Now on for Senate Republicans to pass what President Trump calls the largest tax cuts in u. S. History. Welcome to risk reward im elizabeth macdonald. The dow streaking up 160 points the s p and nasdac also hitting fresh new highs as President Trump pitched tax cuts to both democrat and republican members of the Senate Finance Committee Earlier at the white house today making it clear he wants to bipartisan support for tax cuts. The president says tax cuts will help grow jobs to the middle class and put an average 4000 into the pockets of americans. This as five democrats on the committee of the Senate Finance committee face reelection next year and states that President Trump won. Republicans now forecast tax cuts by thanksgiving while the president says it could be christmas. Well have more on that in a minute but first a warning sign. Investors are pulling more money out of stock funds than they are putting into those funds so far this year. Pulling 36 billion thats flowing out of e
Neil if you had to handicap the way it looks in the senate, how does it look . Well, out of ten, last week i gave it an eight, today im going to give it an 8. 5. Im feeling very confident that weve worked this for many, many years, and i feel that were on the same page here. Neil you know, there is speculation, senator, that theres a rush in the senate now like there is in the house to get a vote this week in the house, maybe even very soon with roy moore and could he lose, it is problematic, 5149, is any of that true, the rush to get done . Weve been on pace to finish this either next week or the week after, here in the senate. I dont see any changes according to when or how any election, we know we. We want to do it end of the year. I dont think well get diverted. Neil how do you feel about the whole moore situation . Half the republicans in the senate now say, he should step down. Well i think you know the the the allegations are stunning. He should rethink his candidacy and steppin
President s firing of fbi director james comey, putting big trump initiatives like tax and Health Reform and infrastructure bill, jobs, economic growth, all now on hold as washington and the nation is now gripped. And what the media is calling a constitutional crisis. Tonight, we dig beneath the headline to give you the real story. Plus, weve got the names of who could replace james comey, and were going to talk to you about the media bias as well. Welcome to risk and reward im Liz Macdonald in for deirdre bolton. Democrats changing their opinions on james comey faster than a weather vein in a hurricane. Calling it quote the tuesday night massacre, giving it nixonian overtones. But they were for comey before they were against him. Listen. Were all disturbed, first of all, by the letter, which really broke precedent, was over the advice of the leaders in the Justice Department. You know, im not challenging mr. Comeys motivation, but i think it was unwandered. It was a mistake. Got a big
Wait. The pressing issue today for tens of millions of americans as hurricane rv. Its not the wind that is struggling, its the rain. Over texas and louisiana dumping 20 inches or more. Serious flooding predict it. Theres one winner winner. 759 million. The Winning Ticket bought in massachusetts. If he or she takes a lumpsum payment, it will be around 450 million. Then, it will be taxed by massachusetts. The actual payout, 250 million. The feds and everybody else get the half a million. What a deal. Varney company is about to begin. Stuart i thought i recognize that. Varney company in the background. Thats pretty cool. Congress comes back in september with the scant 12 days to get a budget and a debt ceiling done. With that as the backdrop, where are we going to open this market today . S. Come on the upside. Maybe the two sides are beginning to get together. Well be up 60 points in the opening bell. Weve got a date, september 12th. Apple inching up in the head of that revelation. Senio
The race to chair the party, and hes thrown his support behind the far, far left candidate congressman Keith Ellison. Chalk this up as a win for the unhinged left. Wait til they see the president s new immigration order set for release sometime this week. In new york i am a muslim demonstration yesterday. The president s order, the new one, reportedly keeps travel restrictions on those same seven predominantly muslim countries. The left can do what it likes, we will celebrate president s day, we are on the air live. Our competitor is not. So sit back and enjoy [laughter] politics and money on president s day. Varney companys about to begin. Stuart as the song says, we are, indeed, taking care of business while the other guys are on tape. N i think theyre selling bed sheets or something at the moment. [laughter] ashley, as one immigrant to another, im very happy to be here. Yes. Greetings, everyone. Stuart yes. The markets are closed, but with we are here and very happy to be so, ladies