Page 2 - Tax Code Reform News Today

republicans already sniping about a democratic choice for the congressional super committee. democrats have named senators patty murray, max baucus, and john kerry to the debt panel. and republicans are complaining that murray shouldnt get a seat because shes too political. shes in charge of fund raising for democratic senate candidates. and 12 lawmakers are supposed to be named to the committee by tuesday. theyre there to pinpoint $1.5 trillion in spending cuts by late november. 1...

Is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, ...

>> hes the president. come on out to the lawn of the white house with a microphone and tell us your plan on entitlement reform. and he wont do it because he doesnt have the courage to do it. >> im candy crowley. and this is "state of the union." >> late into the night, leaders scrambled for a last-minute debt deal, a two-step plan that would raise the debt ceiling through 2011 in exchange for about a trillion dollars in spending cuts. both sides are on board. but the hang-up is a secon...

no deal on the debt ceiling, but it is a new day. our sources say president obama is trying to koex members of his own party, while cutting as much as $3 trillion in spending. that is going to mean changes in health and retirement programs, also puts off tax reform, something a lot of people felt is very important, until later. the details are very fluid. no agreements yet. congressional democrats are very nervous. the president trying to figure out a way to work it out. hes holding a ...

Exponentially increase the healthcare cost burden. romney said he would repeal obamacare and replace with array of market and tax code reform promoting private insurance, including across state line. medical liability reform and more. >> romney knows like a boomerang the healthcare plan will come back at him. he concedeed as a fact what was once seen as an asset is now a liability. >> the all-star panel will tackle it as well. thank you. texas republican congressman ron paul is accepted to annou...

On health care. now theyre going to let them do tax code reform, just get us something. but at the same time, they intervene in little piddling measures, like now we want this funding for a wall. they had many opportunities to claim a victory there. they had the opportunity to go for a border tax. whatever you think of the border tax. it would have paid for the wall, and mexico sort of would have paid for it. they had a couple of billion dollars for border security. they could have claimed victo...

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♪ just a little while ago, g.o.p. senators introduced alternative jobs bill to the presidents failed plan. jobs through growth act focuses on tax code reform, spending cuts and curbing regulations. >> we have a republican jobs bill were introducing today. we consider this to be a conversation and we think the package can create 5 million jobs and were ready to discuss it with the president and welcome him coming down. >> eric: a lot of jobs 5 million jobs. >> greg: i cant discuss this story. u...

Deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didnt get passed...