detail. you heard scott hodge. what do you make of it overall? well, i think scott s exactly right, that we re looking at a major pro-growth cut on the business side and nothing on the individual side that s going to make it meaningfully better. the house narrowly avoided sunsetting the corporate rate cut in years nine and ten which is a huge relief because companies make investment decisions longer than ten years. now, to make the math work for the budget, they had to make other things temporary like the new parent credit, but that does nothing for growth and could be extended if congress decides. paul: and the expensing provision, five years as scott said. but i think there ll be pressure to extend that after five years. that d be my guess. oh, absolutely. we ll just do this every five years if we have to. paul: okay. so, dan, the business side seems to be the best. the business side does, indeed, seem to be the best. cutting the corporate rate from 35% to 20%. and let me addre
their leaders decided and what the bill is called, and we will know what is in the tax bill. what i do know for sure it s going to be hard to make the math work and a hard quick sell to get this done, something republicans want to do. and later today we will learn who the new fed chief will be. the president will unveil that pick ending months of speculation. the man on your screen, widely expected to get the nod. janet yellen would be the first fed chief since the carter administration to only serve one term. we ll be back. let s begin. yes or no? do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks,
trying to reduce medicare and medicaid to the tune of $1.5 trillion. where is that money going, to tax cuts? absolutely. so they can make some of the management work. math work. it decimates medicare and medicaid when you read it with the budget and thirdly it doesn t do anything for the middle class. think of the estate tax. you mentioned that before. how many states in pennsylvania are benefitting from this? 150. not 150,000, 1-5-0. in fact you know the state of pennsylvania which i said when u was in ireland last year, don t worry, it s the blue wall. no way it s going to vote for trump and it did. what s different now? is it going to vote for trump again? is there something that s changed in the heart of the pennsylvania voters and that blue wall. there are a lot of folks, especially between now and 2018 that we can talk to in pennsylvania that will have a
society. if we are going to be able to pay our social entitlement. a decade or so from now you know, the masses really ugly. they all knew this. they knew the numbers, but the common response back is they did not want president trump to have something that look like he has tainted it in their view. they saw through a lens of president trump and so for those of us on the ways and means committee trying to grind out the numbers, to make this as fair, simple and progrowth for our communities as possible, you sort of wish there was a way to strip some of the crazy rhetoric and politics away and do math. i know a lot of us that republicans summit accountants. but on occasion you need the adults to step in and make the math work. so how did this math work? some would say the republicans said the same thing to president obama. some that is. they are refusing to work with
whole bunch of folks in this country who oppose everything about that. so what we saw this weekend was a deluge of outsiders trying to intimidate us away from th work. but to your question, we had the largest assembly of law enforcement personnel in the assembly since 9/11. they were charged with one mission, which was setting the conditions for people to peaceably express themselves and assemble. that you know, they didn t do that starting right at the beginning. so unlawful assembly was properly called. and events unfolded from there. but we re going to move past this. the healing has just begun here. well have important work to do in our democracy and we re going to get going on that now. this is the city to do that. you on the one hand thanked the president for condemning the violence. but you added this. i do hope he looks in the mirror himself and thinks very deeply about who he consorted with during the campaign.