Our guest is congressman adam smith of washington state, the ranking democrat on the House Armed Services committee, a member of Congress Since 1996. Thank you for being with us. Thank you for having me on. Let me introduce the reporters who will be asking questions. We want to start our conversation with the developing situation with north korea that, there are reports from multiple National News sources the white house is set o make a long rumored move with secretary of state tillerson, replacing him with mr. Pompeo from the cia, and replacing mr. Pompeo with senator tom cotton. This is part of the administrations foreign and National Security team and im wondering if you have a reaction to those names in those particular places . Rep. Smith i dont know that it changes anything. My biggest concern in that grouping is the state department. That, whether its secretary tillerson or secretary pompeo, the state department has not been engaged. Diplomacy has fallen off significantly. Moral
Mr. Brady when we started this, we believed america could leapfrog to the best place on the planet for the next new job and the next new business. Today we achieved those goals. As we go forward, i want american taxpayers to think of three days to dates and keep them in mind. New years day, america will have a new tax code for a new era of american prosperity. In february, on february 1, look at your paychecks. Because youll see the tax relief we delivered today. On april 15, you will for the last time file your taxes under this horrible, terrible tax code that were putting behind us for the American People. Together we did this. Thout the lead with the leadership of the house, especially speaker paul ryan, and through the help of the American People we are delivering a new tax code. Mr. Mccarthy i want to thank chairman brady for the work hes done bringing this conference together, going through the conference report with the senate and having this bill pass the floor today. Itll move
Abigail were almost at the end of the year. We had a big rally, also for stocks. Not a big rally but solid gains. The dow is on pace for a record close. Right now, we do not have alltime highs. Check out this smallcap russell 2000 leading the charge of about up of. 6. The big topic, the tax overhaul. Smallcap companies are considered to be more sensitive to, considered their more meaningbased, perhaps they are more sensitive to what is happening in the u. S. 3316. Look at g btv these are not the russell 2000 Tax Companies but what we are looking at in blue are low Tax Companies. This purple, goldman sachs. And the wide to it high Tax Companies white, high Tax Companies, up 7. 7 . Deal. Ll but a done pretty interesting. It is also interesting to see the russell 2000 sensitive to taxes overall and what is happening in the u. S. G btv 32, this is a oneyear chart. The white, russell 2000 to the s p 500. It has been trending down as the husband uncertainty and volatility around the possibil
, acceptte has to decide the house plan or risk a christmas shutdown. Kevin cirilli is on capitol hill with the latest. We have been through this before. One of the prospects looking like at this point . Kevin it looks like at this point . Kevin it looks like they are going to kick the can. They are going to vote at 5 00 for a onemonth continuing resolution. It could get more complex when it gets to the senate. No locking no lawmaker wants to jinx it and by their ticket home because they want to wait and see what the senate is going to do. All indicators suggest that republicans are trying hard not to step on themselves one day after passing a tax reform package and would like to get out of here by close of business tomorrow but it is going to be up to the senate. Senator rand paul has concerns about surveillance programs. It is interesting it is going to be interesting to see how much noise he can make. David you also have senator collins who is holding a iou from majority leaders. Wh
Would like to purchase it for the celebration of our marriage. The colorado law would prohibit that but you claim that you are entitled to an exception . Absolutely not. The compelled speech doctrine is triggered by compelled speech and in the context of a premade cake, that is not compelled speech. Mr. Phillips is happy to sell anything in his store. Didnt he express himself when he made it . Yes. He did express himself when he made it. The purpose for which he expressed it is important to the compelled speech doctrine and how it applies. Can i get the answer . If you agree, why can he not refuse to sell the cake in the window according to the hypothetical . It has already been placed in the stream of commerce. His speech has been completed. He intended to speak through the cake with the purpose of whatever it was when he created it. When he has a different purpose and is expressing a message through the cake, it would render a different result. Didnt he refused to sell cupcakes that