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What he says he will tackle next. Why it could be odds with one republican leader in congress. While the president touting new law as largest tax overhaul in decades. Polls showing americans are not quite on board. The Koch Brothers network now spending millions of dollars on ads selling the benefits of the plan. Were speaking up the man heading up this project. Freedom partners, executive Vice President , james davis, among our guests, steve forbes, zane tankel, John Hofmeister, former president of shell oil. We have a full show. Lauren we do. Get back to the down markets. Another down day for stocks despite passage of tax reform and avoiding a government shutdown. Nicole petallides on floor of new york stock exchange. End of the week, nicole, we didnt see a santa clause rally. People are very cheerly. There is a lot of optimism. It got quieter towards end of the week. We had a great day on monday. Were up for the week. In fact five weeks in a row of gains, almost 1400 points. So, up higher. Weve seen some records. The transports today closing at yet another record. There is look at dow, down 27. S p 500 down one. Nasdaq came under a little bit of pressure. We saw a lot of records this week, at least names that hit highs at one point. Goldman sachs, fedex, boeing, microsoft, mcdonalds, sometime hit alltime highs. We want to look here at the tax preppers, h r block, intuit. Look how they fared going into the closing bell. There were concerns on the new tax plan fewer taxpayers would itemize their deduction. Americans that could mean less business . Well see. Down 27 for h r block. Bitcoin, trader handed me this up down, up down, check that out. That is what happened. Went down from 14500 and back down to 10700. It really came under pressure there. Not sure that is threeyear low. Certainly gyrations. Say that back to you. Lauren thank you, nicole. I remember start of the year, david, bitcoin was 1000. David i remember it was pennies. Had we only invested pennies. President trump is in maralago as he gets ready to celebrate christmas just hours after he delivered the Christmas Present he promised for millions of americans, by officially signing republican tax bill into law. Our own blake burman is live at the white house with the very latest. He did it, blake. Reporter he did indeed, david. The president is down no florida at maralago to celebrate his christmas break. This was the very time frame, christmas break, that the president , Republican Leadership set for deadline to get tax reform done. The president made it official earlier today by signing the tax bill into law inside of the oval office. Now the white house had been considering potentially waiting on the physical signing to take place in january so that they could carry on some of the momentum over into the new year, however the president said he decided to sign this bill into law earlier today so that he could keep that christmas promise. I am keeping my promise. I am signing it before christmas. I said the bill would be on my desk before christmas. Youre holding me literally do that we did a rush job today. It is not fancy. Reporter the president also continues to tout how self major corporations who said because of this new tax bill they will reinvest into their own employees. Two more companies signed up to that, pnc, Sinclair Broadcasting said both of them will include 1000dollar bonuses for employees coming up. That impacts roughly 55,000 people across the country. Inside the oval today, president made this admission. Corporations are literally going wild over this. I think even beyond my expectations. So far beyond my expectations. Reporter looking ahead into 2018, david, president , Administration Want to move on to a big infrastructure package. They have also talked about tackling welfare reform. There is debate, several different facets what to do with immigration. The president though did say today, as it relates to infrastructure, he feels he can get democrats on board. The cautionary tale to that would be, they also thought they could do that with tax reform. You know how that ended up, david. David we do. We do. Fascinating to see 1000dollar bonuses right before christmas. Thank you very much. Lauren . Lauren lets bring in todays panel talk about the markets more. Heather zumarriaga, vision funds and jack hough, barrons editor. Some of us getting a tax cut. Heather, why didnt we see a rally today . I know, i know the dow and s p are up five weeks in a row but why not a rally this week . It makes a lot of sense that optimism was up ahead of this tax plan. I dont think it is baked in. Its a bit of a buy the rumor settle news, next few days, perhaps next few weeks. Next year get ready for a big rally, the economy is really set to boom. Were over 3 4 of growth in gdp. This economy will take off that will be reflected in the stock market next year. Melissa jack, you could go two ways. Argument, tax reform coming into the new year, second floor of a highrise building. Or you could make a argument when people call for dow 30,000, you should start to get out of your position. I dont think first of all you should get out. Todays trading was like watching yule log videos. It was boring day before christmas. Doesnt mean anything. A lot has been done the