crumbling or do we disagree on that? we need more investment not less investment. there is nothing in this tax bill that would directly boost infrastructure. you didn't put a dime in there. >> will the gentleman yield? >> i want to ask you a question. >> sure, ask me anything you wish. >> i thought the gentle woman's amendment relating to low-income housing projects and you're talking about a whole bunch of other projects. >> i'm talking about low income projects. what the heck you think i'
pascrell.thank you, mr. davis. mr. chairman, there are real projects at stake if you insist on doing this. the riverside development of 245 units in my town where i live paterson, new jersey, would be significantly jeopardized because of this highly depended upon tax exempt finance. cliftton, new jersey, just got a letter from the owner of the property, 3,000 units in j jeopardy and you are probusiness. you've got to be kidding me. these bonds are used for public purposes at a time when our...
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Nov 12, 2017
11/17
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pascrell. the youngt believe lady, who i have had a lot of respect for, is making a statement that everybody is treated the same. let me tell her what happened in sandy's case. 180 republicans voted no on sandy. that is not to add insult to injury, not only do they vote no , but sandy never got the aid specific that came from katrina in terms of property damage, insurance, and all of that. we are all different how can you sit there and say? you obviously did not read the the -- the amendment, and second of all there are so many instances i could point out where people got treated differently. >> will the general and yield? >> we just got this amendment put in front of us. it is a lot to read. if you want to have us maybe recess and we will read the bill. >> i hope you extended us the same courtesy to read your bill. >> what is good for one is good for all. that is all i am saying. without to try it once in a while. it exists or doesn't exist. all i am saying is treat everybody the same. the ver
pascrell. the youngt believe lady, who i have had a lot of respect for, is making a statement that everybody is treated the same. let me tell her what happened in sandy's case. 180 republicans voted no on sandy. that is not to add insult to injury, not only do they vote no , but sandy never got the aid specific that came from katrina in terms of property damage, insurance, and all of that. we are all different how can you sit there and say? you obviously did not read the the -- the amendment,...
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Nov 7, 2017
11/17
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pascrell's words about our treasury secretary. >> mr. pascrell, could i just remind you this is. >> this is not off my time, rig right? >> right. just color close to the lines but don't cross the lines. >> thank you, gentlemen. >> i'm not crossing the lines. anything like that is a harmful to my state, that statement, that state of west virginia or any state, god bless west virginia, i love west virginia, subsidizing the state of new jersey or connecticut or new york is absurd, mr. chairman. and he said that on the record, and i want to correct the record. that's the first time i ever heard anybody in the federal government, democrat, republican, independent, ever say that. and i'm annoyed. and the people of new jersey are annoyed. we are donor state. and that means something in the specific numbers. may i continue? >> of course. it's your time. >> as a mayor, as a former mayor, i know municipalities across the country rely on state and local property taxes. and sales tax and revenue. in fact, this piece of legislation was existing durin
pascrell's words about our treasury secretary. >> mr. pascrell, could i just remind you this is. >> this is not off my time, rig right? >> right. just color close to the lines but don't cross the lines. >> thank you, gentlemen. >> i'm not crossing the lines. anything like that is a harmful to my state, that statement, that state of west virginia or any state, god bless west virginia, i love west virginia, subsidizing the state of new jersey or connecticut or new...
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Nov 14, 2017
11/17
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pascrell: thank you, mr. speaker. this is the final amendment to the bill which will not kill the bill or send it back to the committee. if adopted, the bill will immediately proceed to final passage, as amended. mr. speaker, this amendment would require fema administrator and the d.h.s. inspector general to certify that all claims for victims of superstorm sandy are addressed before this bill takes effect. many in this chamber should recall five years ago superstorm sandy caused widespread destruction throughout new jersey and many states in the northeast. superstorm sandy went up the east coast, bringing death and destruction. over 200 people in the united states and the caribbean died, and the storm caused more than $71 billion in damage. sandy swamped coastline communities. it knocked out power for millions of people and businesses, flooded public transit systems and set neighborhoods ablaze. many sandy victims have begun down the road of recovery, but five years later, many victims and communities are still waiti
pascrell: thank you, mr. speaker. this is the final amendment to the bill which will not kill the bill or send it back to the committee. if adopted, the bill will immediately proceed to final passage, as amended. mr. speaker, this amendment would require fema administrator and the d.h.s. inspector general to certify that all claims for victims of superstorm sandy are addressed before this bill takes effect. many in this chamber should recall five years ago superstorm sandy caused widespread...
