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Feb 16, 2018
02/18
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>> well, we have a massive effort to irs to implement the new tax bill. it touches everything from forms that were updating to make them user-friendly to customer service, to technology, and we are putting out guidance every week in an effort to help taxpayers understand and provide certainty. so, we're very focused on that. >> thank you. we all look forward to working with you to educate the public on the new tax code. in closing, building on last year's accomplishments, the house has passed two bills with overwhelming bipartisan support to boost competitiveness of u.s. companies. a renewal of dsp and mtb. there's more we need to do in partnership with the administering. want to finish this work with a successful nafta update and a fully operational export-import bank. an estimated tens of billions of dollars of deals for the u.s. companies are waiting in the bank's pipeline if yield back. >> thank you, mr. reichert. mr. lewis,. >> thank you, mr. chairman. mr. secretary, i agree with mr. neil, the budget is a reflection of our values and our priorities.
>> well, we have a massive effort to irs to implement the new tax bill. it touches everything from forms that were updating to make them user-friendly to customer service, to technology, and we are putting out guidance every week in an effort to help taxpayers understand and provide certainty. so, we're very focused on that. >> thank you. we all look forward to working with you to educate the public on the new tax code. in closing, building on last year's accomplishments, the house...
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Feb 15, 2018
02/18
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so we are very pleased with the work done with the irs. >> mr. secretary following world war ii negotiating to have multiemployer pension plans promising not long-term financial security and that more than 1 million americans are now facing insolvency it is critical we address the crisis and those retirement accounts that are at risk and low interest rates to pay retiree benefits having that money from the private sector it does not allow for benefit cuts to have a pension regulation a large number of experts in the field to provide resources and other support to develop a solution if we speak to become another part of the crisis of retirement security. >> thank you very much the treasury does play a significant role but with a limited ability to approve certain changes. and to be more than pleased to provide technical assistance as congress looks at solutions. >> mr. secretary, welcome. the budget includes a proposal to stop individuals who are not authorized to work from claiming the child tax credit. i long have had a proposal requiring a soci
so we are very pleased with the work done with the irs. >> mr. secretary following world war ii negotiating to have multiemployer pension plans promising not long-term financial security and that more than 1 million americans are now facing insolvency it is critical we address the crisis and those retirement accounts that are at risk and low interest rates to pay retiree benefits having that money from the private sector it does not allow for benefit cuts to have a pension regulation a...
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Feb 16, 2018
02/18
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the new rules are put up by the irs. people know i want to thank you for your involvement in helping us move that through. it's not surprising to see the other economic indicators trending in a positive direction. private-sector investment was up 8.8% in the last quarter compared to the growth of less than 1% in the first quarter. mr. secretary, there's no doubt in my mind that businesses large and small are making these investments in anticipation of tax reform passing. those investments are resulting in the economy. it also means i'll hire more people and increasing productivity. these are positive economic impacts helping taxpayers across the country. i look forward to continuing to open the newspaper to hear positive stories on television and how the tax reform legislation is now locked. >> thank you were touching on areas and one that you have a great deal of influence on it deals with the supervision of the financial crimes enforcement network. i appreciate your testimony and they recognize the challenges where we
the new rules are put up by the irs. people know i want to thank you for your involvement in helping us move that through. it's not surprising to see the other economic indicators trending in a positive direction. private-sector investment was up 8.8% in the last quarter compared to the growth of less than 1% in the first quarter. mr. secretary, there's no doubt in my mind that businesses large and small are making these investments in anticipation of tax reform passing. those investments are...
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Feb 23, 2018
02/18
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there's this turf battle between treasury and irs and omb on how to deal with regulations on the tax code. how's this roll out as going as smoothly as -- >> let me comment first of all, the calculator is on track. i think it is being released next week. it is being released next week. i think were going to give the president a demonstration of this. and again i just emphasize i think the rollout of the tax plan, with a very close coordination between the irs and argument treasury and the white house and the omb. i think there have been some articles about a memorandum of understanding that treasury has had for 30 years with omb. but again i assure you that mick mulvaney and i are working very closely together, and to the extent that makes sense to reconsider how things have been done over the last 30 years, we are already doing that. >> the impact the past administrations will talk about the deficit and debt have let it go to hell i believe were his words. the projections are still close to trillion dollar deficits that will be ratcheted up in the future years. the administration --
there's this turf battle between treasury and irs and omb on how to deal with regulations on the tax code. how's this roll out as going as smoothly as -- >> let me comment first of all, the calculator is on track. i think it is being released next week. it is being released next week. i think were going to give the president a demonstration of this. and again i just emphasize i think the rollout of the tax plan, with a very close coordination between the irs and argument treasury and the...