Corporate Tax break. Im not sure all that has been done. Look at apple, with all the cash it may bring home from overseas, put into share buybacks i think that might not be priced in Going Forward but what i see a lost optimism in the market but not rampant euphoria. I see stock prices elevated but not crazy. There is more room to the upside before next couple quarters. Melissa both of you are optimistic especially with christmas upon us. Sectors that have done well especially talking about taxes, energy, financials, they were a little bit weaker today. What do you make of that . Youre right and i wouldnt be surprised to see some sector rotation out of technology into say retail and financials for example. Even more, more room to run for the banks. Retail because they pay the highest u. S. Effective tax rate of any sectors across the board. Financials will benefit from all the merger and acquisition activity created when money comes back overseas from repatriation. I like money moving out of tech into financials. Retail may catch a bit. Lauren speaking of retail and jack well end this with you. This is perfect setup. Tomorrow 126 Million People expected to shop on super saturday. Were calling it daddy shopping weekend all day because of procrastinators. David, it is fair. The Consumer Sector was weak today. I know nike was a part of that but were seeing decent, if not Good Shopping numbers. Yeah. Lauren how come consumer stocks are not responding . First of all this daddy amazonned a couple weeks ago. Very smart. If you want to know how it will be for spending look what is going on with the stock market and the housing market. There is wealth effect. People will spend. Good news retailers have some of highest tax rates in america. These Corporate Tax cuts really help them. If youre a bit of a amazon phobe big when you look at the rest of retail, look at likely amazon victims. Tough keep that back of your mind. Lauren lauren their very much. Happy holidays. David truth be told, i have a little shopping to do. Lauren truth truth be told so. David Congress Heading home with a major tax reform win under their belt. What is in store for 2018 . Adam shapiro to what is next on the republican agenda. Adam . Reporter quite a bit is on the agenda, david. We heard from mitch mcconnell, to put it in perspective, january 19th government runs out of money. Senate in session week of january 3rd. They will address that according to mr. Mcconnell they will address revisiting doddfrank, not within the Federal Reserve but administration, there are calls to let Community Banks off the regulations which are intended to really revent economic calamity in 2008 and caused by very, very big banks. Want to revisit daca immigration issue. He says there is bipartisan support to get talk at daca deal done. They talk about chain migration and then there is of course dealing health care and further repeal and replacement of obamacare. If you think republicans think they can do this all alone, here is what mr. Mcconnell said. There is not much you can do on partisan basis in the senate at 5248 or at 5149 which will be the number for us next year. Well be looking for areas of bipartisan agreement, that is the way the senate is. Reporter the other issue playing big into 2018 for the republicans and mr. Mcconnell are the midterm elections. People on the hill say there is this big blue democratic wave coming but the republicans will say not so fast. Take a listen to mcconnell. Well be supporting people who can actually win. How many of contests there will be between wellfunded people who are sure losers and people who can win is hard to predict because recruiting season is not over. Reporter so in the words of mr. Mcconnell and other republicans, this is not easy come, easy go any way the wind blows doesnt really matter this will be no night at the opera. David not at all. If you look at 2017 as a model. Adam, thank you very much. Here to react, bob cusack, the hill editorinchief. Talk about the infrastructure plan. Play a sound bite from the president. Get your reaction. Infrastructure is easiest by far. Republicans and democrats want it. Well have tremendous democrat support on infrastructure as you know. I could have started with infrastructure. I actually wanted to save the easy one for the one down the road. So well be having that done pretty quickly. David i dont think anything is easy in this congress, inside of the beltway, do you . No, i dont. It will be, it will be difficult to move with transportation because do democrats want to give President Trump another win in election year. Then the debt level. This tax bill will add to the debt, according to david that never stopped democrats from spending money. Thats right. Democrats say theyre willing to work with the president on a big transportation bill but if youre talking about another trillion dollars, there is no offsets really to pay for it. It can be done but it will be very, very challenging. David there was not one democrat who voted for the tax bill that just became law. I think, i dont know if it hurts mitch mcconnell, but he wants to give at least the perception there is tell a possibility of bipartisanship inside of the beltway. I think the president wants to give that impression too. That, there is going to be a lot of outreach towards the