Podcasts about super committee

This "Brexit Musing" episode features PwC's Mary Shelton Rose, Partner, Regional Vice Chair and US Brexit Response leader and Mark Prater, Managing Director, Tax Policy Service Group within the National Tax Services group as they “muse” about the potential impacts of a deal or no-deal within a Biden Administration. Mary Shelton Rose, Vice Chairman, Client Service, for markets in the East Region of the United States, Mary is responsible for the development of committed relationships between clients and our firm for a broad range of assurance, tax, and advisory services. In addition to the Vice Chairman role, Mary is the leader of the PwC US Brexit Response office. In this role, Mary leads a team of professionals focused on helping US-based clients navigate the risks and opportunities around Brexit.In her more than 29 years of professional experience at PwC, Mary has served key clients across a variety of industries in the areas of technology, consumer markets, entertainment, media and telecommunications industries.Over the course of her career, she has led or participated in consulting engagements involving financial and operational due diligence, design and implementation of governance structures and target operating models, human capital organizational design and deployment, profitability analyses, industry/market research, financial modeling and forecasting, statistical analyses, valuations, contract management and forensic investigations. Prior, Mary served as the East Region Advisory Leader.As a recognized thought leader and industry expert on entertainment and media, Mary has been invited as a guest speaker for industry forums, including the Variety Entertainment and Technology Summit and the Digital Entertainment Group Annual Forum.Mary holds a B.S. and a Masters in accounting from the University of North Carolina at Chapel Hill and is a licensed CPA in California and North Carolina. As a proud graduate, Mary was the MAC commencement address keynote speaker for 2017. Currently, Mary is on the board of trustees for The Fletcher School.Mark Prater is a Managing Director in the Tax Policy Services (TPS) group of PwC's Washington National Tax Services (WNTS) practice. In his role, Mark advises clients with respect to tax policy issues and tax legislation with a concentration on the Tax Cuts and Jobs Act of 2017.Prior to joining PwC Mark served as a Chief Tax Counsel and later a Deputy Staff Director on the Republican staff of the Senate Finance Committee. Mark was selected as Staff Director for the Joint Select Committee on Deficit Reduction, (“JSCDR”) i.e. the Super Committee.Mark Prater graduated from Portland State University with a B.S. in accounting and obtained a J.D. from Willamette University and an LL.M. in Taxation from the University of Florida.

Titus and Sergio discuss the Commonwealth Games, The Masters and the AFL's new pointless Super Committee.  Titus is currently performing at the Melbourne International Comedy Festival.  Tickets Here: https://www.frontiercomedy.com/titusoreily Become a supporter of The Variety Hour here: https://titusoreily.com/support-titus    

Guests this hour include - Ron Nehring and Senator Ron Johnson *I LOVE YOU* Kim Jong-un - so says Dennis Rodman...along with a lot of other things! Point Loma has a busted water main over the weekend. And Chris Wallace gets the first Mitt/Ann Romney interview since the election - Mark has the highlights! Ron Nehring talks about G.O.P. re-branding! And Senator Ron Johnson rounds off the hour with sequester talk and the need to use the SUPER COMMITTEE in congress! Click and listen to hour 2 of The Mark Larson Show!

House Republicans tried hard during their week off to label the huge March 1 cuts as "the President's sequester", but was President Obama really the cause? We go back to August 1, 2011, the day sequester was born, to see who was celebrating the cuts and how they passed the House. August 1, 2011: The House of Representatives passed the Budget Control Act. The Budget Control Act: Raised the debt ceiling for 18 months, allowing the United States to pay its bills until the fiscal cliff crisis in January 2013. Mandated a vote on the Tea Party's Balanced Budget Amendment to the U.S. Constitution. Enacted spending caps until 2021 designed to reduce the debt by $1.2 trillion. Stopped graduate students from getting student loans from the government. Created the SuperCommittee tasked with agreeing on $1.2 trillion of additional government cuts. Created across-the-board, percentage based cuts - 50% to discretionary spending and 50% to defense spending- to take a effect if the SuperCommittee failed. This is "sequester". So far, we know that if if the sequester goes into effect on March 1... Air traffic controller offices will be closed across the country. See the list. Defense Department will furlough civilian workers. Active duty members are protected from cuts. Contractors are also going to be shielded from cuts, not by law but by choice. Unemployed people can expect a 9.4% cut to their benefits. 700,000+ people will lose their jobs. People mentioned in the podcast: @BillTaylor2: Came up with "sequester finger-pointing week". Funny Boston dude. Follow him. Political DisContent: A conversational, educational, and funny podcast I just discovered and enjoy. Give 'em a try. New episode next week! Congress comes back from vacation. Will they stop the sequester?  