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Feb 1, 2018
02/18
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my question is do you commit to fixing this fundamentally flawed irs advisory and stopping the irs from changing rules in the middle of the game for working families? >> i don't think it was confusing. the intention for the irs was to put something out the clarified. >> do you suggest that advisory is right? yes i do. >> how is it possible that it is right when those at legislative text is as clear as day, section 11, 11042 specifically prohibits 2018 state and local income taxes from being prepaid and deducted from federal income taxes in 2017. it is silent on the prepayment and deduction of property taxes. whether that exclusion was included intentionally or because of the secretive and rushed process by which the bill became law the legislative text through its deafening silence is loud and clear on this topic and that means the irs advisory clearly contradicts the law and is nothing more than a backdoor attempt to get these people who should be able to deduct their property taxes when they paid it. >> with the irs advisory did is the third it to the legal position of the state and i
my question is do you commit to fixing this fundamentally flawed irs advisory and stopping the irs from changing rules in the middle of the game for working families? >> i don't think it was confusing. the intention for the irs was to put something out the clarified. >> do you suggest that advisory is right? yes i do. >> how is it possible that it is right when those at legislative text is as clear as day, section 11, 11042 specifically prohibits 2018 state and local income...
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Feb 2, 2018
02/18
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in the irs context. they are generally applicable rules. the our perspective. i'm not sure that there's any challenge there. you would need a much bigger staff if you are looking at a lot of these rules. it is a little bit different. the goal of the tax is to raise a million dollars. as a transfer. it gets spent somewhere. you can argue about whether it is spent while. that is a public finance literature. it is contained. the broader point is that it does create some challenges in the even a4 has a way of accounting for transfer rules. as a totally different from rules that we might see in other contexts. we have always ways also to account for that. i'm get a turn to the crowd in a few minutes but i wanted to call on a few more questions about transparencies. i think they just launched an investigation on the prevalence of fake comments on proposed rules. finding that there are a number of fake comments that are flooding the notice and comment process. is this something that surprised you. is it something that you had encountered. you are on alert for. how are
in the irs context. they are generally applicable rules. the our perspective. i'm not sure that there's any challenge there. you would need a much bigger staff if you are looking at a lot of these rules. it is a little bit different. the goal of the tax is to raise a million dollars. as a transfer. it gets spent somewhere. you can argue about whether it is spent while. that is a public finance literature. it is contained. the broader point is that it does create some challenges in the even a4...
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Feb 8, 2018
02/18
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responsibility to run these t departments but for them to apologize for those determinations in the irs case that apology was unnecessary and unfounded and inconsistent with the responsibilities somebody who seeks to the great justice department should have done. >> my question is a two-parter about your successor. >> she has a lot of rules. [laughter] general sessions wants to take a very hard line on marijuana andna senator grassley has a revolutionary bill people have praised on both sides of the spectrum but general sessions doesn't team to want to embrace prison reform so your thoughts particularly with regard to the grassley bill? >> with marijuana we got it right to the justice department has limited resources when you try to decide how to deploy those resources what places will you place emphasis the memorandum said essentially really will elect a state will just let the state experiment but put up guardrails it was very explicit dealing with marijuana to minors, the transportation across state lines there are eight or ninegh factors if you cross those then there will be federal
responsibility to run these t departments but for them to apologize for those determinations in the irs case that apology was unnecessary and unfounded and inconsistent with the responsibilities somebody who seeks to the great justice department should have done. >> my question is a two-parter about your successor. >> she has a lot of rules. [laughter] general sessions wants to take a very hard line on marijuana andna senator grassley has a revolutionary bill people have praised on...
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Feb 8, 2018
02/18
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the apology when it comes to irs, is typical of what we see in this administration. not giving support to people in the department, and the investigative agencies within the department. his do a good job and make tough calls. sometimes those calls do not satisfy people on one side of the political spectrum or the other but i think at the end of the day they are to be respected and certainly ought to be respected of the people have the responsibility to run these departments. the notion that the justice department needed to apologize for what career people made determinations career people made in the irs case, that apology was unnecessary, unfounded. and inconsistent it seems to me with responsibilities that somebody would seek to leave the great justice department would have done. >> -- >> thank you. my question is two-part. one actually about your successor. there are a lot of rules! you will not prosecute. [laughter] i still have friends! general sessions, your successor, once you take a very hard line on marijuana. in addition, senator grassley has a prison refor
the apology when it comes to irs, is typical of what we see in this administration. not giving support to people in the department, and the investigative agencies within the department. his do a good job and make tough calls. sometimes those calls do not satisfy people on one side of the political spectrum or the other but i think at the end of the day they are to be respected and certainly ought to be respected of the people have the responsibility to run these departments. the notion that the...
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Feb 8, 2018
02/18
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the apology when it comes to irs. it is kind of typical of what we see in this administration unfortunately. not giving support to people in the department. any investigative agencies within the department. we simply do a good job.and would make tough calls. and sometimes those calls don't satisfy people on one side of the political spectrum or the other. but i think at the end of the day they ought to be respected and they certainly ought to be respected by the people who have the responsibility to run these departments. and the notion that the justice department need to apologize for what career people made, decisions that were made, that apology was unnecessary, unfounded and inconsistent it seems to me with the responsibilities that somebody who would lead the great justice department should have done. >> john -- >> thank you. my question is a two part. but one question actually. about your successor. >> there are a lot of rules! [laughter] you are not going to prosecute. >> i still have friends! [laughter] >> gen
the apology when it comes to irs. it is kind of typical of what we see in this administration unfortunately. not giving support to people in the department. any investigative agencies within the department. we simply do a good job.and would make tough calls. and sometimes those calls don't satisfy people on one side of the political spectrum or the other. but i think at the end of the day they ought to be respected and they certainly ought to be respected by the people who have the...