democrats. Will they be at all receptive . I think some of them will be. I think centrist democrats up for reelection. There is another incentive, Mitch Mcconnells wife, elaine chao is head of the transportation department. David thats true. He is talking more bipartisanship, so is President Trump. Speaker ryan talking about welfare reform. That resonates with the base. Mcconnell says were not going down that path. We need bipartisanship. That will not be bipartisan. David very interesting you bring up paul ryan, there is republican split paul ryan clearly wanted welfare reform and entitlement reform next thing to be done. In other words, paul ryan wants to focus spending less money, shrinking size of the government. Infrastructure is more money growing the government. That is a big split. A big split. This will be a theme of 2018, house one way, senate going another way. Where does the president go . Maybe he goes in both directions and pushes welfare reform an transportation spending . They have to raise the debt limit in the spring of 2018. That will be a hard as well. David one possibility. The president reforms agencies like hhs, others spending hundreds of billions of dollars, reform them internal, using inspectors general, to cut back waste and fraud. Were just told in medicare alone, there is 60 billion in waste and fraud every year. So if you do internal reforms dont require any kind of legislation that could be one way to tackle this. That is what the president talks about a lot. He does not want to reform medicare and social security, at least not at this time. That is what he said on the 2016 campaign trail. I think a lot of conservatives in congress they want to have permanent changes. Medicare is headed for bankruptcy. Social security as well but not as imminent. So i think there will be a lot of ideas thrown in 2018. I dont see chances of sweeping legislation coming through but it happened before in election years where you had bigticket items get through. It will be tough to have a lot of bipartisanship in 2018. David bob cusack, of the hill, you have had a great year. You have done a marvelous journalistic work. Thank you, david. David appreciate it, bob. Lauren busiest travel day of Holiday Season made more hectic with rain and snow in parts of the country. We have a live report from lax, you will love this, theyre using therapy dog to have people remain calm. David every dog is therapy dog. I love dogs. United nations voting unanimously for a change in favor of new sanctions. What theyre hoping will now force the rogue regime to end its Nuclear Program. Lauren former Obama National security advisor susan rice slamming President Trumps America First policy in a New York Times oped. Critics say she dont have a leg to stand on. Susan rice has zero credibility to be criticizing anyones Foreign Policy period. This is a response to a hateful and offensive video. Direct result of a heinous and offensive video. There was a, a hateful video. Lauren that was susan rice saying the 2012 benghazi attack was prompted by antimuslim video. The former ambassador writing oped in New York Times, calling out President Trumps Foreign Policy. Entitled, when america is no longer a global force for good. We have the director of defense study, center for national interest. Harry, she downplayed is what she says credible . Absolutely not. I think the New York Times made a big mistake here. They shouldnt have put this in the oped section. They should have put this in the cartoon section because it is hysterical. For an administration that created some problems in the world, look at the challenges the Trump Administration has to now pick up . North korea is obviously the biggest challenge. Today, at the u. N. Security council the Trump Administration has had to push forward another u. N. Security Council Resolution to try to rein in a Nuclear Program that the Obama Administration had eight years to tackle. I dont think any Obama Administration official should be writing opeds. This is ridiculous. Lauren she also wrote, relinquishing the nations moral authority in these difficult times will embolden rivals and weaken ourselves. It will make a mockery of the very idea of America First. Sweet irony, harry, talking about moral authority. You brought up north korea. I bring up, i made a list here. Traded five taliban terrorists for bowe bergdahl. Abandoning afghanistan. Letting putin walk into ukraine. Iran deal. Does she have the moral authority . No. For an administration that created the phrase, leading from behind, you dont write opeds in the New York Times trying to down anything the Trump Administration is trying to do in Foreign Policy look, the American People voted for donald trump for a very big reason. They want to get out of all these different wars that the Bush Administration and different interventions like libya that the Obama Administration came up with, led by susan rice and others. So Obama Administration officials shouldnt be doing these type of things. Sure, they have the right to make criticisms do things like that but i really think it is absolutely ridiculous. Lauren harry, do you think theyre mad that seems slowly or quickly depending how you look at it, donald trump is trying to undo a lot of what barack obama did particularly on the world stage . Absolutely. Susan