Adam shapiro joins us with all the details. Reporter its important to know in regards to tax reform, they have always been on separate tracks. Tax reform will be guided by what will eventually be the 2018 budget resolution in the house and senate. Tax reform according to chairman kevin brady of the ways and Means Committee not in jeopardy. But with healthcare, you saw what happened today. Lets look at the three nors who for lack of a better term killed the repeal of obamacare. Yet there may be at the end of the kay the ability to come together, democrats and republicans. Let obamacare fail. It will be a lot easier. I think we are probably in that position where well let obamacare fail. Im not going to own it. The republicans are not going to own it. Well let obamacare fail and then the democrats will come to us and say how do we fix it or come up with a new plan. Reporter the democrats are quick to shoot back saying the president wants to sabotage income the United States. The presiden
Bashing biggest problems and lobbying the bills fixes. Less than 24 hours after he said drop, it let it implode, we dont want it on the democrats. President trump said senators should not leave for august recess until a Health Care Bill. Tomorrow was tax reform, now a Health Care Bill on his desk saying he favors repeal and then replace. Hes got his pen in hand and rushing to sign. Blake burman rushing with the latest on Trump Health Care demands and a preview what we might hear from the president in this hour. Yes, were expected to hear more from President Trump. And congressman rodney davis worked with democrats to fix one part of obamacare that would help Small Businesses and military veterans. Can the republicans do it again as the house turns its focus on the budget and taxes . Plus bob hormats former assistant secretary of state, hell tell us the most important thing that must come out of todays slightly tense, slightly awkward but crucial talk between treasury secretary Steve Mn
Coming your way. But lets kick things off with the aforementioned Michelle Carusocabrera live in cleveland. Michelle. Hey, tyler. Another newsy day. Weve had news break in just the last half hour that the trump employee who helped write Melania Trumps speech, well, that person has accepted responsibility for the similarities to Michelle Obamas 2008 speech John Harwoods going to join us with all the details. Big night, senator ted cruz, onetime president ial hopeful expected to speak. Whats he going to say after trump called him lying ted in the primary . And then of course the headliner is indiana governor mike pence who has the spot of v. P. On the ticket as senator marco rubio, its going to be a big, big night. Lets get details on speechgate. John harwood is on the floor. John. Michelle, its very interesting. This is an expla thags that the Trump Campaign could have offered yesterday but chose not to. Instead the Campaign Chairman Paul Manafort came out and said, no, there were no ph
Right now in the room across the way, governor christie is about to speak and be interviewed by our john harwood later in the day nelson peltz and scott walper is back. We have special guests as well. And so, hello to john, kate, josh. Three big themes from delivering alpha that i want to bring you up to date on. Number one, treasury secretary jack lew there should be a Corporate Tax rate. Maybe 28 as the basic rate for corporate earnings which would bring us back down more in line with some of our economic rivals. An hour ago, retire hedge fund manag manager druckenmiller said the mr. Fed is putting the economy at risk. If you like someone other things, actaviss is up. Citigroup that made news earlier this week with its settlement with Justice Department is down 4. 5 . Kate you led the questioning with one of the guys who has never been on television before, ken griffin of citadel. You hit him with the days breaking news which Andrew Ross Sorkin broke on the bid, the offer for time wa
Warner Bros. Discovery announced in June it would sell the office and downsize its Knoxville presence. The campus has a tentative buyer in a Tennessee brand.