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Feb 18, 2018
02/18
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we move the irs to someplace unpleasant. alaska. and so on. and just kind of drain the swamp physically by moving all of these departments that are employing tens of thousands of people, and doing all this terrible things, throughout the country. it's actually very clever idea. >> a last question to end on. better we good. >> i'm daniel mccarthy, editor of modern agement wanted to bring up a point that jim raises in his quite brilliant essay which is, does populism run out of steam because it can't form coalitions and operate the way that successful political movements usually do? you draw a telling contrast between the old populists of the 19th century and progressives. progress services depend have the same popular support but won he day and perhaps still running our country as a result of their working their weills inside the government. >> when fdr figure out how to do it. all of you make your last comments on this. >> well, just very briefly. that is say was title "why populism fails" and the idea was that populist movements tend to be ve
we move the irs to someplace unpleasant. alaska. and so on. and just kind of drain the swamp physically by moving all of these departments that are employing tens of thousands of people, and doing all this terrible things, throughout the country. it's actually very clever idea. >> a last question to end on. better we good. >> i'm daniel mccarthy, editor of modern agement wanted to bring up a point that jim raises in his quite brilliant essay which is, does populism run out of steam...
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Feb 14, 2018
02/18
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ire don't think there's a senatr in this body who doesn't believe that the united states has to have strong and secure borders. the debate has always been what's the smartest, most effective, most cost efficient way to provide for border security. and i hope nobody is interested in wasting taxpayer dollars on things that don't work. it seems to me we should be about the business of finding the most cost-effective way to ensuring that border security. and as weo do that, we should be listening to the experts as to what works and what does not work. and, unfortunately, we seen more focused in recentth months on things that cost a lot of money but don't really significantly improve our border security. so i'm hoping that we can come together and have a rational conversation about how we secure our borders in the most cost effective way. so, mr. president, this is a moment for the senate ready to stand up and do its job, and i think that if you look at those two issues, a path forward for the dreamers, have forward that meet all requirements, we find a way to c do cost smart effective bo
ire don't think there's a senatr in this body who doesn't believe that the united states has to have strong and secure borders. the debate has always been what's the smartest, most effective, most cost efficient way to provide for border security. and i hope nobody is interested in wasting taxpayer dollars on things that don't work. it seems to me we should be about the business of finding the most cost-effective way to ensuring that border security. and as weo do that, we should be listening...
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Feb 7, 2018
02/18
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our anticipated dates when our best guess of when we think we'd reach the debt limit is because the irs published new withholding tables. that we think will lead to fewer tax revenues, a lower estimate of tax revenues coming in between now and then. >> as far as the debt limit is concerned, is it fair to say that economics r economic effect, that the economic effects of the tax bill are not currently projected to offset the decrease in revenue the bill caused? and is that what you're saying that, there will be less revenue that will come in? >> i think it's important to think separately about some of the near-term effects of the tax bill, like the withholding tables that the irs might be putting out and how those will affect he tax revenues the next couple of weeks, relative to what we think the everall effects that the tax bill will have on revenues, you know, including its macroeconomic effects. one estimate of that broader estimate is the joint committee tax bills passed out of conversation and that suggested that revenues would be higher after incorporating the macroeconomic effects
our anticipated dates when our best guess of when we think we'd reach the debt limit is because the irs published new withholding tables. that we think will lead to fewer tax revenues, a lower estimate of tax revenues coming in between now and then. >> as far as the debt limit is concerned, is it fair to say that economics r economic effect, that the economic effects of the tax bill are not currently projected to offset the decrease in revenue the bill caused? and is that what you're...
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Feb 11, 2018
02/18
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the irs and justice department often are gunshy. they don't like to lose. they don't like to invest in resources where it's not guaranteed it's a win. they have been reluctant to push the point. i mean, a lot of people think this is just simply not covered by that privilege. >> okay. thank you. on how they're putting money through the art world? >> oh, yeah. the whole chapter on the art world and it's -- it's great fun. there are lots of reasons why you would have an off-shore company to buy a painting, you might be buying it and moving it another place. it's particularly-- i go into great detail about the freeport. you know, art has become to some degree because of the high value, another commodity and investment, not necessarily something that you hang on the wall as much as you stick in a vault and wait for it to appreciate. so, as part of that, it is-- sort of dove-tails with the secrecy world and the companies. it's used across the art world. there are some interesting stories in here about a group of collectors who bought a painting that might have be
the irs and justice department often are gunshy. they don't like to lose. they don't like to invest in resources where it's not guaranteed it's a win. they have been reluctant to push the point. i mean, a lot of people think this is just simply not covered by that privilege. >> okay. thank you. on how they're putting money through the art world? >> oh, yeah. the whole chapter on the art world and it's -- it's great fun. there are lots of reasons why you would have an off-shore...