rice written opeds, having essentially mea culpa on north korea a few months back saying they were wrong. Now the Trump Administration has to fix this. I feel very bad for those sitting in the nsc in the white house right now because next year the North Koreans are going to test more nuclear weapons. They are going to test more missiles. Im sure more Obama Administrations will complain. It is really sad to be honest. Lauren the north korea issue is not really Obama Administration problem. It was for years before that as well. What is unfortunate, from that op ed, susan rice penned, you dont hear anything about economic prosperity. You dont hear anything about military strength. Seems like those themes and others are missing when this administration is critiqued . You know what, to your point, sequestration was huge amount of damage done to our military under the Obama Administration. So you know, the president has really had to command, had to build up the military, come up with new tax strategies. All of this is trying to undo the damage from the Obama Administration. So i think were probably in for another, shall i say, another seven years of complaining from former Obama Administrations . I guess well have to get used to it, to be honest with you. Lauren thank you for cheering us up. Your outfit. Merry christmas. Merry christmas. David talking about north korea. Now the u. N. Security council imposed sanctions on north korea, voting unanimously after the latest missile test. They ban 90 of Refined Petroleum product exports to north korea. Demand repatriation of North Koreans working abroad. Analysts say these new sanctions could have very Significant Impact on that isolated country. We will see. Lauren terror plot foiled in San Francisco. Were going to tell you how the fbi just thwarted an isisinspired attack that was planned for christmas day. David thank god they stopped that one. Meanwhile the tax bill is signed and the American People are eager to see their paychecks grow next year. Were breaking down all the details with quite a team here. We have steve forbes and zane tankel together right after the break. The proof will be in those paychecks. People will see it for themselves. Yeah, my dad says our insurance doesnt have that. What . you can leave worry behind when liberty stands with youâ„¢. Liberty mutual insurance. Lauren breaking news to get you. The fbi saying it arrested a man in San Francisco for allegedly planning to carry out isis inspired terror attack on christmas day. The suspect intended targeting ing pier 39, todded crowd spot in San Francisco. He communicated that plot to a agent pose posing as an isis agent. David here to react to steve forbes, for example media chairman. And zane tankel. In is considers Christmas Present for me. You guys are nicest guys in manhattan. They are also wonderful people and brainiacses and steve, what is the best and worse part of this plan . Lowering business taxes so you get more investment, you not only create more jobs and jobs that pay more and more in the future. They did a little point personal side. I wish i could have done more. The downer needless complexity they put in for socalled passthrough companies, partnerships and the like. That is most of person business, small businesses. They made that, the thresholds and everything else. Will have to go to accountant to explain it. This is done straight rate cut instead of rewarding tax lawyers. David zane spent a lot of time with tax lawyers and accountants trying to figure out tax bills in the place. It particularly plan. You undoubtedly gone through it are there incentives for growth and hiring new workers with this tax plan . Absolutely. Unequivocally, there was a guy who named paul samuelson, who i am sure you heard of. David economist. First nobel prize recipient for economics, the first, and he subscribed to the keynesian theory of the multiplier effect, with unto one. Not one dollar to one in the economy. 1. 8 to 2. 1,000dollar cut generates two in the economist. My business relies on folks who are recipients of these cuts. They go it to the appeal bees. Im the applebees. I am the sweet spot of the. David you own 40 applebees restaurants. Yes. David you will expand and hire more workers. Without a doubt. Affordable care act eliminating these penalties, eliminating no one is really talking about that, i have a ton of people, healthy, young, passionate about, passionate about, that have had to pay fines that were david wont have to do that anymore . Exactly. David well get to that in a second. Steve the whole question how americans will feel as a result of this is critical because its going to play into the 2018 elections which we can talk about but heres the way, sort of standard that Ronald Reagan applied to that feeling about things after a tax cut. Play the tape. Are you better off than you were four years ago . Is it easier to buy things in the stores than it was four years ago . Is there more or less unemployment in the country than there was four years ago . David we dont have four years until the 2018 election. How will americans feel about this . The expectations are so low, most people think they will pay more, not less. Come next year, one, they realize the world is still in existence, two, the paychecks go up, starting to hear about investment and