See a cut from 35 down to 20 . Thats similar to the house tax plan. The main difference is that the reduction wouldnt kick in until january 2019. Thats a dechparture from President Trumps initial demands. And the salt writeoff ends under this senate bill. Particularly Property Owners in high tax usually blue states like california, oregon, wisconsin and maryland, they could see a rise in their federal tax bills starting on january 1st. When it comes to tax cuts, congress nonpartisan joint committee on tax says 60 of americans at least a tax cut of 100 in 2019. The gop plan individual tax cuts set to expire by 2026, while Corporate Tax cuts are permanent. Thats a budget gimmick designed to keep the Sticker Price under 1. 5 trillion. The Congressional Budget Office estimates American Families earning 75,000 or less would see a tax hike by 2027 as a result of this expiration. Even though the president insists this tax bill will hurt the wealthy, including himself, the Tax Policy Center sa
The committee is expected to vote to approve the report tomorrow along party lines. Then on wednesday, the House Judiciary Committee will hold its first hearing. The hearing will feature legal scholars rather than actual witnesses to the ukraine scandal. To focus on the constitutional grounds for impeaching the president. Politico writes for the week of december 16th, if the dems want to impeach before the end of the year, wed have to see articles of impeachment this week. Remember, it took the Judiciary Committee only three days in 1998 to draft the articles of impeachment. Joining me now from capitol hill is msnbcs garrett haake. Garrett, whats the feeling on capitol hill about what this weeks going to look like . I think its another buckle your seatbelt week, ali. We got members just starting to come back into town. Tonight, well have the release of that report. Sometime tomorrow night after members approve it. Then the hearing wednesday. Theres potential to go either way. I could s
Leading the impeachment inquiry added the Defense Department and the office of management and budget to the growing list of those who have been subpoenaed for documents and records. This comes as were still expecting the white house to send a letter to House Speaker nancy pelosi telling her it will not hand over anything to the house until the house votes to formally approve an impeachment inquiry but as this subpoena fight drags out, lawmakers hear testimony from two key players in the saga. U. S. Ambassador to the european union, sondland and former ambassador marie. Lets start with hans nichols at the white house. Any sense soft when, how, or if the white house will plan to respond to the new subpoena it has received from the House Committee including the ones from last week . Reporter if is probably the best question there. From the white houses perspective, talking to senior official just moments ago, they refer to this as a faux impeachment. There is a sense they want to almost d
President. And thats not the only Court Action Going on. Today, the Justice Department said theyll fight a federal judges ruling requiring them to give democrats grand jury material thats related to the mueller report. The impeachment Battle Ground expands, theres growing anxiety within the president s party. The post saying gop senators voiced exasperation at the expectation that they defend the president against the troublesome picture that has been painted. With neither convincing arguments from the white house, nor confidence that something worse wont soon be discovered. Joining me now from capitol hill is msnbcs garrett haake. And washington correspondent for the New York Times and msnbc contributor charlie savage. Hes also offer of power wars. The relentless rise of president ial authority and secrecy. Theres the book. Garrett, a judge has yet to be assigned to kuppermans lawsuit. But how long could this take . And whats at stake here . Chris, an update within the last few minute
But happy birthday today, ali and i hope you have a wonderful evening. I hope you have special plans. Well, anything like the day i had, im in a bit of a sugar coma, but its fantastic. Thank you, my friend. You have yourself a great afternoon. As katy said its tuesday, october 29th. This man has no credibility. Hes shooting holes in the constitution. Not my words the words of joe biden. The political rival who is allegedly targeted by President Trump in the ukraine scandal. What President Trump did is closer to coming into public view because any minute were expecting the release of the resolution from house democrats. Right now, top ukraine the the top expert, this man Lieutenant Colonel Alexander Vindman is testifying under congressional subpoena to talk about his concerns over the administrations pressures on ukraine. His testimony might be the most damning yet. Why . Hes the first person in front of the house impeachment investigators who witnessed the phone call. His Opening State