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Feb 13, 2018
02/18
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it's connected to families and people with realizing real stories and ire get that. now we're at a point again where we are debating on the floor all of this week about immigration. the dream act is something i post 15 years ago, three different times it has come up for the house for the senate or both and all the times in 15 years it has built, just dealing alone with those dreamers. then a very large package was tried in 2013 that included not just the dreamers but their parents and every other person illegally here in the united states wholesale reform of every part of the immigration system and that was tried in 2013 and it also built. now it's time to find that middle ground and where can we find the basic issues here. in september thee president of the united states challenge the house and senate to get a legislative solution for the recipients of daca and those that are daca eligible. at the time the president was decried as the people of the country but very clear that point that he did not feel like president obama had the authority to be able to make a whol
it's connected to families and people with realizing real stories and ire get that. now we're at a point again where we are debating on the floor all of this week about immigration. the dream act is something i post 15 years ago, three different times it has come up for the house for the senate or both and all the times in 15 years it has built, just dealing alone with those dreamers. then a very large package was tried in 2013 that included not just the dreamers but their parents and every...
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Feb 11, 2018
02/18
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topping the list, ire and fury, michael wolf's exposc on the trump white house. next clinical psychologist jordan peterson sells 12 rules for life and james patterson explores the case of the late professional football player aaron hernandez, convicted of first-degree murder in an all-american murder. after that it's rising time, business advice from damon john followed by melissa hartwig's hole 30 fast and easy cookbook. our look at some of the best-selling books according to publishers weekly continues with neil degrasse tyson's research on the universe in astrophysics for people in a hurry. then it's walter isaacson's biography of leonardo da vinci followed by anxious for nothing. advice on managing anxiety. after that, investment and entrepreneur ray dahlia offers life and business tips in principles and wrapping up our look at some of the books from publishers weekly's nonfiction bestsellers list is retired admiral 2015 graduation speech at university of texas, makeyour best. many of these authors have appeared on tv. watch them at our website, booktv.org .
topping the list, ire and fury, michael wolf's exposc on the trump white house. next clinical psychologist jordan peterson sells 12 rules for life and james patterson explores the case of the late professional football player aaron hernandez, convicted of first-degree murder in an all-american murder. after that it's rising time, business advice from damon john followed by melissa hartwig's hole 30 fast and easy cookbook. our look at some of the best-selling books according to publishers weekly...
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Feb 6, 2018
02/18
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they weapon ice the irs. we had the red lunch on a plane with bill clinton. we can prove that they interrupted the nomination process from bernie sanders and hillary clinton but donald trump who cannot breathe and without someone accusing him of something, i would say most of the american people want to know other than the only reason the warrant was fun. i would say you're mistaken if you think the american public will stand for a democrat what we think should be important and then downplayed. >> guest: i'm not quite clear on where were telling you what's important. the key is the steel dossier the claim is not that it's false, it's bias. someone who studied the fisa cart court for more than a decade, bias is a common problem when it comes to government application. maybe the informant is out to get some of her family member doesn't like another family member. the question is not the there is bias there's question if there's reason to doubt that it was biased once again, the question everyone should ask, whatever your affiliation is whether you really believ
they weapon ice the irs. we had the red lunch on a plane with bill clinton. we can prove that they interrupted the nomination process from bernie sanders and hillary clinton but donald trump who cannot breathe and without someone accusing him of something, i would say most of the american people want to know other than the only reason the warrant was fun. i would say you're mistaken if you think the american public will stand for a democrat what we think should be important and then downplayed....
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Feb 6, 2018
02/18
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is especially fitting to have our ir faculty, especially the young ir faculty, commenting on the effect of nuclear weapons here the university of chicago and i'm delighted be part of it. nuclear weapons inspire tremendous fear, not just among experts but widely in the public at large, and for good reason. when researching why japan surrendered, i had to wade through gory details of hiroshima and nag nagasaki two o atomic bombs killed over 200,000 people in lest than one minute. today's nuclear weapons are even more destructive. no wonder the thought of nuclear attack evokes fear. paradoxically, however, nuclear weapons are also a powerful force for peace. the treasure before the momming of nuclear weapons, from 1850 to 1945, was the classic era of great power politics. with numerous major wars among the great powers of the day. these wars were hugely destructive. in world war, 120 mental pipe died. world war ii was worse, over 50 million people died. but since 1945, great power wars have come to a dead stop. the united states, china, germany, britain, france, the soviet union, now russi
is especially fitting to have our ir faculty, especially the young ir faculty, commenting on the effect of nuclear weapons here the university of chicago and i'm delighted be part of it. nuclear weapons inspire tremendous fear, not just among experts but widely in the public at large, and for good reason. when researching why japan surrendered, i had to wade through gory details of hiroshima and nag nagasaki two o atomic bombs killed over 200,000 people in lest than one minute. today's nuclear...
