They made their taxes lower, and far lower in many cases than ours and jobs left our country. Large corporations changed their Business Models by exploiting jobs to other countries and then shipping their goods back to the United States where they make massive profits and they wouldnt be paying tax to us either so we lost the jobs, we lost the taxes, they closed the buildings, they closed the plants and factories, we got nothing but unemployment we got nothing other businesses, even classic American Brands switch their headquarters to foreign countries. Because of this and other reasons like weak borders, america remains stuck in the past although i have to tell you, we have general kelly here today, and we stopped 78 going up to 80 on the border traffic coming through. In just a short period of time [ applause ] hes done some job whole different world out there right now. Today, we are still taxing our businesses at 35 and its way more than that and think of it, in some cases, way abo
Yes, this is the last hour of trading on this shortened market day and there are fireworks in the stock market a pretty good start to the second half of the year, right extraordinary we are up 200 points just a second ago alltime intraday high for the dow and alltime intraday high for the transports look at financials and Energy Leading the way, some of the laggards for this year and Tom Mcclellan will tell us later why he thinks the bull run is forar from over a new report this morning says President Trumps chief strategist, steve bannon, is pushing for a tax hike for the upper income bracket well get you those details. Youre on a roll. Do you want me to pick this up tesla, yes, its true the model 3 is on its way and the stock market was higher earlier. Its given up many of the gains here ford and General Motors are powering higher after their auto Sales Numbers came out well tell you whats behind all these moves, coming up in fact, tesla says it looks like it wants to turn positive o
Story. After 21 hours on the senate floor, texas senator ted cruz wrapped up his brave and courageous obama care filibuster today. That said, the debate and the political standoffs are far from over. The real voting is about to begin. Cnbcs chief washington correspondent john harwood joins us now with all the details. Good evening, john. Good evening, larry. We had an unusual end to that filibuster which you called brave and courageous. 100 people voted against it, including ted cruz himself. It became so unpopular by the end, that ted cruz decided to go with everyone else, seeing which way the wind was blowing. What were going to have now is a debate in the senate over stripping out the defund obama care provision. Not sure exactly when thats going to happen. But cruz has indicated he may shorten the time and not drag it out all the way to sunday. Many republicans wanted him to shorten it so that the house will have more time to send a counterplay back to the senate. But it does appea
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