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Nov 8, 2017
11/17
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pascrell. >> thank you, the project i mentioned a little while ago, in clifton, new jersey, it said part of a building which is being built for 92 seniors, however, they can't purchase the property, so this bill would go into effect after december 31st. this person would not have purchased the property. all the paperwork has been done. and there are 3,000 senior applications for the 92 spots. this may be just a small example of what we're talking about here. and it is dependent, this project, on private activity bonds. this is not someone who has just come in lately. outstanding, perfect record on housing. delivers when they're supposed to deliver. and delivers for seniors. what do we say to this person? you know the anxiety that's going to be created over this? there's a tremendous amount of -- that's the last thing the senior needs. besides wondering what his rent's going to be, he doesn't need the anxiety. nor do builders need that anxiety. that's what we're creating here. so we're talking a
pascrell. >> thank you, the project i mentioned a little while ago, in clifton, new jersey, it said part of a building which is being built for 92 seniors, however, they can't purchase the property, so this bill would go into effect after december 31st. this person would not have purchased the property. all the paperwork has been done. and there are 3,000 senior applications for the 92 spots. this may be just a small example of what we're talking about here. and it is dependent, this...
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Nov 9, 2017
11/17
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pascrell is submitting. i've been asked often in the poor district that i represent with an average searle of before $35,000 to $40,000 and what a lot of farming communities, a lot of family farms. and one of the things that greatly concerns me about those farms is we recently had a represent sans in american energy. the shale formation across, shale formations across america have resulted in tremendous amounts of value being attributable to those mineral and oil and natural gas rights in the estates. now in our great state of new york, whatever wisdom, our governor took that property right away from my farmers, the folks that were relying on that land value, those resources in order to maybe generate a little revenue, take a little bit of the edge off of their day to day operations by banning access to that natural gas. but my concern and i've never heard a clear answer from folks in this world is those mineral rights, those natural gas rights, how is the irs going to value those and put a value on those re
pascrell is submitting. i've been asked often in the poor district that i represent with an average searle of before $35,000 to $40,000 and what a lot of farming communities, a lot of family farms. and one of the things that greatly concerns me about those farms is we recently had a represent sans in american energy. the shale formation across, shale formations across america have resulted in tremendous amounts of value being attributable to those mineral and oil and natural gas rights in the...
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Nov 7, 2017
11/17
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pascrell's amendment does. it brings us back to where we were in 1913, when we established the irs code and we said that this would be first and foremost a means in which there would not be double taxation on states. that's why i strongly support the pascrell amendment. >> ms. sanchez. >> thank you, mr. chairman. i also rise in support of mr. pascrell's amendment to protect the deduction for state and local taxes. which taxpayers have depended on for more than 100 years since the creation of the income tax in 1913. this deduction prevents americans from having their income taxed twice. first, by a state or local government and then by federal government. in california, more than 82% of the 6.1 million households that claim the state and local deduction earn less than $200,000 per year. the vast majority of these taxpayers depend on the deduction in order to afford their homes. and compared with other common deductions, s.a.l.t. has a larger impact than the deductions for both charitable giving and mortgage inte
pascrell's amendment does. it brings us back to where we were in 1913, when we established the irs code and we said that this would be first and foremost a means in which there would not be double taxation on states. that's why i strongly support the pascrell amendment. >> ms. sanchez. >> thank you, mr. chairman. i also rise in support of mr. pascrell's amendment to protect the deduction for state and local taxes. which taxpayers have depended on for more than 100 years since the...