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Feb 7, 2018
02/18
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said we are sensitive to the issue of dealing with the public safety issue and also making sure the irs and others have ways of collecting taxes without taking in main cash. >> i'm interpreting what you just said ineffectively implicitly the current guidance. would i be off in that regard? >> again i want to be careful with my wording. we are reviewing it but our intent is not to take it down without a replacement that can deal with the current situation. >> very good. lastly i cannot help but comment on the issue of russian sanctions. mr. secretary we will now if sanctions are working when russia stops interfering in western democracy elections. we know they did did with ours in 2016 and they did another western democracies since then. and we know they are as we sit and speak in the mexican national election as attested to by none other than the national security adviser to the president so as you perceive to be a party to these conversations about whether or not to actually carry through on the sanctions the congress adopted, keep in mind they haven't stopped. they are not going to un
said we are sensitive to the issue of dealing with the public safety issue and also making sure the irs and others have ways of collecting taxes without taking in main cash. >> i'm interpreting what you just said ineffectively implicitly the current guidance. would i be off in that regard? >> again i want to be careful with my wording. we are reviewing it but our intent is not to take it down without a replacement that can deal with the current situation. >> very good. lastly...
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Feb 26, 2018
02/18
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listing the open the ire. he actually performs the very first operation in britain. though he has discovered in america a few weeks or a month before and then makes its way over to london. now he doesn't believe it's going to work. he walks into the operating theater and often with a tiny, gentlemen. you could almost hear the ripple of pocket watches in your mind bias people pulled out their pocket watch, to see if he could beat his record. he walks in and says time has come a judge. he's going to try the yankee dodge because he believes that with american quackery, and that it wasn't going to work. a lot of things were working at the time. mesmer was a quiet but when around hypnotizing patients and it didn't always to do with operations. he would walk into these rooms and women would faint and have him under his spell. of course it didn't work. so he's skeptical about this. he walked to him and said i'm going to try the yankee dodge. ended does work. what is incredible about this moment to me is if anybody here tonight has ever thought about the history of surgery,
listing the open the ire. he actually performs the very first operation in britain. though he has discovered in america a few weeks or a month before and then makes its way over to london. now he doesn't believe it's going to work. he walks into the operating theater and often with a tiny, gentlemen. you could almost hear the ripple of pocket watches in your mind bias people pulled out their pocket watch, to see if he could beat his record. he walks in and says time has come a judge. he's going...
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Feb 1, 2018
02/18
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can make better trade deals than what we were getting ready in the tpp >> i understand and sector of ir of commerce it was telling the japanese book, you are not playing fair with the 40% on the imported beef and apparently he was unaware that they take that down to 9%. he does this because he says he wants a better deal but i wonder if we are going to get a better deal. >> we were talking about that this morning. it's baffling because he never talks about it and what the positions are. everybody knows what he wants when it would be better so the reality is these things are negotiations. if you're lucky you get 60% and if you are really good you get the other guy to think they did better than you did whether they did or not, if you are a good negotiator. we've had our differences in the past that he is a good closer and got just about everything he could get out of those guys. i'm not sure about going back we could ask for more. we are asking for more and i would be surprised if we get it. do you think that there is any possibility that they will pull out of nafta? we have quite an inte
can make better trade deals than what we were getting ready in the tpp >> i understand and sector of ir of commerce it was telling the japanese book, you are not playing fair with the 40% on the imported beef and apparently he was unaware that they take that down to 9%. he does this because he says he wants a better deal but i wonder if we are going to get a better deal. >> we were talking about that this morning. it's baffling because he never talks about it and what the positions...
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Feb 11, 2018
02/18
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into said he could smell human flesh but his brother was the first person they adopted subgraph of her ire number very well would say they have the atomic bom bomb, they tested itn july why didn't they just wait. so we argue in the bounty of peace and affluence and look back. that generation thought they went in with the major he suffered 50,000 casualties, 12,000 dead, they have 12,000 kamikaze planes we think in japan, they've got another 3 million people and the only thing i can say is they said you don't need to use the nuclear weapons because they are going to turn japan down so it would have been for both sides but it precluded japanese civilization which would have been a stain on our character. it's no more than if curtis lemay had gotten his way. [laughter] let's had quickly on some of the key political leaders. thus winston churchill deserves the reputation he has especially among i think everyone on the right in this country and in this room and one of the questions from the audience is what we have been better off without him in the military scheme? i think they would have cut
into said he could smell human flesh but his brother was the first person they adopted subgraph of her ire number very well would say they have the atomic bom bomb, they tested itn july why didn't they just wait. so we argue in the bounty of peace and affluence and look back. that generation thought they went in with the major he suffered 50,000 casualties, 12,000 dead, they have 12,000 kamikaze planes we think in japan, they've got another 3 million people and the only thing i can say is they...
