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Understand how much of a hole its going to blow into the Housing Production but i expect that there are other unintended consequences by twhesm just found out last night that wind and solar will also have the same issue in being impacted by this. I hope we can adopt my amendment and fecks this. I hope we can slow down and understand this important part of our tax code. Thank you, mr. Chairman. Senator grassley. Mr. Chairman, members of the committee, im not going to vote for this amendment but i do appreciate that she brings up an issue that we better be very, very certain about, not only beca...

I appreciate members participation during yesterdays igs session. I was glad to hear everys initial thoughts. However, a number of issues were raised yesterday that in my view warrant some additional responses. First at characterization of the bill as a massive tax cut for the rich that particular claim was repeated by almost every minority member of this committee. The problem with that claim is that its just not true. The joint committee on taxation a nonpartisan congressional scorekeeper has concluded not only does the bill maintain the current level of progressivity in the tax code but the...

Meeting will come to order. Today we will consider we will continue our consideration of the chairmans mark for the tax cuts and jobs act. Last night, as promised, we delivered to members a modification that we will incorporate into the mark this morning. After that, we will walk through the modification and members will get an opportunity to discuss and ask questions about the modification. Once that process is complete, the mark as modified will be open for amendment. Before we take these next steps, i would like to make a few initial comments, however. I want to thank my fellow committee me...