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Nov 28, 2017
11/17
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pascrell: thank you. according to the badge of life, a group that studies posttraumatic stress disorder among police, we've heard tonight of how many suicides we're talking about. tragically many police officers with ptsd are not even aware they have the problem. often they remain on their beat during the job without help or support. by discussing the importance of improfblinging an officer's mental health, we can -- improving an officer's mental health, we can reduce the stigma around mental health issues and the law enforcement community. i think that this bill will between he connections local mental health professionals and law enforcement. thank you. the speaker pro tempore: the gentleman's time has expired. the gentlelady from texas reserves. the gentleman from virginia reserves. the gentlelady from texas. ms. jackson lee: mr. chairman, et me as we know that they do. they may not yield to it. may not know it. go right into serving whether they are fire or police, they go right into serving the commu
pascrell: thank you. according to the badge of life, a group that studies posttraumatic stress disorder among police, we've heard tonight of how many suicides we're talking about. tragically many police officers with ptsd are not even aware they have the problem. often they remain on their beat during the job without help or support. by discussing the importance of improfblinging an officer's mental health, we can -- improving an officer's mental health, we can reduce the stigma around mental...
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Nov 10, 2017
11/17
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pascrell. i want to enter into the record, i do misers in in newe, itemizers dollars inage 31,800 total deductions, which includes medical and casualty. these are the latest figures from 2015, we are getting the figures from 2016, which will be higher. that is the average introductions. -- in deductions. from 70% tout going 95%, you have to take these things into consideration. please do that. we are talking about 5200 families in the united states while my constituents are double taxed because of what you are going to do in this piece of legislation. that is fairness? we will have to change the definition of the world -- the word. i yield back. mr. brady: does anyone wish to speak on the amendment? i recognize myself. noams representative passionate leadership on this, i let this for a number of years. i want to address the idle rich and special interest. family farm in livingston, texas, three times her loved ones have died. grandfather, father and husband. three times, uncle sam shows up and
pascrell. i want to enter into the record, i do misers in in newe, itemizers dollars inage 31,800 total deductions, which includes medical and casualty. these are the latest figures from 2015, we are getting the figures from 2016, which will be higher. that is the average introductions. -- in deductions. from 70% tout going 95%, you have to take these things into consideration. please do that. we are talking about 5200 families in the united states while my constituents are double taxed because...
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Nov 10, 2017
11/17
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[ applause ] later pascrell implored a republican congressmen from new york, tom reed, to work with himrn your back on these guys. >> i'm not turning my back on them. and would the gentleman yield? >> yeah, sure. >> you know i love you. and i'm -- i work with you -- >> prove it! [ laughter ] >> seth: "yeah, prove it! treat me like a tiny postcard." [ laughter and applause ] so republicans want to eliminate a series of tax write-offs and deductions that affect working and middle class taxpayers in order to pay for their corporate tax cut. but there is at least one controversial tax break they are leaving completely untouched. now, think of the most donald trump-friendly tax break you can possibly imagine. a tax break that seems almost like it was designed specifically to benefit donald trump. okay, thought of it? everybody have it in your head? okay. here it is. a tax break for golf course owners. [ laughter ] that's right. there's a tax break for golf course owners, and republicans are leaving it intact. the only thing that can be more beneficial to donald trump is a tax break that let'
[ applause ] later pascrell implored a republican congressmen from new york, tom reed, to work with himrn your back on these guys. >> i'm not turning my back on them. and would the gentleman yield? >> yeah, sure. >> you know i love you. and i'm -- i work with you -- >> prove it! [ laughter ] >> seth: "yeah, prove it! treat me like a tiny postcard." [ laughter and applause ] so republicans want to eliminate a series of tax write-offs and deductions that...