bonuses the like, they will say, hey, this wasnt so bad after all. That is a good feeling. Low expectations, high results. David so how are your employees right now feeling . You mentioned obamacare. They will not have the pay the fine anymore if they want insurance. How are they feeling . What are you telling them about this tax plan . I was chatting with steve in the green room before coming in here, i think, i think the adversary has painted themselves in a corner with such a low threshold david talking about the democrats here. Those guys. But im not on either team. Im on the right team. David did you vote for obama . I voted for him once. Fool me once. But, the reality is threshold is so low, what im telling my people, theyre all over the place, what does it mean, what does it mean to me, in 60 days or less, in february when new with holding gets calculated and they see 25 or 50 or 100 more in their pocket depending on their personal circumstance, they say, what is this about . It is supposed to cost me more. David by the way, have you done the calculations . Have you figured out, can you say for sure it your employees your paycheck will be bigger, after february . It is not all, most are watching me right now. So i am, i am, i am biggest onair liar that you ever had or im telling you the truth. Were not finished but yes, weve begun calculating, depending, david, as you well know on your personal circumstances. Children, house, mortgage, taxes, local, state, taxes et cetera. So it depends on your individual. David gotcha. But overall, yes. David im getting a wrap, steve, so this has to be quick. Bottom line as keptable you were about some sausage making that went into this that watered down the prann, netnet its a good deal for the American Public . Does far more good than harm. Give credit to the senators. They took a lot of bad stuff out of the bill. Made it better. Reduced tax rates for individuals. A lot of great stuff in this thing. David well see you saturday, fox news channel, 11 00 a. M. , for forbes on fox. Zane, always good to see you. David, always good to see you. All the best. David lauren, over to you. Lauren good stuff, guys. Tax cuts and energy dominance. President trump with major legislative win, not only tax cuts. But Something Else the gop wanted for a very long time. Up next to talk about it, we have John Hofmeister, former Shell Oil President and founder at citizens for Affordable Energy. Well be right back. I just finished months of chemo. But i dont want to talk about months. I want to talk about years. Treatments have gotten better, so. Im hoping for good years ahead. Thats thanks to Research Funded by the american cancer society. The same folks giving me free rides to treatment, insurance advice,and a place to stay during chemo. I need that stuff like you dont know. And now that you do, please give at cancer. Org addition we have anwar. Were opening up anwar for drilling. They tried to get that for 40 years. They have tried to get that even during the reagan administration. They could never get it. That ail loan would be a big if that ever happened if that is part of it. Lauren major energy victory, that was President Trump, opening up alaska for drilling as part of the gop tax plan. Proponents say this will boost the economy, cementing u. S. Energy independence. Opponents say the global oil surplus diminishes the landmark move. Here to discuss, John Hofmeister former president of Shell Oil Company and founder of citizens for Affordable Energy. John what do you think first of all . This was 40 years in the making t finally got done. Do you expect to see Immediate Impact . I dont think well see Immediate Impact but longerterm impact which is very, very important to alaska, to people of the United States and frankly to people who care about Affordable Energy wherever they live in the world. This is a very big resource. It has been waiting for 40 years for development. Ive been part of the effort to try to work with the alaska delegation, previously trying to get it approved. There are many efforts to get the approved. Now that it is approved, time to celebrate for a few days. Get busy doing what we can to develop the asset. Lauren when we talk about this area, well pull up a map so our viewers can understand, were talking about an area basically the size of the state of south carolina, and that small part of it in the corner there, that is 2000, square acres here. That is the part that would be disrupted for drilling. So its a very small part here here. When do you expect the oil to come to the market and what is the timeline . It will take a number of years, lauren. It will not be quick. The reason there will be resistance to it, that companies have to face into, primarily for instance from lower 4states. 