There be a special council to look at Hillary Clinton uranium one controversy as we look ahead right now on sunday morning futures. Republicans notching their first big victory on tax reform. The house passed its bill last week and now it is the senates turn as they prepare to vote on a different tax bill after the thanksgiving holiday. However, 13 republicans actually opposed the house bill on the fate of the senate bill is far from certain. How does the gop get everybody on board . Joining me now is Illinois Republican congressman peter rosscam, chairman of the house ways and means subcommittee on tax policy good to see you thanks for joining us. Thanks maria. Maria congratulations on a big victory last week. Ill read you a couple comments on the group from the committee for responsible federal budget and she says tax cuts do not pay for themselves and shes looking at the current bill that just passed saying that the last Time Congress added 10 figures worth of tax cuts to the debt w
Factors them out, and either way the markets continue to advance. Weve got market watcher heather with us and dow jones news wire editor glenn holm. Heather, lets begin with this expectation that were going the see the big tax cuts, and corporations particularly are going to be the biggest beneficiaries of the biggest tax cuts;s that is, taking the existing rate from 35 presumably to 20 . I guess the only detail is when it would take effect. What if they dont do what theyre expected to do . What if they dont pour it into equipment and jobs, etc. , but just into boosting their dividend . Things they can do, its their money sure. Neil what would fallout be of that . That would be very good for the stock market. If it doesnt invest in plant, property and equipment, but if youre still buying back shares and increasing dividends. But if you dont own stocks, it may take some time for the economic effects to play out because you Want Companies to use that cash to hire more workers and for dom
Oneman come in three of have gone public. Its indeed a delusion, it is not over. We will ask what is the appropriate punishment. Blockbuster news on the merger front. Justice department sues to at t and time warner. Many lawyers say justice doesnt have much of a case. Others say it is political. President trump doesnt like cnn owned by time warner. Look at this. Here comes another rally. Stocks going up triple digits at the opening bell. Some very strong economic indicators. Maybe a Strong Economy moving the market rather than hope for a tax cut. What a day. Big names accused, big rally on the way. Again, and Varney Company about to begin. The big outrage in washington is not Sexual Harassment. It is an old story. The big outrage is that we taxpayers are paying the bill for the settlement payment, the hush money to protect these bigtime harassers on capitol hill and that is what got been stopped. Until you had harassers from both parties and their wallet because thats where it really h
And individuals. Later on in the program, author and journalist god an chang joins me and ill ask him about President Trumps successful trip to asia and decision to designate north korea a state sponsor or terrorism we look ahead right now on sunday morning futures. And the gop tax bill which would lower the rates across the middle class is now in the hands of the u. S. Senate. After the break they will come back this upcoming week and decide the fate is far from certain though as a few key republican senators have already come out against this bill. Others say they are leaning against it. So, can the gop get everybody on board and be a successful tax plan and change the code . Joining us right now the man behind the tax overhaul, texas republican congressman kevin brady hes chairman of the house ways and means committee. Mr. Chairman good to see you again happy thanksgiving. Thank you, hope you had a great thanksgiving. Maria listen, we want to talk about this tax bill we know in the
And individuals. Later on in the program, author and journalist god an chang joins me and ill ask him about President Trumps successful trip to asia and decision to designate north korea a state sponsor or terrorism we look ahead right now on sunday morning futures. And the gop tax bill which would lower the rates across the middle class is now in the hands of the u. S. Senate. After the break they will come back this upcoming week and decide the fate is far from certain though as a few key republican senators have already come out against this bill. Others say they are leaning against it. So, can the gop get everybody on board and be a successful tax plan and change the code . Joining us right now the man behind the tax overhaul, texas republican congressman kevin brady hes chairman of the house ways and means committee. Mr. Chairman good to see you again happy thanksgiving. Thank you, hope you had a great thanksgiving. Maria listen, we want to talk about this tax bill we know in the