The House passes a surveillance bill masked as pediatric research and then wastes our time. Also, highlights from the leaked legal justification for the Obama Administration's "lawful" drone bombing of American citizens. H.R. 225: National Pediatric Research Network Act of 2013 Introduced by Democrat Lois Capps of Northern California. The bill says the Director of the National Institutes of Health (a gov't agency) can create a network of up to 20 groups of public or private non-profits to work together to do pediatric research. As a condition of accepting an award, the groups need to agree to help the Centers for Disease Control with the establishing patient registries and "other surveillance systems as appropriate and upon request by the Director of the Centers." The bill establishes a "Data Coordinating Center" to... 1. Distribute scientific findings 2. Help design and conduct research projects and to manage the resulting data 3. "To organize and conduct multi-site monitoring activities" But the bill doesn't give the NIH any money to do this. Congressional Budget Office Analysis NIH already supports many research networks that support research and training focused on pediatric health care needs and operates data coordinating centers for those networks. Those networks perform essentially the same activities as the groups described in the bill. The existing networks are not helping the CDC to establish surveillance systems. ...CBO estimates that implementing H.R. 225 would have "no effect on the number" of research groups or data coordinating centers that NIH would support. "CBO expects that CDC would request assistance from a few networks to establish surveillance systems." H.R. 444: The Require a Plan Act The President generally begins working on a budget in Nov/Dec The fiscal cliff deal wasn't done until January 2 meaning we didn't know how much revenue the United States would be collecting until then. President Obama will be submitting his budget late. Require a PLAN Act requires the President to give Congress another budget if the President's budget for fiscal year 2014 is not balanced. Not later than April 1, 2013, the President shall submit to Congress an addition to his budget that includes— * An estimate of the earliest fiscal year in which the additional budget will eliminate the deficit (Ryan budget was around 2030) * A detailed description of additional policies to be implemented in order to achieve such result (would have to be extreme measures) * An evaluation of what agency functions can be eliminated or consolidated. (Fleming Amendment) * An explanation of the differences between the President's original budget for fiscal year 2014 and the extra budget referred to in this subsection. * An estimate of the cost per taxpayer of the deficit for each year until the budget is balanced. (Messer Amendment) Republicans seem to believe that creating a budget is an Executive Branch responsibility. "It is astounding that the President has shirked his responsibility to submit a budget on time for 4 of the last 5 years." - Rep. Roger Williams (TX) It isn't. "The fact of the matter is it is our responsibility. Not a nickel can be spent in America unless the Congress authorizes it to be spent. The President can't spend money on his own. Not a nickel can be raised in this country, of revenue, without the Congress acting on it. The President can't do that. It is the Congress of the United States, under article I, that has this responsibility. We're not taking that responsibility. We're trying to shove it off on somebody else, in this case, the President of the United States." - Rep. Steny Hoyer (MD) What's really happening is the House is wasting almost all of February and to let the sequester crisis come down to the last minute. A deal needs to be done by Friday, March 1. Republicans are trying to re-write history and pretend President Obama created the sequester. "To add to the uncertainty, the President's proposed sequestration is set to take effect this March…." -Rep. Austin Scott (GA) "President Obama's sequester is an important issue." -Rep. Tom Price (GA) "What we should do is replace the President's sequester with responsible reforms that will help balance the budget in 10 years." -Rep John Boehner (OH), Speaker of the House Reality: In 2011, the GOP was refusing to raise the debt ceiling. In order to pay our bills, the President and Senate had to promise the GOP House that they would get $2 trillion in government cuts. $1 trillion in cuts were in the Budget Control Act. The second trillion was supposed to be decided on by the SuperCommittee. The sequester was the painful-for-everyone-so-it'll-never-happen penalty that was supposed to bring everyone to the bargaining table. "We put sequester in place thinking it was so irrational and would have such a negative effect that clearly