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Feb 3, 2018
02/18
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. >> i get in trouble with my publisher i go to the year lying to the publish ire i always do that. i don't write i play music whatever i'm doing and story is working itself out inside in a younging way. really without ever writing a word. but steven king band mate put it best when he said all writers mind are like a house and sub conscience is the basement of the house, and down in the basement are a bunch of the crates that are unlabeled and the stupiddist thing you can do as a writer is to go down in the basement to sort out the crates because there's already a crew down there working on the crates. [laughter] and your job is to stay the the hell out of the way i was so relieved when i read it on writing because that it always been my system stay out of the way. the stories happening. and then for me it is like -- i say this -- my wife is a week with from delivery right now but i use a pregnancy mote motif like the story is reaches point and i have like four months left as i do now in the deadline like a pregnant woman who water is break that is coming i run for la-z boy with gra
. >> i get in trouble with my publisher i go to the year lying to the publish ire i always do that. i don't write i play music whatever i'm doing and story is working itself out inside in a younging way. really without ever writing a word. but steven king band mate put it best when he said all writers mind are like a house and sub conscience is the basement of the house, and down in the basement are a bunch of the crates that are unlabeled and the stupiddist thing you can do as a writer...
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28
Feb 22, 2018
02/18
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the roth ir is a powerful tool to do that. -- ira procured by the idea, thought about the idea and adopted it right away. it took ten years for that to become law. he had to first become the finance committee chairman, which he wasn't, and that gave him a position of enough power to begin putting forward an idea. and then year after year he pushed for that kind of law. so the lesson is, have some good ideas, have them be in sync, in synchronous with good principles, and then push for them. >> the one thing i'd be curious about, both kemp and roth leaned on heavy-duty intellectuals and were very much interacting with people like mundell for example, and a whole host of people that were associated with "wall street journal" at the time. bob barkley, all these people were intellectual/for journalists or almost pure academic. do you have any -- >> well, and we still have a lot of the challenges today in the economic community as part as what is growth really originate. and so i think holding to the principal that it originates in a rule of law apply to private sector that has freedom is core t
the roth ir is a powerful tool to do that. -- ira procured by the idea, thought about the idea and adopted it right away. it took ten years for that to become law. he had to first become the finance committee chairman, which he wasn't, and that gave him a position of enough power to begin putting forward an idea. and then year after year he pushed for that kind of law. so the lesson is, have some good ideas, have them be in sync, in synchronous with good principles, and then push for them....
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Feb 25, 2018
02/18
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eye 45
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as ire kind of pieced together things, i think a grenade did kill him. i'm not sure that he intentionally had jumped on a tremendous -- grenade. and the fourth name i'm going to think about because i'm embarrassed that i can't remember it. >> [inaudible] >> that's okay. [laughter] it's a great question. other questions? yes m -- >> my sense is after world war ii battlefield veterans didn't have a lot of services available to them where today, hopefully, that's a lot better. is that basically true? >> it's absolutely better. i mean, obviously, we know some to have issues going on in the v.a. today, so some may argue it's worse. yeah, they came home, there was no such thing as ptsd, right? it wasas called the scars of war or bombas trauma or things like that. so the v.a. did exist, but really it was certainly not there for mental. it was there if you had lost a limb to try to teach you to use a prosthetic at that point, the elementarynt prosthetics. i think, for me, i think after the gulf war we started to have a different appreciation for soldiers coming
as ire kind of pieced together things, i think a grenade did kill him. i'm not sure that he intentionally had jumped on a tremendous -- grenade. and the fourth name i'm going to think about because i'm embarrassed that i can't remember it. >> [inaudible] >> that's okay. [laughter] it's a great question. other questions? yes m -- >> my sense is after world war ii battlefield veterans didn't have a lot of services available to them where today, hopefully, that's a lot better. is...
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Feb 6, 2018
02/18
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for about 25 of those minutes ir a will present the main themes of his book, we will then hear about ten minutes of commentary from brookings congressional ex pert molly reynolds, a below -- fellow in governance study program and she's the author of the bookings rule, the filibuster limitation of u.s. senate which would indicate why she's the perspectcommentator for this book after molly delivers her commentary we will all convene on the stage for about 15 or 20 minutes in moderated conversation after which for the last half hour it will be your turn, questions from the floor and responses from these two wonderful scholars. as always, please quiet your cell phone, that doesn't mean turning them off necessarily and certainly doesn't mean that you can't use them for those interested in tweeting about this event it's #-- there it is, #u.s. senate and without any further preliminaries, on with the show, ira, podium is yours. >> i couldn't have a more generous introduction than the one bill galston gave me. i thank bill for not only that introduction but for organizing this event, moderat
for about 25 of those minutes ir a will present the main themes of his book, we will then hear about ten minutes of commentary from brookings congressional ex pert molly reynolds, a below -- fellow in governance study program and she's the author of the bookings rule, the filibuster limitation of u.s. senate which would indicate why she's the perspectcommentator for this book after molly delivers her commentary we will all convene on the stage for about 15 or 20 minutes in moderated...
