Points. Were off the lows of the session. Well talk about whether or not this is baked in. Whether or not were powering higher to 25,000, amid the news the gop is finally get something done. Welcome, everyone, to the intelligence report. Im trish regan. Well get reaction from two republican lawmakers on the tax vote. Plus an update on the deadly Train Derailment in washington state. First to adam shapiro on capitol hill with the latest on the tax reform as they begin the vote. Reporter the vote underway. We expect when the house passes it. They move to the senate. Motion to proceed and to flight well have a vote in the senate. Mitch mcconnell said as much. Recap what some of what paul ryan said as he was closing the arguement why people should vote for this bill. In the short term every american essentially getting a tax cut. That is in the short term. This will put money back in peoples pockets. One phrase he is saying quite a bit, trish, the conditional of your birth should not deter
Stocks giving up early gains ahead of the tax vote. The dow transports did manage in an intraday record high before turning lower. Energy and Consumer Staples the best performing sectors. Real estate utilitys the biggest laggards as we are seeing the biggest rise in the ten dayyearold darden restaurant rallying, beating earnings estimates navistar is soaring to 10 the truck maker comfortably beating profit estimates revenues also beat navistar calling 2017 a breakthrough year of the company. Shares of chicago iron tanking, being bought by Mcdermott International for 6 billion in stock. The two companies provide construction and Engineering Services for the oil and Gas Industries that stock down almost 7 . Thank you very much, melissa. Welcome everybody, im tyler mathis mathisen we begin with breaking news. The house all set to vote on the big tax bill in the next half hour the biggest change to the u. S. Tax code since 1986 or thereabouts. It will affect every business and every househ
Mr. Brady when we started this, we believed america could leapfrog to the best place on the planet for the next new job and the next new business. Today we achieved those goals. As we go forward, i want american taxpayers to think of three days to dates and keep them in mind. New years day, america will have a new tax code for a new era of american prosperity. In february, on february 1, look at your paychecks. Because youll see the tax relief we delivered today. On april 15, you will for the last time file your taxes under this horrible, terrible tax code that were putting behind us for the American People. Together we did this. Thout the lead with the leadership of the house, especially speaker paul ryan, and through the help of the American People we are delivering a new tax code. Mr. Mccarthy i want to thank chairman brady for the work hes done bringing this conference together, going through the conference report with the senate and having this bill pass the floor today. Itll move
Turns out he can. We have found a way to save american taxpayers up to 180 billion. Well show you how the president can do this without the swamp. Bizarre turn of events in the United Airline story. Democratic congresswoman Sheila Jackson lee says the entire fiasco happened because of racism. She claims the passenger targeted her because she is africanamerican. More on that later in the hour. First blake burman on the breaking news story on health care. Blake, fill us in. Reporter trish, there is a couple different messages from the white house on health care on the way forward. You remember the tweet yesterday potentially he could work with democrats and republicans on way forward with health care to come up with a new plan. However a white house official telling fox moments ago that the white house is also considering an executive order that would allow the department of health and human service, hhs, the department of labor, to look into rewriting the rules so that obamacare mandate
Historian David Mccullough. You are watching booktv on cspan2 live from the 17th annual National Book festival. [applause]. He will be followed they struck a chord in the National Conversation about poverty in america. Thomas freedom barely needs an introduction he is an internationally recognized writer on the Foreign Affairs and the environment. In Michael Lewis is famous for his books about finance such as liars poker but he is equally famous for his books about topics as diverse as adoption and baseball. The screen adaptations of the blindside in moneyball among others had been enormously popular. In condoleezzas rice was the secretary of state for the united states. And she is now on the faculty of Stanford University traveling from california to be here with us today. And finally mr. David baldacci. In fact, for a record setting eight time at the National Book festivals thrillers and books for young people have been read by millions. Im very pleased to be able to turn this over t