we would address the matter in the last 14 months. We didn't…. It was a silly bill. The Senate passed it and the President signed it because it was the only way we could make sure that we did not put the creditworthiness of the United States at risk." -Rep. Steny Hoyer (MD) Now, Republicans are actually considering letting the sequester happen! "I, for one, felt that the delay in the sequester on January 1 was not in the country's best interest. These were the cuts that the Congress promised to the American people. When the debt limit was raised in August of 2011, this was the promise that was made, and it was a promise that was made by the President. It was pro-posed by people within the administration. The bill was signed into law by the President... Every line in every appropriations bill has a constituency somewhere that cares deeply about that language being retained. So, when all else fails, an across-the-board cut may be the only way that you can ever achieve that spending restraint." Rep. Michael Burgess (TX) The House will be in session for only 8 days before the sequester takes effect. The Leaked "White Memo": Authorizes Drone Strikes on American Citizens Highlights (or lowlights, if you prefer)... "Sets forth a legal framework for considering the circumstances in which the U.S. government could use lethal force in a foreign country outside the area of active hostilities against a U.S. citizen who is a senior operational leader of al-Qa'ida or an associated force of al-Qa'ida." "A targeted killing of a U.S. citizen who has joined al-Qa'ida or its associated forces would be lawful under U.S. and international law." Three conditions must be met: # 1: "An informed, high level official of the U.S. government has determine that the targeted individual poses an imminent threat of violent attack against the United States." But... "The condition that an operational leader preset an "imminent" threat of violent attack against the United States does not require the United States to have clear evidence that a specific attack on U.S. persons and interests will take place in the immediate future." "A decision maker determining whether an al-Qa'ida operational leader presents an imminent threat of violent attack against the United States must take into account that certain members of al-Qa'ida are continually plotting attacks…the U.S. government may not be aware of all al-Qa'ida plots as they are developing and thus cannot be confident that none is about to occur." #2: Capture must be "infeasible". "Capture would not be feasible if it could not be physically effectuated during the relevant window of opportunity or if the relevant country were to decline to consent to a capture operation." #3: The operation would be conducted in a manner consistent with applicable law of war principles. (Necessity, distinction proportionality, and humanity) "There is no prohibition under the laws of war on the use of technologically advanced weapons systems in armed conflict- such as pilotless aircraft or so-called smart bombs- as long as they are employed in conformity with applicable laws of war." What about due process guaranteed to Americans in the Constitution? "In these circumstances, the "realities" of the conflict and the weight of the government's interest in protecting its citizens from and imminent attack are such that the Constitution would not require the government to provide further process to such a U.S. citizen before using lethal force." How is this justified? "Congress's authorization of the use of all necessary and appropriate military force against this enemy, and the existence of an armed conflict with al-Qa'ida under international law." The memo specifically names the Authorization for Use of Military Force from 2001, signed in the days following 9/11. Doesn't targeting a certain person for death count as an assassination? "It is a lawful act of self defense." "A lawful killing in self defense is not an assassination." But Anwar al-Awlaki and his 16 year old son (who was never considered associated with al-Qa'ida) were in Yemen when they were blown up by United States' drone strikes. Wasn't the Authorization for Military Force for hunting down the people responsible for 9/11 in Afghanistan? "The United States is currently in a non-international armed conflict with al-Qa'ida and its associated forces… Any U.S. operation would be part of this non-international armed conflict, even if it were to take place away from the zone of active hostilities." "The AUMF itself does not set forth an express geographic limitation on the use of fore it authorizes." This sounds unconstitutional. Maybe the courts should decide this? "The Department notes that under the circumstances described in this paper, there exists no appropriate judicial forum to evaluate these constitutionals considerations."  