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Nov 16, 2017
11/17
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pascrell. mr. pascrell: i'd like to enter two things into the record with your permission. the speaker pro tempore: without objection. mr. pascrell: one is a letter from the pra ternal -- raternal order of police coming out against this bill because it la effect their members in a very, very -- it will affect their members a very, very terrible way. article in "the new york times" today. the speaker pro tempore: the chair would advise both sides for the record to limit the editorial content. or risk being charged for the time. the gentleman is recognized. mr. pascrell: if it wasn't bad enough, mr. speaker, i come over on this side for reason, i got many brothers and sisters who i love here. but this is a terrible bill. unanimous consent here. the real price of this bill is idden. $30 billion in interest on the debt every year. who pays this? if $30 billion in interest it were taxes that people have to pay today and our children and our grandchildren, beyond that the real price of this bill is further hidden. temporary family flexibility credit expires after five years. temp
pascrell. mr. pascrell: i'd like to enter two things into the record with your permission. the speaker pro tempore: without objection. mr. pascrell: one is a letter from the pra ternal -- raternal order of police coming out against this bill because it la effect their members in a very, very -- it will affect their members a very, very terrible way. article in "the new york times" today. the speaker pro tempore: the chair would advise both sides for the record to limit the editorial...
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Nov 6, 2017
11/17
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pascrell was hugging you, and he'll have to deny that some day, our committee is just so much better off because of you. our congress certainly is and certainly the constituents of ohio are blessed like no other, so thank you, friend. dr. davis, if you wish, you're recognized to strike the last word. >> thank you, mr. chairman. it's always difficult to say good-bye especially when you're doing something that you like to do. mr. chairman, this bill we are discussing and debating takes hundreds of billions of dollars away from hard working struggling families to line the pockets of corporate special interest and the most wealthy in our country. real families will lose under this bill by exploding the deficit, this bill triggers cuts next year to medicare, medicaid, other safety net programs as well as makes college costs increased, increase in student loan origination fees, making it difficult for those who have student debt to pay it off while corporate special interests can immediately write off all of their expenses and enjoy in perpetuity tax benefits for their next net operating l
pascrell was hugging you, and he'll have to deny that some day, our committee is just so much better off because of you. our congress certainly is and certainly the constituents of ohio are blessed like no other, so thank you, friend. dr. davis, if you wish, you're recognized to strike the last word. >> thank you, mr. chairman. it's always difficult to say good-bye especially when you're doing something that you like to do. mr. chairman, this bill we are discussing and debating takes...
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Nov 7, 2017
11/17
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pascrell, you're recognized to speak on the amendment. >> with your permission, mr. chairman, through the chair, mr. barthold, a question. i would like to know specifically what is in the bill, we're talking about offshoring now, what is in the bill that you would consider incentivizes american corporations to bring jobs back to the united states? that's my first question. what actually incentivizes these corporation corporations -- we all have a list of these corporations -- what incentivizes them to bring the jobs back to colorado, new jersey, new york, florida? alabama? tell me. >> thank you, mr. pascrell. >> you're welcome. >> we think of the economics of this as that jobs, if you're thinking of manufacturing or research, development, as following as being complementary to investments. so it's in part where is there an incentive to invest, whether it's to build a research lab, a factory headquarters operation. so the incentives can be affected by after-tax returns. you ask what incentives there might be in hr-1 that would encourage investment in the united states
pascrell, you're recognized to speak on the amendment. >> with your permission, mr. chairman, through the chair, mr. barthold, a question. i would like to know specifically what is in the bill, we're talking about offshoring now, what is in the bill that you would consider incentivizes american corporations to bring jobs back to the united states? that's my first question. what actually incentivizes these corporation corporations -- we all have a list of these corporations -- what...
