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June 21, 2024
What i would add to that is sometimes its a oneway change. Sometimes they might introduce systems changes. So theres an accumulation of review policy. Its hard to quantify, but thats the kind of thing were looking for. But do you think that the 90 number, do you think thats an accurate reflection . I dont have that information. I have heard in my business with bank eres, its manifested itself in Additional Resources you have to higher. Particularly as it gets more complex. But, also, diverting t...
June 21, 2024
Where are we going to come up with paying for another Compliance Officer even though we have no exceptions. I want to ask do i have a minute . Chairman . Will you consider doddfranks plop sigss . Given that the grippa process is looking at rules that are unnecessary, most of the rules have never been itch leapted yet or have taken the fact. Soo it is not we feel, appropriate to look at those rules at this time. Is it fru we wont have another study for 19 years . If we deent include dod frank . I...
June 21, 2024
Our trade partners our biggest ones, canada china mexico, are spending two to five times more than that on their infrastructure. And it cant be just one mode that were focused on when we talk about funding infrastructure. We have to look at all modes and we need to make those modes work better together. Rail, truck air and water are today the key components of the Global Supply chain. The Global Situation is getting worse in a lot of respects, but we have the opportunity to take advantage of wha...
June 21, 2024
And then you have a little more wiggle room using either side of that equation to be able to reach your revenue neutrality. Okay, bill. Senator. We, of course, did it revenue neutral. I think the times today probably might require some additional tax. But i believe thats something that the committee has to work out itself. If you really do thorough tax reform, what you find is at least we found that upper income americans will pay a higher percent. For example, we cut the rate from 50 to 28 and ...
June 21, 2024
Host have you talked to law makers met with them and what are you hearing from them . Guest the proposal is one that actually enjoys bipartisan support in many ways. If you remember about a year ago the chair of the house ways and Means Committee at that time dave camp put a white paper if you will that used this very same framework. And we think its a framework that can actually work. At the hearing in the house earlier this week there was some members of your party and the other party that wer...
June 21, 2024
Guest the proposal that the administration has put out is to use pro Growth Business tax reform to pay for our bill. And actually our proposal actually works in reducing Corporate Tax rates by removing the 35 tax rate that would apply to overseas foreign earnings that currently arent taxed as theyre sitting over there but if they were brought back there would be a 35 rate that would apply to them. Our proposal would be to tax those untaxed corporate earnings overseas once at 14 21 reduction, and...
June 21, 2024
System and the industries that are so much part of the United States economy. Thank you for doing that. And i apologize, mr. Chairman, for going so far over my time. No thats fine. Senator murray do you have any closing remarks. Dr. Murray, well stated. Thank you for both of your testimony. This was a good hearing. Senator alexander, i look forward to working with you on that. Thank you. And dr. Collins, do you know off hand, you mentioned the success rate has declined over the years. What about...
June 21, 2024
Invested in did not have open access to the distribution network, it would have been an entirely different story. This the difference this is what you can tell your constituents, that it is openness that is the core of creativity. Because there should be nobody acting as a gateway and saying mm, youre only going to get on my network if you do it on my terms. And the key then as we go to the previous discussion, what you want to do is make sure you have that gateway, not blocking the openness of ...
June 21, 2024
Actually awarded for the grants and do you work with the cyber center at Homeland Security at the nddk to on how these grants are distributed or the technology that theyre developing there . Explain a little bit how that process works. Id have to go back and ask staff. Most of what we see with states using our funds ren hansment in their centers. Id have to go back and ask. I know we have work to expand eligibility on what grants can do but theres also within the cyber world still a lot to be de...
June 21, 2024
North america. Will county is crossed by six class 1 railroads, five interstate highways, several commercial water ports on our nations largest inland waterway. Last year we processed over 3 million containers containing 65 billion worth of goods that are grown, manufactured, assembled, and delivered throughout the United States and the world. Our first and last mile Infrastructure Requirements today total 3. 6 billion of new investment just in our county, and that does not include bringing our ...