Retired Naval Commander Leah Bolger who is a peace activist and the President of Veterans For Peace, interrupted a public hearing of the Joint Select Committee on Deficit Reduction, commonly known as the Super Committee on October 26th, 2011 . Listen as we discuss what inspired her to stand up, her experience in the court room, and what she plans to do next.

Retired Naval Commander Leah Bolger who is a peace activist and the President of Veterans For Peace, interrupted a public hearing of the Joint Select Committee on Deficit Reduction, commonly known as the Super Committee on October 26th, 2011 . Listen as we discuss what inspired her to stand up, her experience in the court room, and what she plans to do next.

Join your hosts, Ken McClenton and Legal Analyst Shelby Emmett as they delve into the cultural, religious, and social foundations of conservatism, with their unique perspectives, on ACNation Radio Network [www.social.acnation.com].  News with Shakeal Moore and The Warrior Report by Warrior.  Mondays at 10:00 PM EST.Contact: TheExceptionalConservative@hotmail.com  10:00 PM EST Our Beloved Economist, Dr. Brooks B. Robinson, BlackEconomics.org Director, will join us to discuss: (1) The Volatility of Europe. Should these nations suspend the Euro?  (2) The Super Committee’s Legislated Effort to Punt the Debt Ball Onward to the Next Generation(3) What Must the 2013 Congress Do With the 2014 Budget to Rescue the Country from Debt that Eclipses GDP?(4) His Latest Spiritual Work, “53”.  Tonight's News Is Sponsored By Realtor Shataa Whittle, Exit Right Realty, (202) 276-2295 or swhittle@exitrightrealty.com.

Join your hosts, Ken McClenton and Legal Analyst Shelby Emmett as they delve into the cultural, religious, and social foundations of conservatism, with their unique perspectives, on ACNation Radio Network [www.social.acnation.com].  News with Shakeal Moore and The Warrior Report by Warrior.  Mondays at 10:00 PM EST.Contact: TheExceptionalConservative@hotmail.com  10:00 PM EST Our Beloved Economist, Dr. Brooks B. Robinson, BlackEconomics.org Director, will join us to discuss: (1) The Volatility of Europe. Should these nations suspend the Euro?  (2) The Super Committee’s Legislated Effort to Punt the Debt Ball Onward to the Next Generation(3) What Must the 2013 Congress Do With the 2014 Budget to Rescue the Country from Debt that Eclipses GDP?(4) His Latest Spiritual Work, “53”.  Tonight's News Is Sponsored By Realtor Shataa Whittle, Exit Right Realty, (202) 276-2295 or swhittle@exitrightrealty.com.

Just before Thanksgiving, congressional leaders admitted that there would be no deal to reduce the US budget deficit by $1.2 trillion over ten years. Although this is not a surprise, it has significant ramifications for our nation.

8 AM - Chris Christie blasted Obama and the Super Committee; Mitt and Newt are both flip floppers; A legit third party may be on the rise; Sacramento is tops in STDs!

Supercommittee fails deficit agreement deadline -- More details on House Ways and Means Committee Chairman's territorial tax proposal -- Ways and Means Subcommittee on Select Revenue Measures holds hearing on territorial tax proposal -- IRS issues proposed regulations on taxation of foreign government income -- Proposed regulations clarify rules for controlling domestic shareholders to adopt, change accounting method or tax year on behalf of foreign corporation -- IRS publicly issues internal UTP guidance and procedures

Michael J. Novogradac, CPA, discusses the collapse of the Super Committee and what lies ahead for Congress; the extension of Treasury's New Issue Bond Program and the Temporary Credit and Liquidity Program; the FY 2012 income limits; an update on redevelopment agencies in California; the Historic Boardwalk Hall case; a report on the Minnesota Historic Rehabilitation Tax Credit; an awarding winning initiative in Vermont; an OIG audit of the CDFI Fund; the new InvestOhio Tax Credit; a bill to provide an investment tax credit for microturbines; and the tax treatment of Section 1603 grants in California.