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Nov 7, 2017
11/17
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pascrell: thank you. everyone is telling me that this will double the standard to do. you just heard it from my brother from ohio. can you tell me what the standard deduction will be for a married couple under this irresponsible bill? mr. barthold: for next year, 24,000. thank you.ll: is $24,000 less or more than $26,000? it is less. $1600 is a lot of money for most people. i represent firefighters, i represent police officers, i represent teachers, seamstresses, economists. i represent those people. they didn't write those books that you have in front of you. they are corporate lawyers. they wrote them. we are here to represent all the people. corporate lawyers, teachers, doctors. can we all agree that we were misled? the american people, by falsely claiming this bill doubles the standard deduction over these four days? and i also ask about a personal exemption? the bill a limited personal exemptions, current? mr. barthold: correct. rep. pascrell: thank you. for a married couple with two children, let's get down to the nitty-gritty. the current standard deduction pers
pascrell: thank you. everyone is telling me that this will double the standard to do. you just heard it from my brother from ohio. can you tell me what the standard deduction will be for a married couple under this irresponsible bill? mr. barthold: for next year, 24,000. thank you.ll: is $24,000 less or more than $26,000? it is less. $1600 is a lot of money for most people. i represent firefighters, i represent police officers, i represent teachers, seamstresses, economists. i represent those...
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Nov 12, 2017
11/17
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pascrell no. mr. crowley no. mr. davis no. ms. sanchez no. mr. higgins no. ms. sewell. ms. sewell no. ms. delbene no. ms. chu no. chairman brady. mr. brady: aye. the clerk: chairman brady aye. mr. chairman. 24 yeas, 16 nays. mr. brady: on this vote the ayes have 24. the nays are 16. h.r. 1 as amended is favorably reported to the house of representatives. without objection, i ask the staff be authorized to make technical and conforming changes to the bill and the members will have five days to submit views. before we adjourn, i also like to take the moment to thank the members of this committee for their tireless hours of work on the tax cuts and jobs act. i'd also like to thank the brilliant draftors, the house office of legislative council who have been working on this bill for many months. and thanks to the hardworking team of joint committee on taxation. attorneys, accountants, economists, staff who advise us and our staff without whom none of this would be even possible. the bill is passed. the committee is adjourned. [applause] [captioning performed by the national cap
pascrell no. mr. crowley no. mr. davis no. ms. sanchez no. mr. higgins no. ms. sewell. ms. sewell no. ms. delbene no. ms. chu no. chairman brady. mr. brady: aye. the clerk: chairman brady aye. mr. chairman. 24 yeas, 16 nays. mr. brady: on this vote the ayes have 24. the nays are 16. h.r. 1 as amended is favorably reported to the house of representatives. without objection, i ask the staff be authorized to make technical and conforming changes to the bill and the members will have five days to...
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Nov 9, 2017
11/17
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pascrell no. mr. crowley no. mr. davis no. ms. sanchez no. mr. higgins no. ms. sewell. ms. sewell no. ms. delbene no. ms. chu no. chairman brady. mr. brady: aye. the clerk: chairman brady aye. mr. chairman. 24 yeas, 16 nays. mr. brady: on this vote the ayes have 24. the nays are 16. h.r. 1 as amended is favorably reported to the house of representatives. without objection, i ask the staff be authorized to make technical and conforming changes to the bill and the members will have five days to submit views. before we adjourn, i also like to take the moment to thank the members of this committee for their tireless hours of work on the tax cuts and jobs act. i'd also like to thank the brilliant draftors, the house office of legislative council who have been working on this bill for many months. and thanks to the hardworking team of joint committee on taxation. attorneys, accountants, economists, staff who advise us and our staff without whom none of this would be even possible. the bill is passed. the committee is adjourned. [applause] [captions copyright national cable satell
pascrell no. mr. crowley no. mr. davis no. ms. sanchez no. mr. higgins no. ms. sewell. ms. sewell no. ms. delbene no. ms. chu no. chairman brady. mr. brady: aye. the clerk: chairman brady aye. mr. chairman. 24 yeas, 16 nays. mr. brady: on this vote the ayes have 24. the nays are 16. h.r. 1 as amended is favorably reported to the house of representatives. without objection, i ask the staff be authorized to make technical and conforming changes to the bill and the members will have five days to...