48 states. They find plaintiffs, go through the ninth circuit in San Francisco. They tie things up. I have been through it for years. Ive been through the ninth circuit many times. We need successive administrations to stay firm on the opportunity to build the resource. The good news this is now law. This is not an executive order. So future administrations can rely upon the law that has been passed to develop this resource. It is not about who is the next president , writing an executive order to stop it. It is the law of the land. The other side of it that helps is the ability to put more oil into the Alaska Pipeline which is in desperate need of Additional Oil to keep it functioning the way it is designed. Lauren when we do eventually tap this oil, john, what, do we need it . Dont we have enough oil . Do we export it . What do we do with it . All oil is important to the future of the economy. Demand for Oil Continues to grow. Battery electric vehicles will not take over the transportation marketplace anytime soon. We have billions of people on earth who dont have any oil and they want oil and so for the next 20, 30, 40 years, i think that were going to continue to see a sustained demand for oil. We need new resources. The power after reservoir is only on its first day. It declines thereafter. We have to develop new recent voice to keep the reservoirs to keep the supply robust. Lauren not only taxes, royalties you bring into the region as well. John, thank you. You bet. David we have some breaking news for you. Fox news is just confirming that President Trump is expected to announce plans to sell antitank missiles to the ukrainian government. This to defend themselves from russianbacked rebels. Now congress would need to approve of this plan. We will bring you any new developments here. Lauren in the meantime tens of millions of americans are heading out for whats expected to be a recordbreaking travel season. What you need to know before you hit the road, besides packing your paycheck, next. Roblem. Roblem. But whatever trail i take, i go for my best. So if theres Something Better than warfarin, ill go for that too. Eliquis. Eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. Eliquis had both. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily. And it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Im still going for my best. And for eliquis ask your doctor about eliquis. David heading home for the holidays . Youre not alone if you are. Aaa expecting 107. 3 Million People will travel over 50 miles away from home this Holiday Season. This makes it the highest yearend travel volume on record. Here with the very latest from lax our own Hillary Vaughn tracking the crowds. There are not a lot of crowds there right now, hillary. Reporter not a lot of lines at the ticketing portion of the airport but there are longer lines at tsa the reason why theyre bumping up security. You will experience longer wait times. The reason why because of the holiday rush, tsa is making sure everyone stays safe. They have deployed 55 k9 units more than across the country. I want you introduce you to an officer who was with the k9 14 years. What are you seeing now different from when you first started in . Everybody is pretty much very diligent keeping eye out for see something, say something, that helps us in doing our job, reporting possible threats and me and my partner, utilizing her sniffing ability, thats where you know, it is a very big the officers to determine whether there is a threat or not. To keep the traveling public safe and that is our main mission, to keep everybody getting to their destination especially on busy Holiday Season. Thank you for all your help today. Keeping us safe here. Things to keep in mind checking your bag. You can not check any alcohol, any booze 70 more alcohol. If youre bringing wrapped presents with you in the carryon, keep in mind tsa may need to open that, see what is inside, if it looks suspicious going through the scanner. They recommend you wrap the presents when you get to the final destination. When it comes to food you can bring baked goods on board or anything like gravy or spread that is snow globe size. Anything bigger than that you have to check as well. A lot of longer lines at security. A lot of bumped up, security presence here as well. In terms of delays and people having trouble getting their bags checked, not a lot of craziness here. Things running smoothly as airport staff tells me they have been planning for this day for a very long time. So everything is working as it should. David throwing gravy in your suitcase never works out too well. Just you do it whether or safety or cleanliness. Great to see you, hillary. Merry christmas. Thank you. Lauren who does that . We have an update to a story that we brought you yesterday. Apple is now facing several class action lawsuits after they admitted they deliberately slowed down some old iphones. Apple says a Software Update is cutting speed to avoid problems caused by the aging batteries. David sure. Lauren no one believes this one. Now some iphone owners are saying the move is part of a plan to force them to buy new expensive iphones. Apple says, no, not the case. They offer a simple fix. Replace the battery in your old phone first. Now, funny lawsuits are coming in. David millions of people who bought the apple x or 10, whatever it is, 1300 bucks a pop. Lauren got it right here. David oh, you got one . Lauren take a picture with later. David my daughter and my wife now have one too as part of Christmas Presents. Lauren didnt change my life, so you know. David signed, sealed, delivered, President Trump signing the tax plan into law. Can republicans sell it to the American People . James davis, executive Vice President of freedom partners with his plan to do exactly. Its not just a pay check, you actually like what you