Michael J. Novogradac, CPA, discusses the collapse of the Super Committee and what lies ahead for Congress; the extension of Treasury's New Issue Bond Program and the Temporary Credit and Liquidity Program; the FY 2012 income limits; an update on redevelopment agencies in California; the Historic Boardwalk Hall case; a report on the Minnesota Historic Rehabilitation Tax Credit; an awarding winning initiative in Vermont; an OIG audit of the CDFI Fund; the new InvestOhio Tax Credit; a bill to provide an investment tax credit for microturbines; and the tax treatment of Section 1603 grants in California.

Our politicians are the worst in history, did we expect them to do something for the common good? What is a real immigration policy and what are real numbers on Keystone XL pipeline and dangers. The post The John Layfield Show – Supercommittee Superfailure, did we really expect anything else? Immigration and Keystone XL a real plan. appeared first on WebTalkRadio.net.

Oregon Update-- is anybody surprised that the super committee failed?   Did anybody really think when Obama created the super committee that it would accomplish its goals?   With Congress's low approval rating, it's really a shame that nobody really expects much out of Congress anymore and we'll talk about this and other issues on this week show including will touch on a "superhero" out of Seattle... yes, a real superhero. We hope that you will join us and have some fun as well every Monday afternoon, 1 p.m. Pacific Time or your phone calls and e-mails are welcome 646-721-9887, e-mail us talk@KRBNradio.com.

A little Wisconsin winter and snowblower talk.A Thanksgiving story.We hope you all had a Happy Thanksgiving.Fact of Crap: John gets 1 for 1 this week.Mail Bag:Two from Earl:1) The "Super Committee" not so super.2) Jon Huntsman.Two from Clint:1) Michele Bachmann demands apology from NBC.2) Justin Bieber's paternity accuser undone by text messages?One from Peter: Harry and Bess Truman.One from Dennis: Syrian gunman attack and beat cartoonist Ali Ferzat. The Rest of the Show:An all email and rant show.

Gretchen Morgenson on rolling back rules for derivatives trading, David Gillen and Natasha Singer on the gun business, and Robert Shiller on the super committee and unemployment.

Your Hosts Phatman and Littleboy Enjoy!

The bi-partisan Super Committee has failed to agree on deficit reduction. With 2012 elections coming up, how will parties deal with voter discontent over Congress?

Nicole updates us on the situation on UC Davis, the pregnant woman pepper sprayed at Occupy Seattle who suffered a miscarriage, and the failure of the Super Committee. Plus @GottaLaff's weekly visit

Michael J. Novogradac, CPA, discusses the failure of the Super Committee and building momentum for tax extenders. He shares news about the New Markets Tax Credit Extension Act as well as discusses a report that evaluates new markets tax credits' effect on inner cities. In historic tax credit news, he highlights the job creation benefits being provided by the Minnesota Historic Rehabilitation Tax Credit. In renewable energy news, he describes a letter that the Governors' Wind Energy Coalition sent to Congressional leaders urging the extension of the PTC as well as the provisions of the STORAGE Act, which would provide a tax credit for investment in energy storage property. In low-income housing tax credit news, he discusses the distribution of 2011 national pool tax credits, some major provisions of the 2012 HUD appropriations bill and a notice that clarifies the conditions under which not-for-profit owners can retain the proceeds from the sale of FHA-insured or HUD-held, formerly FHAinsured multifamily properties.

Option Block 108: Super Committee VIX Spreads Trading Block: Dow back in the red for the year. Debt cutting debate concerns hit the market -- reminiscent of the debt debate from August, only you don't see everyone loading up on VIX puts this time. Did they learn their lesson? Could more DC gridlock trigger another debt downgrade? Odd Block: Unusual and interesting activity in: Gilead Sciences Inc. (GILD) NII Holdings, Inc. (NIHD) Strategy Block: Andrew Giovanazzi from Option Pit discusses getting short the VIX without overloading on risk. Around The Block: Super committee debate dominates the outlook for this week -- how do you position for this? Apple below the 375 handle for the first time in a while -- maybe the best is behind Apple?

