Also how we deal with international competition, which was damaging to the United States much of that gets fixed. It is tax reform like the bipartisan 1986 tax reform fix, but his rate reduction progrowth. The president and speaker ryan said that you can do your taxes on a postcard. Will that be the case . Can. R 80 to 90 right now, two thirds of americans use the standard induction. I do not have to itemize their deductions. 95 . Will go up to at least 90 of americans will have the benefit of it. The do not need to, because they get a larger standard deduction before doubling it. So yeah, it will be easier for most people. Some will have more complicated ones family like. Theres more to be done. Happenexplain what will to the alternative minimum tax for individuals. Not corporations, but individuals. Grover we hope to abolish it completely. Because of senate rule constraints, we were not able to. I think we should get rid of it, because any tax consultation it camet can start down to
For the next hour or so have the china open, we will look at how the Asian Pacific market continues to digest. A quick check and where we are when china opens up. Have a look at my charts here for you the index futures, we are looking at 850 a. M. Here. See the west end china traded here. We are up about two and a half percent. If that is any indicator of how the open will look, it will pop up here on the index. That will get up and running in about 25 minutes from now. Haidi chinese investors coming back to a trading environment world that looks a lot better than when they left it. Chinese newter the year holiday. Trying to play catchup in terms of those lows we saw supported hong kong and the midst of that selloff trade a pretty bereft day when it comes to asia, plenty of time and attention for investors to focus on this as they really saw indications of the central bank that was increasingly confident also a pickup when it comes to tightening the rent tight. Its take a look ahead. W
Question mark the odyssey continues. A deal on greek debt relief, creditors angry, reaching an accord next month. , 22 people have been confirmed dead with around 50 injured at a blast in the u. K. In manchester. It happened at the Manchester Arena late last night as a pop cert by arianne Ariana Grande was wrapping up. Most of the u. K. Attack since the london bombing in 2005. Theresa may will chair a meeting of the Emergency Committee at 9 00 a. M. U. K. Time. Our executive editor for International Governments joins me on set. The Prime Minister and the home secretary before that, she has experience in dealing with these incidents. What are the structures the u. K. The in place to deal with investigation and the incident itself . The same structures that you see in most other major countries but the key thing now for theresa may is that this is happening at an on time. This is happening in the middle of an Election Campaign. She needs to look like she is Prime Ministerial. Let it look
Reports of shots fired at a hospital. Now six hours later, were finally learning the results of an extensive search at denver rose medical center. Police found nothing inside the victim. Reporter multipl called 911 saying they heard shots fired at rose medical center. She explained that somebody had fired fun shot shots outside the building. And there seemed to be regular activity. Reporter a mass itch response by police, including my worry is my wifes work leader for 25 years. Im a little concerned. Reporter dan is worried about his wife and son. Shes in a very secure part of the building. We conducted a zone by zone search of the facil not locate a suspect or a victim reporter additional searching was done after dark. What evidence was found . Were not good afternoon talk with the details. But i can say our detectives are getting into a good path. Reporter the hospital wouldnt say how many people were on lockdown. Denver police do have a person of interest a white man in his 30s, 130
Thorton police immediately. Lets get your weekend started with a check of the forecast. Off to a nice start. Were largely from the 30s and 40s for most locations. 31 in craig, 31 in leadville, 44 over in lamar. There are a spots out there. On mornings like this, you see the micro climates around the state. Lower 50s. Some 40s showing up. 40sin northern douglas county. We have 25 degrees up in the northern part of colorado to 37 from johnathon green span at the mountain village. For the blues and brews fest going on that way. Last night, you may have heard the thunderstorms that may have tried to form. A weak disturbance was crossing the state. There was a 10 chance that it would deliver but it did, right over the city. Waking up to clear skies across the state. We are going to crop up a few storms today and one or two could be severe. Where that could be in the main weather. New this morning, two hurt after a shootout in west philadelphia. Police say that the suspect was shot and kille