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40
Feb 8, 2018
02/18
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because no one agency has direct authority we have to work together that includes us ec, the fed the irs and state banking officials. to exercise our legal authority with derivatives while clarifying the statutory limitations and to be clear the cftc does not regulate the dozens of virtual platforms here and abroad we cannot require them to meet those requirements with market surveillance standards for conduct, capital requirements or cyberprotections with these are all standard regulations in the futures markets that we oversee but through that commodity derivative markets we do have enforcement power with newly launched futures the cftc can now obtain trading data to analyze that manipulation and that leads to the final element of tough enforcement. led by the virtual currency task force we brought several civil actions over the past few weeks to cry -- crackdown and more will follow. enclosing pro one -- looking at something we wrote recently in the wall street journal the markets are new and evolving international that require us to be numeral and forward-looking to coordinate with i
because no one agency has direct authority we have to work together that includes us ec, the fed the irs and state banking officials. to exercise our legal authority with derivatives while clarifying the statutory limitations and to be clear the cftc does not regulate the dozens of virtual platforms here and abroad we cannot require them to meet those requirements with market surveillance standards for conduct, capital requirements or cyberprotections with these are all standard regulations in...
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Feb 9, 2018
02/18
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that includes us the sec the fed the irs the treasury network and even state banking officials. and the next element is to exercise the legal authority like trade reporting and market surveillance. the capital requirements and even a cyber protections or platform safeguards if these are all standard regulations in the futures market we oversee. through our authority over commodity driven markets we do have enforcement power over spot point markets. and with newly launched bit coin to futures you can now obtain data for that manipulation and five underlying spot markets. and that leads to the final element and the is tough enforcement. led by the virtual currency we had launched several civil actions over the last few weeks cracking down on fraudsters in manipulators in more will follow. i want to quote something that they said in the wall street journal. they require us to be nimble and forward-looking and cord needed with state, and federal colleagues. with important stakeholders including congress. i'm glad to be with you today and i hope my kids are listening thank you very m
that includes us the sec the fed the irs the treasury network and even state banking officials. and the next element is to exercise the legal authority like trade reporting and market surveillance. the capital requirements and even a cyber protections or platform safeguards if these are all standard regulations in the futures market we oversee. through our authority over commodity driven markets we do have enforcement power over spot point markets. and with newly launched bit coin to futures...
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Feb 5, 2018
02/18
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every time ir did she would say you are pulling away from me. you are closer too me with the nickname. then i thought maybe i was adopted. [laughter] >>host: so he has some books in his head and he is 73 years old. >> guest: if you write a short story you like it right another. i teach undergraduates and grad school and the workshops of all ages all ages are writing their first novel this autobiographical story they have been carrying around and they finally have time to go to it this is my eighth book and i still struggle with when i have time having a family, having a job, where do you find those hours? that is a struggle whether your eighth book or your first. nobody can write that for you. only you know who that is and who she was the sooner you start the sooner it willth be done. >>host: the biggest mistake first time riders make? >> a lot of hothead friends give me the long -- they revise the same pages over and over. get to the end and then fix it. just keep going go forward in the end it will tell you what is wrong with the beginning. >>
every time ir did she would say you are pulling away from me. you are closer too me with the nickname. then i thought maybe i was adopted. [laughter] >>host: so he has some books in his head and he is 73 years old. >> guest: if you write a short story you like it right another. i teach undergraduates and grad school and the workshops of all ages all ages are writing their first novel this autobiographical story they have been carrying around and they finally have time to go to it...
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Feb 16, 2018
02/18
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and we've already had the treasury secretary and the acting irs commissioner an i peer before us and today we'll be talking with secretary azar from the department of health and human services. secretary azar, i want to thank you for being here and cooperating with us and welcome back. it's been just a little over a month since you last appeared before us. this could cause some nervous reactions, you never know. of course, you are still very new to your position, but we are glad to have you back because we have a lot to discussion. since you were last year, this committee has amassed a number of legislative victories, i want to take a few minutes to highlight these accomplishments as many are within hhs's jurisdiction. last month, as a result of countless hours of work by this committee, congress passed and the president signed a six year chip extension. a few weeks later, we had another four years to that extension as part of a bipartisan budget act. that's ten more years of chip funding, which is, quite frankly, really a historic accomplishment. senator ted kennedy and i created th
and we've already had the treasury secretary and the acting irs commissioner an i peer before us and today we'll be talking with secretary azar from the department of health and human services. secretary azar, i want to thank you for being here and cooperating with us and welcome back. it's been just a little over a month since you last appeared before us. this could cause some nervous reactions, you never know. of course, you are still very new to your position, but we are glad to have you...
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Feb 28, 2018
02/18
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strategy that focuses in iran aor, but in syria itself we really don't have a strategy that limits ir iran's influence in syria, is that a true characterization? >> i'm not sure i would necessarily characterize it that way. there are things that are appropriate for the military to do and that's the angle that i talk about, but there are certainly other parts of our government and other capabilities that we have within our natural resources that can address iran's malign activities whether they're in syria or other places. >> you would agree it would be unacceptable for iran to have a long-term presence in western syria? >> with it would be unacceptable if that presence resulted in threats to our other partners or further destabilization of the region. >> would you say it's acceptable or unacceptable for iran to build a land bridge from iran through iraq, syria, to the borders of israel? >> i would say it's unacceptable, if the purpose of that land bridge is to move lethal technologies and capabilities in the hands of other fighters who may use those to attack their neighbors. >> what
strategy that focuses in iran aor, but in syria itself we really don't have a strategy that limits ir iran's influence in syria, is that a true characterization? >> i'm not sure i would necessarily characterize it that way. there are things that are appropriate for the military to do and that's the angle that i talk about, but there are certainly other parts of our government and other capabilities that we have within our natural resources that can address iran's malign activities whether...