Michael J. Novogradac, CPA, discusses the failure of the Super Committee and building momentum for tax extenders. He shares news about the New Markets Tax Credit Extension Act as well as discusses a report that evaluates new markets tax credits' effect on inner cities. In historic tax credit news, he highlights the job creation benefits being provided by the Minnesota Historic Rehabilitation Tax Credit. In renewable energy news, he describes a letter that the Governors' Wind Energy Coalition sent to Congressional leaders urging the extension of the PTC as well as the provisions of the STORAGE Act, which would provide a tax credit for investment in energy storage property. In low-income housing tax credit news, he discusses the distribution of 2011 national pool tax credits, some major provisions of the 2012 HUD appropriations bill and a notice that clarifies the conditions under which not-for-profit owners can retain the proceeds from the sale of FHA-insured or HUD-held, formerly FHAinsured multifamily properties.

Ed Butowsky, wealth manager and financial advisor, joins Freedom Watch on Fox News to discuss whether investors should be happy that the super committee failed.

Join me as I make my return to the Tower and discuss the issues that have occured since taking some time off.

7 AM - Occupy San Diego held a moment of silence for the White House and the White House shooter; Fox News' Rich Johnson reports on the Super Duper Debt Committee; Joe wanted to buy Snap-on socks.

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--{ Technocracy for Idiocracy: "I've Mentioned Before, We're Post-Democratic, We're Officially in the Age Called Technocratic Which Bankers said Would Eventually Come, When Industrial Societies were Over and Done, Experts Would Be Appointed Instead of Elected, In an Idiocracy It Would Go Undetected, Even Though if You've Noticed They've Come Far, Areas of Rulership Have an Appointed CZAR, Familiarize the Herd, Without Ever Explaining, Bypass Parents While the Young You're Training, They'll Grow Up with Technocracy, Natural, Formal, Rulership by Technocrats, All Being New Normal" © Alan Watt }-- System of Control using Money - Elimination of Populations in Rural Areas - Goldman Sachs - Post-Democracy, Rule by Technocrats put in by Bankers - Left and Right Run by the Banks - Taxpayer-Funded Nationalization and then Privatization - Beware of Greeks Bearing Gifts - International Monetary Fund, Third-World Debts Paid by Western Taxpayers - Societal Degeneration - Video Games Training Future Cannon Fodder - Gangs Replace Families - Bureaucratization of Society - US, Supercommittee and Farm Bill, Food is a Weapon - Charles Galton Darwin - Promotion of All Things Non-Procreative and Destruction of Family Unit. (See http://www.cuttingthroughthematrix.com for article links.) *Title/Poem and Dialogue Copyrighted Alan Watt - Nov. 17, 2011 (Exempting Music, Literary Quotes, and Callers' Comments)

Find out why a Lakeside girl is going to stop pursing paternity allegations against Justin Beiber! Plus Obama continues his tour of Asia. And the Supercommittee continues to negotiate. Sandy Rios from Family Pac joins to discuss a proposed Canadian Pipeline. Listen now!

7 AM - CNN Radio's Lisa Desjardins reports on the debt Super Committee; Some university professor called sending care packages to the troops "shameful".

Will the Super Committee achieve the debt reduction that eluded the President and Speaker Boehner? Also, a West Wing shake-up, and a brush with a "potentially hazardous asteroid."

Michael J. Novogradac, CPA, discusses the list of banks that were designated as systematically important; the Super Committee; tax reform; and federal appropriations. Then he discusses a number of new renewable energy tax credit bills that were introduced last week; a comment invitation seeking input on the new markets tax credit program; new NMTC compliance monitoring guidance and the latest QEI issuance report. Next, he discusses guidance complied to assist the preservation community in addressing Section 106 requirements during disaster response efforts and an op-ed in support of the Rehabilitation of Historic Schools Act. Finally, he discusses the Financial Service Committee hearing about the HOME program, and proposed changes to the HOME program regulations.