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Nov 9, 2017
11/17
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pascrell. >> the riverside development of the 20 to 45 units in my town where i live in paterson new jersey would be significantly jeopardized because it is highly dependent upon tax issues. they got a letter from the owner of the property at the time when the infrastructure is crumbling we need more investment not le less. what a gentle man yield. >> what do you think i'm talking about? your growing off on a tangent about infrastructure and everybody yells. i think the ladies amendment was on low income credits. >> that was very -- >> thank you mr. chairman. i keep scratching my head when i got to the part of hr one. the new market tax credits. the private activity bonds has been in the tax code for 103 years for the public facilities, the users are accomplic countles >> these are programs that support seniors, farmers finance bond and will income housing tax credit is a proven policy we should be building on because leaving it intact if we illuminate the bond we are weakening the way the credit f for. we have a choice to make and forcing more people to sleep on the streets and let
pascrell. >> the riverside development of the 20 to 45 units in my town where i live in paterson new jersey would be significantly jeopardized because it is highly dependent upon tax issues. they got a letter from the owner of the property at the time when the infrastructure is crumbling we need more investment not le less. what a gentle man yield. >> what do you think i'm talking about? your growing off on a tangent about infrastructure and everybody yells. i think the ladies...
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Nov 6, 2017
11/17
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pascrell. mr. pascrell, yes. mr. crowelly. mr. crowley, aye. mr. davis, mr. davis, aye. ms. sanchez. ms. sanchez, aye. mr. higgins. mr. higgins, yes. mr. sewell. ms. sewell, yes. ms. delbene. ms. delbene, aye. ms. chu, ms. chu, aye. chairman brady. chairman brady, no. mr. chairman. >> record the vote. >> 16 ayes. 24 nays. >> the motion to postpone is not agreed to. you're recognized for a technical description of the amendment. again, i asked our members hold their questions until after his presentation. >> thank you, mr. chairman. and members of the committee. you have before you several documents prepared by the staff of the joint committee on taxation, jcx-50 which describes the underlying legislation, and jcx-48 describing the modifications made in the amendment. you also have supplemental information. our revenue analysis and distribution analysis. there are many changes in this legislation, and i will try to give an overview of a number of the important points. on the individual income tax, hr-1 would change our system to provide that there be four tax brackets of 12%,
pascrell. mr. pascrell, yes. mr. crowelly. mr. crowley, aye. mr. davis, mr. davis, aye. ms. sanchez. ms. sanchez, aye. mr. higgins. mr. higgins, yes. mr. sewell. ms. sewell, yes. ms. delbene. ms. delbene, aye. ms. chu, ms. chu, aye. chairman brady. chairman brady, no. mr. chairman. >> record the vote. >> 16 ayes. 24 nays. >> the motion to postpone is not agreed to. you're recognized for a technical description of the amendment. again, i asked our members hold their questions...
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Nov 8, 2017
11/17
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pascrell? >> is that it double standard if we are asking families to give up this ability to deduct a deduction that has been available to them since 1863 and we are asking corporations as i understand it that you don't have to do this. we are doing it for families because we are going to make up that money that they are not able to deduct like doubling the standard deduction. what are we saying to corporations? help the understand this mr. barthold. >> well i can explain the principle behind the deduction or businesses for expenses that they incur if you are trying to measure the income of the business after all costs, all usual in reasonable costs. that is the standard that is applied. >> so it's a different standard than for families using that deduction. is that correct? >> that's the standard for business. >> and it's been the standard for some 100 odd years? >> we haven't had the income tax that long but in measuring business income that has been the standard pretty much for that time tha
pascrell? >> is that it double standard if we are asking families to give up this ability to deduct a deduction that has been available to them since 1863 and we are asking corporations as i understand it that you don't have to do this. we are doing it for families because we are going to make up that money that they are not able to deduct like doubling the standard deduction. what are we saying to corporations? help the understand this mr. barthold. >> well i can explain the...
