Mcclintock, along with James Carafano, david webb, congressman brian babin taking on the days big stories. Weve got that debate. What is going to happen next in the 2020 race . This new hot debate in washington. President trump fires the pentagon chief. It was a longabated move. So else could be on the chopping block . There is this new debate, will President Trump pardon general Michael Flynn whose case is still in legal limbo . That talk of washington now ratcheting up. Stocks are ripping higher as pfizer says its new covid19 is 90 effective. There is a chance to return to normal maybe by next spring. Weve got news coming in, both david bossie, trump advisor, and ben carson have tested positive for covid19. Those are reports coming into the studio now. Also this next big fight, republican control of the senate. Two races in georgia in runoffs that could determine it all as even Top Democrats now admit they botched it and they botched it badly. With historic losses at the federal, sta
Speemac. [background sounds] subcommittee on Oversight Committee will now here comes the order. It is hauling hearing in china and the public help emergencies, to curb the Opioid Crisis. The premise of todays hearing is to examine states efforts and successes and adjusting the Opioid Epidemics as well as opportunities for future federal support. And just to let everybody know, doctor alexander, the reason why we are Getting Started a little late. The plane was delayed. But now the dr. Is on our way. We will swear in the witnesses when we get to that. If we have to do that later we will. The. [cheering]. Will now recognize the suffering Opening Statement. As i said, today the committee contends his bipartisan efforts to combat the Opioid Crisis. As we know, the countries in the midst of an epidemic unlike any of recent history. According to the centers for Disease Control and prevention, from 1999, 2017, nearly 400,000 people died from opioid overdoses. In 2017, more than two thirds of
Committee have been invited to that meeting. Adam shapiro has all the very latest. Adam . Reporter neil, some of the parameters of the deal we already know. Remember all of this has to pass what they call the byrd bath. It is being scored. If it doesnt pass or meet reconciliation guide lines in the senate and they have to go back to the Conference Committee to work that out. Here is what we know. Corporate tax rate, 21 . Top individual rate, 37 . You would be able to deduct 20 reduction from your taupe rate, top income rate if youre a small business. Mortgage interest deduction, this was agreed two days ago. Interest deduction on mortgages up to 750,000. As you pointed out the president is going to be having lunch with republican members of the Conference Committee, conferees. No democrats were invited to this here is what chuck schumer, Ranking Member in the senate had to say about where tax reform is headed. It is hard to believe they could make this new tax proposal even worse for t
Into new year of current spending is really the most likely outcome here with emergency help for the Child Health Program and National Security courts and Disaster Relief which is actually the specific issue that the house is mulling at this very moment. Republican congressman fred up ton of michigan gives us the inside scoop on the Government Shutdown. He was also one of those select tax reform conferees. We will quiz him about why that socalled welfare for the rip loophole with carried interest was left safe and sound in the bill and new york citys top government investor scott string er is a little torn. He says the tax reform bill is terrible for the citizens of the city, but the 186 billion new york city Pension Funds he overseas could see solid gains and those pensions are for city workers. Well ask him about his rock in a hard place here in a fox business exclusive. On wall street, i already mentioned the s p right there, both are ready to snap a twoday losing streak when you in
Jumping into the bitcoin game wall street legend art cashin has a bitcoin prediction for 2018 well tell you what it is in a couple minutes cant wait for that. Plus the question Everyone Wants answered, will my taxes go down because of this bill . We got a Financial Adviser who breaks down the impact of the tax reform bill coming up in a little bit. We begin in washington today, lawmakers are expected t vote in a little less than two hours on the legislation to keep the government from shutting down lets get right to Kayla Tausche for the very latest right now. Kayla . Reporter bill, theyll vote on the houses version of thereat legislation that was published overnight. It would be a shortterm extension of government funding at current levels through january 19th, as well as funding for some critical programs like Childrens Health insurance. And the fisa surveillance program. In addition, the house is going to consider an 81 billion Disaster Relief bill theyve been debating that as well