Michael J. Novogradac, CPA, discusses the list of banks that were designated as systematically important; the Super Committee; tax reform; and federal appropriations. Then he discusses a number of new renewable energy tax credit bills that were introduced last week; a comment invitation seeking input on the new markets tax credit program; new NMTC compliance monitoring guidance and the latest QEI issuance report. Next, he discusses guidance complied to assist the preservation community in addressing Section 106 requirements during disaster response efforts and an op-ed in support of the Rehabilitation of Historic Schools Act. Finally, he discusses the Financial Service Committee hearing about the HOME program, and proposed changes to the HOME program regulations.

The Greek referendum turned the G-20 Summit into a crisis meeting. Also, bi-partisan demands on the Supercommittee, and the blame game in Republican presidential politics.

Brian Darling from the Heritage Foundation joins Mark to discuss the upcoming Super Committee deadline. Inga Barks also joins to discuss the future of high speed in California. Finally James Hirsen from Hirsen on Hollywood joins for his weekly pop culture update. Listen now!

Michael J. Novogradac, CPA, discusses Rep. Dave Camp's draft tax reform; the Super Committee's progress; the status of federal appropriations; the launch of the Bipartisan Housing Commission; the brief filed by the IRS in its appeal of the Historic Boardwalk Hall case; the next meeting of the Advisory Council on Historic Preservation; the provisions of the Community Wind Act; key points of two new private letter rulings; the findings of project level audits of Section 1603 cash grants; an update on Oklahoma's state tax credit task force; the 2012 difficult development areas; the IRS's audits of multifamily housing bonds; $20 million in additional state low-income housing tax credits in Massachusetts; new NMTC project data; and the CDFI Fund's new deputy director, Dennis Nolan.

Michael J. Novogradac, CPA, discusses Rep. Dave Camp's draft tax reform; the Super Committee's progress; the status of federal appropriations; the launch of the Bipartisan Housing Commission; the brief filed by the IRS in its appeal of the Historic Boardwalk Hall case; the next meeting of the Advisory Council on Historic Preservation; the provisions of the Community Wind Act; key points of two new private letter rulings; the findings of project level audits of Section 1603 cash grants; an update on Oklahoma's state tax credit task force; the 2012 difficult development areas; the IRS's audits of multifamily housing bonds; $20 million in additional state low-income housing tax credits in Massachusetts; new NMTC project data; and the CDFI Fund's new deputy director, Dennis Nolan.

Ways & Means Committee chairman releases major international tax reform proposal -- Sens. Hagan and McCain propose new tax repatriation holiday -- Senate subcommittee issues long-awaited report on effects of Section 965 repat provision -- President Obama's jobs bill, the American Jobs Act of 2011 fails to advance -- "Supercommittee" deadline looming in November -- US Customs and Border Protection considering changes affecting transfer pricing -- OECD releases proposed draft changes to Commentary on Article 5 (PE) of Model Treaty -- Taxpayer warning: “phishing” scam related to FBAR filings -- EY announces launch of Americas Tax Center

Nicole speaks with Vets for Peace VP Leah Bolger, arrested yesterday at the Super Committee hearing in DC for speaking out; commentator/author Jim Hightower, NYCC deputy director Greg Basta, and AlterNet's Joshua Holland

Michael J. Novogradac, CPA, shares an update on the Super Committee; discusses a report that compares the New Markets Tax Credit program to a comparable cash grant program; updates listeners on the status of New Markets Tax Credit Extension legislation; shares encouraging words of support for the historic tax credit from Congressman Brian Higgins; discusses the ongoing debate over the state historic and low-income housing tax credits in Missouri; reviews a bill that would extend the investment tax credit to offshore wind power projects; discusses two reports about the domestic renewable energy industry; examines the inflation-adjusted low-income housing tax credit and tax-exempt bond caps for 2012; reviews a sign-on letter being circulated by the affordable housing community; mentions a White House affordable housing event; and discusses HUD's future research plans.