do. Even love it. And today, you can do things you never could before. Youre developing ai applications on the cloud. Finding insights hidden in decades of medical documents. And securing millions of iot sensors. So get back to it. And do the best work of your life. Or a little internet machine . And do the best work of your life. It makes you wonder shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. David turning opinion around on the tax law, according to wall street journal nbc news poll, the 41 plurality of americans think the tax plan is bad idea. But our next guests 2018 resolution to turn that around. James davis, with the political arm of the koch network. James, why is the public so sour on the tax law . Youre getting more money back from the government, what is so bad about that . The biggest point in the polling you see so far, if you look down a little farther in the polling many people say they know very little about the tax bill right now and how it will impact their lives. David right. That is the opportunity at hand. Since we finalized, washington finalized legislation here on this, a lot of details have been moving around a bit. Now is the opportunity. That is what we see, the opportunity to talk to the American People about what this means for them. Reality a pay raise for the American People. David we just had on zane tankel, a businessman here in new york, who has 40 Applebee Restaurants around the city. We had steve forbes on. They gave a pretty Fair Assessment what is in the tax plan. Steve, some things about it he likes. Some things he doesnt. Here is what nancy pelosi, here is how nancy pelosi describes it. This is the kind of sound bite youre about to hear that most americans have heard hon nightly news night after night. Play the sound. Republicans took a victory lap because they successably, successfully sold americans children. Frankenstein, anybody familiar with frankenstein, it was monster, that was created. David a monster, frankenstein. Also called it the worst bill ever in the history of the United States. Do americans really take that serious . This is just more political posturing from nancy pelosi and democrats. Chuck schumer has been out against the bill as well, but in 2012 remember he was the one a take lating the case for reducing articulating and reducing the Corporate Tax rate to be competitive international. He said it was imperative this is political posturing instead of helping the American People. David let me ask you about how youre going to roll out this defense of the tax plan. Obviously you will have commercials. You will have social media at work. You will also have Something Like town halls. The Koch Brothers of course so much hysteria about what the Koch Brothers do by a lot of leftwing lunatics out there. Im wondering if youre prepared for counterdemonstration at any town halls we have . We think there is so much opportunity for benefits of tax reform and show americans the pay raise they will get. Political posturing aside david you will get, you cant say political posturing aside. You will get political posturing when you go out to try to sell it. No doubt, thats going to happen but when americans see more money in their pockets, when they see they have more money for clothing, for gas, Everyday Needs and expenses thats what counts. So even if you look back at reagan tax cuts which produced 11. 9 million jobs and 2700 worth of per capita disposable income, you saw that the poll numbers around the time that it was passed were low. David right. That gained over time. That is the opportunity here. Now you see a lot of companies. One of our companies, yancy brothers, a company affiliated with our Seminar Network, and supports our Seminar Network has talked to their employees about the benefits of tax reform but also said, hey, weve had a tremendous year this year. Were optimistic about 2018. So were going to give everyone 500 bonus now, for tax reform. We hope, anticipate that is going to continue into next year. David well it is happening a lot. A lot of companies are doing that james, wish you best of luck. Appreciate you coming in. Appreciate it. Merry christmas. Lauren cuteness alert. Ready for this . David oh, yeah. Lauren a London Company created a classic scene to create a howling day for everyone. How do they get them to sing like that . . These pups in london made the good list this year. This picture going viral on social media. I love it. The owner of the grooming company that took the picture telling bbc, quote, it was easy to take as long as you have the right dogs. There is luna thats my dog, dressed up for the holidays. We can do that. Very cute. Merry christmas. Merry christmas to you, too. Risk reward starts now. So this is the bill right here, and were very proud of it, a tremendous thing for the American People, its going to be fantastic for the economy. Its going to Keep Companies from leaving our shores and opening up in other countries. Corporations are literally going wild over this. I think even beyond my expectations. So far beyond my expectations. So ill sign this today rather than having a very big formal ceremony in two weeks, when we were going to do it, because i didnt want you folks to say they wasnt keeping my promise. Im keeping my

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