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Nov 15, 2017
11/17
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pascrell was born in naples, italy, in 1963. a resilient worker and passionate chef, he worked in the restaurant industry in italy before marrying his wife. the g that defines the people having two children, they decided to leave italy with his young family and come to the united states. he settled in pennsylvania and opened a restaurant, pasta elden at this. soon after he welcomed his third child. after spending a short while back in italy he returned to the united states. a family man, he had two more sons. he opened a restaurant in 2009 where his incredible talent led to great success and allowed him open aqua elfarina an authentic pizzaria in 2017. he crossed oceans to pursue his dreams. he works tirelessly to put a smile on people's faces through the food he makes. and, mr. speaker, our community and our nation are better people like him. . people like him. mr. speaker, i rise today to recognize the first responders of bucks county. recently i was privileged to speak to nearly 300 first responders at the 45th central bucks
pascrell was born in naples, italy, in 1963. a resilient worker and passionate chef, he worked in the restaurant industry in italy before marrying his wife. the g that defines the people having two children, they decided to leave italy with his young family and come to the united states. he settled in pennsylvania and opened a restaurant, pasta elden at this. soon after he welcomed his third child. after spending a short while back in italy he returned to the united states. a family man, he had...
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Nov 14, 2017
11/17
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pascrell who went through the sandy superstorm. it is incredible to me we had a number of democrats and republicans that wanted to reform the flood insurance program in an effective way based on their experiences, not some ideology but based on their experiences on the storms that impacted our districts and the rules committee denied every one of those amendments. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from alabama is recognized. mr. byrne: i would point out to the gentleman the democrats have highlighted a number of amendments made during the firings first session of the 115th congress. they blocked 3,000 amendments with 2,400 occurring in the first session. so far be it from the case that republicans are blocked a number of amendments. we block far less amendments than our democratic colleagues did when they were in control of the house. i yield three minutes to a member of the rules committee, the gentlewoman from wyoming, ms. cheney. the speaker pro tempore: the g
pascrell who went through the sandy superstorm. it is incredible to me we had a number of democrats and republicans that wanted to reform the flood insurance program in an effective way based on their experiences, not some ideology but based on their experiences on the storms that impacted our districts and the rules committee denied every one of those amendments. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from alabama is recognized....
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Nov 8, 2017
11/17
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that's why i strongly support the pascrell amendment.lso in support to protect the deduction for state and local taxes which th the taxpays depended on for more than 100 years in 1913. this deduction prevents americans from having their income taxed twice first by state or local government and then by federal government. in california, more than 82% of the 6.1 million households that claimed the deduction unless than 200,000 plus per year. the vast majority depend on the deduction in order to afford a home. it has a larger impact than the deduction for charitable giving and mortgage interest combined so it is a deduction of metal income families rely on in order to be able to afford their homes and it is a myth that it is just a tax break for california or new york or connecticut repealing the state and local tax deduction would hurt working families in every community because it is claimed in every state not just the high cost of living but the deduction claimed in every state so every state has middle income families that will be hurt
that's why i strongly support the pascrell amendment.lso in support to protect the deduction for state and local taxes which th the taxpays depended on for more than 100 years in 1913. this deduction prevents americans from having their income taxed twice first by state or local government and then by federal government. in california, more than 82% of the 6.1 million households that claimed the deduction unless than 200,000 plus per year. the vast majority depend on the deduction in order to...
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Nov 7, 2017
11/17
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pascrell was hugging you. he will have to deny that someday. dr. davis, if you wish, you are recognized to strike the last word. asked you why mr. chairman. thankalways good to -- >> you, mr. chairman. it is always good. we are discussing in debating. of billions of dollars taken away from hard-working, struggling families. lining the pockets of corporate special interests and the most wealthy and our country. real families will lose under this bill. exploding the deficit, this build triggers cuts next year. medicare, medicaid, other safety net programs as well as makes college costs increase. increases in student loan origination fees. making it difficult for those who have student debt to pay it .ff while corporate special interests can immediately write off all of their expenses individually in perpetuity tax benefits for their next net operating losses. while seniors will lose the ability to write off high ofical costs, victims disaster will lose the ability to claim casualty losses. teachers lose the ability to write off the hundreds of dollar
pascrell was hugging you. he will have to deny that someday. dr. davis, if you wish, you are recognized to strike the last word. asked you why mr. chairman. thankalways good to -- >> you, mr. chairman. it is always good. we are discussing in debating. of billions of dollars taken away from hard-working, struggling families. lining the pockets of corporate special interests and the most wealthy and our country. real families will lose under this bill. exploding the deficit, this build...