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20
Feb 15, 2018
02/18
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eye 20
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., drug enforcement administration, veterans health care, fta, tsa, irs, federal court system, nia, census bureau, ice. these are in the nondefense discretionary side of the budget. >> i hope we have your support for increasing spending in those types of things. >> and mr. lewis actually used the term-- we know what happens when people say social programs, many americans think welfare. mr. lewis used the terms interchangeably, i think that mr. grossman mentioned, did the same thing. and we actually kind of ran an analysis and made our own definition the social program and we defined it as something based on income, okay? >> means test. >> means test the programs and with that standard in mind, basically somewhere less than 11% of nondefense discretionary could be categorized as a social program. so, again, i hope we never get to the point in this debate or in this country where we're trying to pit tanks against teachers or many of these other things, border security against soldiers, things where we would argue that most of the nondefense discretionary side of the budget is as much involve
., drug enforcement administration, veterans health care, fta, tsa, irs, federal court system, nia, census bureau, ice. these are in the nondefense discretionary side of the budget. >> i hope we have your support for increasing spending in those types of things. >> and mr. lewis actually used the term-- we know what happens when people say social programs, many americans think welfare. mr. lewis used the terms interchangeably, i think that mr. grossman mentioned, did the same thing....
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40
Feb 20, 2018
02/18
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eye 40
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currently, we already have the treasury secretary and the acting irs commissioner before us and today we are talking with secretary a's are from the department of health d and human services. i want to thank you for being here and welcome back. it's been a little over a month since you last appeared. this can cause nervous reactions. you are still very new to your position but we're glad to have you back and you have a lot todiscuss. this committee has amassed a number of legislative victories . we want to take a few minutes to highlight these accomplishments as many are within hhs jurisdiction. last month asa result of countless hours of work by this committee , congress passed a six year chip extension. a few weeks before we added another four years to that extension as part of the bipartisan budget act. that is 10 more years of chip ending which is quite frankly , a historic accomplishment. senator ted kennedy and i created the chip program more than two decades ago and despite always enjoying bipartisan support, at no point in the program's history we been able to deliver this muc
currently, we already have the treasury secretary and the acting irs commissioner before us and today we are talking with secretary a's are from the department of health d and human services. i want to thank you for being here and welcome back. it's been a little over a month since you last appeared. this can cause nervous reactions. you are still very new to your position but we're glad to have you back and you have a lot todiscuss. this committee has amassed a number of legislative victories...
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36
Feb 5, 2018
02/18
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eye 36
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clearly the fcc has never required n any irs. there is not a big burden but it is an excuse not to have broadband in rural areas. thank you very much. i yield back. >> the gel manuals back. >> thank you for being here. this is an i issue that we seem to continue to talk about and i'm proud of my co-ops in my small telephone companies in these areas that are trying to do just that. there is a need for government involvement to provide some certainty financially because the return on investment is just not there. i was talk about the need on the universal service to get that right and start parlaying that toward a broadband deployment. but, when we hear the testimony, i'm sorry i'm bouncing back between two hearings, will he just beat up large corporations and the profitability, we really want to incentivize the small co-ops in a small family privately owned companies to do that, to do what they are trying to do right now. and then bring competition. this came from a local newspaper, generally 28, not that i solicit it, i would lik
clearly the fcc has never required n any irs. there is not a big burden but it is an excuse not to have broadband in rural areas. thank you very much. i yield back. >> the gel manuals back. >> thank you for being here. this is an i issue that we seem to continue to talk about and i'm proud of my co-ops in my small telephone companies in these areas that are trying to do just that. there is a need for government involvement to provide some certainty financially because the return on...
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9.0
Feb 7, 2018
02/18
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eye 9
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>> it is important to think separately of the near-term effects like the withholding tables on the irs and affects tax revenues relative to the overall effect putting macro and economic effects for one estimate of that broader estimate is the joint committee as it was passed in conference to suggest that revenues would be higher to a conventional estimate but not enough to fully offset. >> the gentleman from south carolina. >> so my question is walking to the most predictable financial crisis and how you in that process? guessing anything ten years out is an amazingly complex deliberation. with a well reasoned educated guess so you have my empathy but looking at the numbers built into the baseline. so with a budget forecast in many ways could be the optimistic case because murphy's law exist in things that might come about that are not built into the model so with mandatory spending that finds entitlement authority with regard to the trust fund amount that is an optimistic projection to end up with a real squeeze faced on the fund balances at least with my reading but that political re
>> it is important to think separately of the near-term effects like the withholding tables on the irs and affects tax revenues relative to the overall effect putting macro and economic effects for one estimate of that broader estimate is the joint committee as it was passed in conference to suggest that revenues would be higher to a conventional estimate but not enough to fully offset. >> the gentleman from south carolina. >> so my question is walking to the most predictable...