Michael J. Novogradac, CPA, shares an update on the Super Committee; discusses a report that compares the New Markets Tax Credit program to a comparable cash grant program; updates listeners on the status of New Markets Tax Credit Extension legislation; shares encouraging words of support for the historic tax credit from Congressman Brian Higgins; discusses the ongoing debate over the state historic and low-income housing tax credits in Missouri; reviews a bill that would extend the investment tax credit to offshore wind power projects; discusses two reports about the domestic renewable energy industry; examines the inflation-adjusted low-income housing tax credit and tax-exempt bond caps for 2012; reviews a sign-on letter being circulated by the affordable housing community; mentions a White House affordable housing event; and discusses HUD's future research plans.

Michael J. Novogradac, CPA, discusses an update on the Super Committee's progress; summarizes legislation introduced to amend historic tax credit rules to allow local governments rehabilitate aging public schools; discusses a report about how to implement solar PV projects on historic buildings; reviews the findings of a report that found that a one-year extension of the Section 1603 cash grant exchange program would support more than 37,000 jobs in 2012. Then he shares some comments made last week by government leaders regarding the need for additional political support for renewable energy; summarizes briefly the possible effects of tax reform on the low-income housing tax credit; discusses disaster relief provided to certain low-income housing tax credit properties in Pennsylvania; and shares a synopsis of what tax reform could mean for new markets tax credit yields and previews one of the special events planned for this week's New Markets Tax Credit Investors Conference.

Michael J. Novogradac, CPA, discusses an update on the Super Committee's progress; summarizes legislation introduced to amend historic tax credit rules to allow local governments rehabilitate aging public schools; discusses a report about how to implement solar PV projects on historic buildings; reviews the findings of a report that found that a one-year extension of the Section 1603 cash grant exchange program would support more than 37,000 jobs in 2012. Then he shares some comments made last week by government leaders regarding the need for additional political support for renewable energy; summarizes briefly the possible effects of tax reform on the low-income housing tax credit; discusses disaster relief provided to certain low-income housing tax credit properties in Pennsylvania; and shares a synopsis of what tax reform could mean for new markets tax credit yields and previews one of the special events planned for this week's New Markets Tax Credit Investors Conference.

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On this edition of The Mark Larson Show...what happens when tomatoes attack!?! Brian Darling from the Heritage Foundation joins to discuss Taxes and class warfare. Plus the latest news out of the Super Committee. Listen now!

Why are some Dems flinching from the American Jobs Act? Why it may pass, with the help of the Super Committee. Will Bachmann take Perry down with her? Why Jon Stewart is wrong about Solyndra.

Michael J. Novogradac, CPA, discusses what we can expect from Capitol Hill as Congress reconvenes, President Obama proposes job-boosting measures and the Super Committee continues to ramp up. He also shares details about the Journal of Tax Credits' 3rd Annual Developments of Distinction Awards. Then, he discusses HUD's collection of data about low-income housing tax credit property residents. He also shares new research about states' preferences for supportive housing and discusses North Dakota's new Housing Incentive Fund. Then, he previews Novogradac & Company's Section 1603 Safe Harbor Webinar, and discusses new research that shows that the U.S. was a net exporter of solar in 2010, as well as new analysis of the global energy investment market. Next, he discusses the historic preservation community's response to Hurricane Irene. Finally, he discusses Congressman Richard Neal's scheduled keynote address at Novogradac & Company's New Markets Tax Credit Investors Conference; shares some new remarks made by Senator Maria Cantwell in support of extending the new markets tax credit; discusses the CDFI Fund Advisory Board's upcoming meeting; and notes the National Coalition for Capital's recent recognition of two lawmakers in Maine.

Join me on Saturday, August 13, 2011 as we discuss the ripple effect of S&P decision to down grade the United States from AAA to AA+ Credit Rating.   What effect will this decision have on business and job creation in California? How will California be affected by the Super Committee's task of reducing 2.1 Trillion from the US budget over 10 years? We will discuss ways California contractors, cities, counties and State agencies  can work together to create  a job's Tsunami... You do not want to miss this one.... See you on Saturday, August 13, 2011 at 10 am PDT!

9 AM - Our post-Bree Olson interview analysis; Caller who used to be a porn actor in gay movies calls in; Joe talks about his girl's soccer practice; Carbon offsets; Deficit Super Committee is forming.