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Nov 7, 2017
11/17
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[laughter] pascrell, i would ask -- >> i apologize. >> we know things get heated. that would have crossed the line on the core of in the rules of committee in the house, so let's take a step back. wouldwas sometime taken, you like another 15 seconds to conclude? >> thank you. mr. escrow is a fiv friend of mine and i kn he is speaking out of turn, but this is not going to hurt. on this does is go back and does a comparison of wages to those that are reported, something that was done a long time ago, and now even the irs commissioner has said this is a reasonable way of assuring -- in the end, this is a good piece of legislation that i think even you would agree with because people do not want to see -- it is tough enough that we give the united states government money, that we are taking a from taxpayers, they don't want to see and wasted. i yield back. >> the gentleman's time has expired. here is my intention. dr. davis is next in line to speak. my intention is after dr. davis bartow,r questions mr. we will reset for a vote on the house floor. we'll immediately rec
[laughter] pascrell, i would ask -- >> i apologize. >> we know things get heated. that would have crossed the line on the core of in the rules of committee in the house, so let's take a step back. wouldwas sometime taken, you like another 15 seconds to conclude? >> thank you. mr. escrow is a fiv friend of mine and i kn he is speaking out of turn, but this is not going to hurt. on this does is go back and does a comparison of wages to those that are reported, something that was...
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Nov 21, 2017
11/17
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pascrell, i'll go to you first for three minutes. >> thank you, chairman burgess. ranking member green. i don't have to tell you or anyone here that opiate abuse and misuse is one of our country's fastest growing problems. it is also one of the most vexing problems we face. and there are no simple solutions. prescription drugs serve a valid medical purpose. but many of them carry a high risk of addiction and abuse. many of my colleagues have good ideas about steps we can take to address opiate abuse and misuse, so i commend you for giving us the opportunity to share them. today, i would like to share some information about a program that was developed and is in use at my hometown hospital, st. joseph's regional medical center in paterson, new jersey. as the busiest emergency department in the state of new jersey, st. joe's commitment to reducing abuse can serve, i believe, as a model for emergency departments across the state and across the country. we need to recognize that emergency departments are in a unique position with respect to prescription drug abuse. on
pascrell, i'll go to you first for three minutes. >> thank you, chairman burgess. ranking member green. i don't have to tell you or anyone here that opiate abuse and misuse is one of our country's fastest growing problems. it is also one of the most vexing problems we face. and there are no simple solutions. prescription drugs serve a valid medical purpose. but many of them carry a high risk of addiction and abuse. many of my colleagues have good ideas about steps we can take to address...
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Nov 7, 2017
11/17
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pascrell is a friend of mine. i know he is just speaking out of turn here, but this is not going to hurt. all this does is go back and does a comparison of wages to those that are reported. something that was done a long time ago and now even the irs commissioner has said this is a reasonable way of assuring that we make sure fraud and abuse doesn't occur. in the end. this is a good piece of legislation that i think even you would agree with because people do not want to see -- it's tough enough that we give the united states government money, we're taking it from taxpayers. they don't want to see it wasted and go in the other direction. i yield back. >> dr. davis is next in line to speak. my intention is after dr. davis speaks or questions mr. barthold. we will recess for votes on the house floor. we will immediately reconvene here, finish the amendment and questioning and vote tonight. so, dr. davis, you are recognized to strike the last word on the amendment. >> yield. >> gentleman yields. >> mr. chairman, in r
pascrell is a friend of mine. i know he is just speaking out of turn here, but this is not going to hurt. all this does is go back and does a comparison of wages to those that are reported. something that was done a long time ago and now even the irs commissioner has said this is a reasonable way of assuring that we make sure fraud and abuse doesn't occur. in the end. this is a good piece of legislation that i think even you would agree with because people do not want to see -- it's tough...