Transcripts For CSPAN Interview Colin Wilhelm - GOP Tax Refo

CSPAN Interview Colin Wilhelm - GOP Tax Reform Bills November 18, 2017

Republican tax reform plan by a vote of 227205. Versionte passing their 1412. We are joined by Colin Wilhelm. How big of the when was this for House Speaker paul ryan . Guest it was a huge win. Ryan has said he had wanted to do tax reform since before he entered politics. He is a disciple of jack kemp. He was very involved in the 1986 tax reform effort. I saw someone tweet that yesterday was basically right dream dream ryans since he was a waiter at a hill. Rant on capitol this was a lifetime goal for him and a huge political win for him. He put his weight behind this effort and passed both houses. Despite the fact that some members in his own conference had some reservations. Host the attention now turns to the senate. Are the key differences between the bill coming out of the Senate Finance committee versus the one that passed on the house floor . Aest the Senate Version has repeal of the individual mandate, the root wire met within the Affordable Care act that the requirement within the Affordable Care act. Conservatives hate that, so there was a push within the concluded. Et this some senators are hesitant to vote for a tax reform package that has that. Other than that, there are differences on the individual side. There are temporary tax cuts that will phase out for individuals, whereas the house planned on something more permanent. Differences on various discussions, like the mortgage interest reduction. Host the finance committee up theirr days marking republican measure, and some contentious debate. You tweeted about one of the dust ups between Sherrod Brown and warren hatch, the chairman of the committee. Does this give us any sense of how the Senate Floor Debate will go . Guest yes, democrats will continue to argue that this basically is a tax plan for the rich. An ageold argument between them and the republicans on tax reform. The senate chair is normally a more softspoken member but became very he did last night, basically saying democrats have made this argument for years and he is sick of it. But this is not something that is going away. That we heard late week the republican from wisconsin is opposed to the current form of the senate measure. Are there other Senate Republicans who have expressed opposition to the bill or are leaning no on the bill . Guest Susan Collins in Lisa Murkowski are considered to be on the fence on that individual mandate issue. Murkowski wants to guarantee a separate Health Care Bill to shore up some of the obamacare subsidies for insurance will through before she votes on tax reform. Senator collins says she is hesitant to vote to repeal individual mandates. She might be more cautious over the effects that could have on health care premiums. Two, andn those senator johnson who has reservations over Small Business provisions, senators jeff flake and bob corker have also expressed some hesitancies over the cost of the package. It will cost over a trillion dollars over 10 years. They said they have some reservations over that. Host the measure is expected after thanksgiving. Going ahead to the Conference Committee that during the house and Senate Versions, you have talked about a few of the sticking points. What else might we see in a potential Conference Committee . Guest there is the repeal of a key Financing Mechanism for president trumps infrastructure plan within the house bill that is not in the senate bill. It is something that could be a whoking point with members had reservations on that, mainly transportation and infrastructure focused representatives, who would fight to get that put back into law, get that repeal of the funding mechanism out within the conference, and that is a key difference between the senate and house versions. Also, mortgage interest reductions is something that hits home to a lot of people. The house plan would cut that in half. The senate will doesnt cut that as much. It is possible they could wind up between the two. Host Colin Wilhelm covers tax and Financial Services for politico. You can read more at politico. Com. Thinks for joining us. Guest thanks for having me. He walked into the room first and was wearing military camouflage fatigues. He had the initials kkk on his chest, embroidered across the beret on his head was the knights of the ku klux klan. He had a semiautomatic handgun in a holster. Followed by the grand dragon. When the nighthawk into the room and turned the corner and saw me, he just froze. Man bumped into his back because he stopped short. They stumbled and regained their balance. I knew what they were thinking. The were thinking either desk clerk gave them the wrong room number, or this was an ambush. So i went like this to display my hands. Nothing in them, but i stood up and approached him. I said, hello. Come on in. For the past 30 years, this man has befriended cookoffs clan members to understand their hatred and convince them they are wrong. Sunday night at 8 00 eastern on q a on cspan. Cspan, where history unfolds daily. In 1979, cspan was created as a Public Service by americas Cable Television companies, and is brought to you today by your cable or satellite provider. President trump recently completed a 12 day trip to asia, which focused on trade issues nuclearh koreas program. On washington journal, we discussed the trip with an official from the obama administration. This is half an hour. At our table this morning is the former Deputy Assistant secretary of state for east Asian Affairs from 2013 to 2016. Also the senior fellow at the center for american progress. I want to begin with the president. After returning from asia, this is what he had to say about what was accomplished during that trip. We have established a new framework for trade that will ensure reciprocity to enforcement actions, reform of international organizations, and new fair trade deals that benefit the United States and our partners

© 2025 Vimarsana