household average couple with two kids in every district in every state will benefit from the tax cut. democrats have to run against i it. the tax cut is not that popular. i m sure the heritage foundation that helped write the tax cut with that analysis together and you put it over a 10-year span and your lowest is $394. it s better than negative $394. i m not saying whether it s good or bad but i m saying in terms of how it s doing, it s getting less popular. shannon: because people hate their own money? no. the promise was everyone s going to fill this great relief. my thesis is when those bonuses, you get $1,000, look at the companies giving money back, most people didn t get $1,000 and most people didn t get when bush and pelosi did their thing, everyone s getting a check. you re going to open the mail
median household average. again, not wholly convinced this saul about the middle class but joined by somebody who s going to make the argument, i believe, that it is. republican congressman buddy carter of georgia, whom i really like but last time, mr. carter, you were on here, got me in trouble using a crazy expression i d never heard of before. none of that today. no naughtiness. i agree. no southern phrases g. to see you, my friend. talk to me about this. i don t fundamentally object to fixing the tax system. don t fundamentally object to simplifying something that s complicated but you re going to have a tough time selling the fact that there are things in here that are going to be tax relief to high earning americans, and i m less clear on how it s tax relief for everybody else. well, focus on what it s tax relief for. for middle-income families. what our goal was and what the framework of this program is going to do. it increases the standard deductions. more than doubles is.
$120,000 of debt in 36 months. if you live like no one else, later you can live. give like no one else. you pay a price and it sets you free. reporter: linzie janis, abc news, nashville. proud of you. this is amazing. their story is only one. the story of that family drums all over the country. absolutely. it s amazing the amount of people that owe a lot of money. it s all of us. $15,000 is the average people owe for credit cards. $31,000 the average they owe for student loans. $30,000 for auto loans. and by the way, household average income $52,000. listen to this stat. only 59% of americans have at least $500 in their bank account. that s peanuts. basically like a hand-to-mouth situation for the vast majority of americans. paycheck to paycheck for just about everybody. wow. coming up, could there be a ceasefire in music s first family. days after this video was released, jay-z attacked by his
$120,000 of debt in 36 months. if you live like no one else, later you can live, give like no one else. you pay a price and it sets you free. reporter: linzie janis, abc news, nashville. proud of you. this is amazing. their story is only one. the story of that family drums all over the country. absolutely. it s amazing the amount of people that owe a lot of money. it s all of us. $15,000 is the average people owe for credit cards. $30,000 for auto loans and by the way, household average income $52,000. listen to this stat. only 59% of americans have at least $500 in their bank account. that s peanuts. basically like a hand-to-mouth situation for the vast majority of americans. paycheck to paycheck for just about everybody. wow. coming up, could there be a ceasefire in music s first family. days after this video was