Just beginning. Fbn am starts right now. Cheryl 5 01 a. M. In new york, friday december 15th, good morning, im Cheryl Casone. Lauren good morning, thank you for joining us. Im lauren simonetti. Cheryl a lot of breaking news to get to. Is tax reform in jeopardy, two republican senators pressing for late changes in the bill, compromise bill, florida senator marco rubio and utah senator mike lee want to expand the child tax credits for lowincome families. I would outline the need for child credit. Its 1,100, a lot of people making 35, 40, 25,000 working are not going to be able toout liez as utilize credit as they need and i asked that the 1100 be raised. 21 without going into effect last year and cap salt at 10,000. Cheryl meanwhile one week to go before the froth runs out of money. Asham shapiro has the latest from washington. Adam good morning, while everybody is paying attention to tax reform, another issue thats starting to play out and thats funding the government past the december
Who is live at aquatic park which is now closed. Reporter thats right. Authorities have shut it down to swimming until monday because of the latest sea lion attack. They just put signs up and down the shoreline in the last hour or so. Swimmers are asked not to go into the water, obviously, but they are wondering if its the same sea lion that attacked a different swimmer yesterday afternoon. We want to show you some cell phone footage taken this morning. It shows people helping this mornings victim out of the passenger seat of an suv into an ambulance. Now, the attack happened around 8 a. M. This morning. The victim was swimming in the aquatic park. He says a sea lion came from underneath him and bit him in the groin area. He screamed out for help, swimmers nearby came and swam with him to shore. He came in shocked he had a look in his face where, um, just wanted to get to a hospital. So we called 911. Sat back and had some coffee and heard ah, ah, ah looked over to see a guy just right
Rate. This news is helping the market today. Half an hour from now, well get another positive start. The dow going up about 100 points, despite last minute holdouts, investors do believe that the tax deal will go through on schedule. No Financial Report these days. It is complete without the bitcoin quote. Here it is. 17,782 per coin. Bitcoin futures trading starts on another exchange sunday afternoon. Politics, there is more evidence of a deep state plot to interfere with the president ial election. Fox news has found another example of the fbi changing its judgment on Hillary Clinton, to reduce her legal risk. The cap ball of trumphaters got her off the hook. Talk about a full show . Lets get on with it. Varney company is about to begin. Oh, it was inevitable, wasnt it. Classic music choice by our producers. Welldone, folks. 10 days to christmas. Yes, you are big spenders. Youre spending a lot of money. One analyst firm says, that since november the 1st, online revenue has risen 24 c
Washington and the leadership in some parts of the republican party, particularly the senate, and that is what is driving him. Want afterward senate and 9 00 p. M. Eastern on cspan2 possible tb. Now, to the house and Senate Conference meeting on tax reform. Committee members talked about the two tax reform bills passed separately out of each chamber. Good afternoon, everyone. I am deeply honored to tear this Conference Committee, the first Tax Reform Conference Committee and 31 years. And to be here with all of you as we move forward with this historic effort. Before i deliver my opening remarks, i want to take a moment to welcome everyone to discuss the format of todays meeting. I would also like to thank all of the members of congress trying us today from both sides of the capital, and both sides of the aisle. I also thank all of the members of the house and senate and our professional staff who have worked so hard on tax reform for the past several years, and in particular, the memb
80,000 pictures first, mr. Chairman. I wanted to get them to do that. Mr. Chairman, mr. Neil, thank you. Welcome to the rules committee. We previously began tonights markups with hr 3312. The destination improvement act of 2017. Chairman has given that testimony. We will now proceed to consideration of the conference report to accompany hr 1, tax cuts and jobs act. The tax cuts and jobs act is a bold pro growth bill that will overhaul our tax code and unleash the Free Enterprise system and it does so by lowering taxes on businesses of all size so the job creators can focus what their job is, that is creating jobs, moving forth our economy and giving people an opportunity to better their lives including increasing paychecks and the opportunity to have our country not only move forward but its people at the same time. Mr. Chairman, i have characterized this bill for quite some time as an opportunity to take 5 5. 6 trillion of 10 years worth of tax Code Provisions, and move that from tax