Champagne down pennsylvania avenue. There are only two places where americas popping champagne; the white house and the corporate boardrooms including trump tower. The gop tax scam is about bleeding the middle class dry to pad the pockets of Corporate America and the wealthiest 1 . Paul joining the panel, wall street journal columnist and Deputy Editor dan henninger, columnist kim strassel and Mary Anastasia ogrady and editorial page writer kate odell. Why did they succeed on taxes when they failed on health care . Right. That is one question, because you would expect a failure to make it harder to succeed. But i think here the Health Care Failure really focused the minds for the gop that, for them, it was do or die for their majority in 2018 to get a tax bill passed. And it wasnt always clear they would choose do. [laughter] but also i think there was a rougher consensus on what a tax bill should look like where on health care a lot of variety, you know, some wanted to keep entitlemen
To with hold their support unless children of Illegal Immigrants are protected of deportation. And more evidence of corruption of the highest echlon of the Justice Department. Andrew mccabe playing dumb on who funded the discredited trump dossier despite the reported use of documents much the funding with mccabes signature on them. We talk to matt gates. Our top story President Trump declaring victory and celebrating the passage of the tax reform. Its been an amazing experience. I have to tell you. It hasnt been done in 34 years, but really hasnt been done. We broke every record. Lou the president coming away with a cut in the Corporate Tax rate from 31 to 21 percent. A cut in the tax rate for and a doubling of the Child Tax Credit and big reduction in taxes for Small Businesses. Tax reform bill and eliminating the tax penalty in the obamacare individual man date. It is a lot of fun and win and you work hard and lose is not acceptable. Lou it was Senate Majority leader Mitch Mcconnell
The deduction goes away. Small things that wont be there that people rely on. One thing that i think is critical that theyve missed, theyve kept the carried interest, and benefits the hedge fund managers, and theyre paid as if theyre investing money, thats not fair, thats got to change. Trish im glad you brought that up. This is something the president promised to address and i think we have some sound of here from the campaign trail talking how he would address this inequity. As part of this reform, well limb nate the carried interest deduction, wellknown deduction, and other special interest loopholes that have been so good for wall street invests and for people like me, but unfair to american workers. Trish gary, i want to clarify something because a lot of you get a little concerned about this and afraid that perhaps it would affect their investments. What they need to clarify here, were not talking Capital Gains for everyone, were talking a very small sector of the Financial Commu
To with hold their support unless children of Illegal Immigrants are protected of deportation. And more evidence of corruption of the highest echlon of the Justice Department. Andrew mccabe playing dumb on who funded the discredited trump dossier despite the reported use of documents much the funding with mccabes signature on them. We talk to matt gates. Our top story President Trump declaring victory and celebrating the passage of the tax reform. Its been an amazing experience. I have to tell you. It hasnt been done in 34 years, but really hasnt been done. We broke every record. Lou the president coming away with a cut in the Corporate Tax rate from 31 to 21 percent. A cut in the tax rate for and a doubling of the Child Tax Credit and big reduction in taxes for Small Businesses. Tax reform bill and eliminating the tax penalty in the obamacare individual man date. It is a lot of fun and win and you work hard and lose is not acceptable. Lou it was Senate Majority leader Mitch Mcconnell
The allegations of antitrump bias at the bureau congressman peter king will join me me and news from north korea all of that and more as we look ahead on sunday morning futures. Fresh off President Trumps first major legislative victory, signaling and signing the tax overhaul into law. Hes making a bold prediction about his next Big Initiative on capitol hill, infrastructure saying it will get tremendous bipartisan support but will the democrats actually go along joining me right now, jason chaf its, former chairman of the House Oversight committee and a fox news contributor. So good to see you Merry Christmas. Good morning Merry Christmas. Trish is this going to be it, infrastructure . There have been a lot of talk about entitlement reform could infrastructure be the next big policy move . Well if theres one thing that democrats do its spend money, so i dont think it will be trouble getting democrats on board. I think the real worry is actually going to be the conservatives in the hou