Points. Were off the lows of the session. Well talk about whether or not this is baked in. Whether or not were powering higher to 25,000, amid the news the gop is finally get something done. Welcome, everyone, to the intelligence report. Im trish regan. Well get reaction from two republican lawmakers on the tax vote. Plus an update on the deadly Train Derailment in washington state. First to adam shapiro on capitol hill with the latest on the tax reform as they begin the vote. Reporter the vote underway. We expect when the house passes it. They move to the senate. Motion to proceed and to flight well have a vote in the senate. Mitch mcconnell said as much. Recap what some of what paul ryan said as he was closing the arguement why people should vote for this bill. In the short term every american essentially getting a tax cut. That is in the short term. This will put money back in peoples pockets. One phrase he is saying quite a bit, trish, the conditional of your birth should not deter
As i am sure you just also, a onse voted for final passage the tax cuts and jobs act. That brings us one step closer to the president making good on his promise to deliver tax cuts for christmas. To this,oking forward and the president will monitor developers. This is a perfect opportunity to look back what is been by any measure of historic year. Nearly 1. 7 million new jobs have been created, and the Unemployment Rate has fallen to 4. 1 , the lowest in 17 years. The stock market reached a record high more than 60 times, closing above 24,000 for the first time in history. We rolled back 22 regulations for everyone, saving taxpayers over eight billion dollars and liberating the economy from a corrupt and bloated government. Renegotiated trade deals that once threatened to destroy american industry, shipping our jobs around the world. Onfinally set up our nation a path to not only energy independence, but energy dominance. We directed epa to end the war on coal. The president has protec
For passing the bill. Sanders that afternoon. As i am sure you are just saw, the house of representatives voted and that brings us one step closer to the present making good on his promise to deliver tax cuts for christmas. To thelooking forward senate vote later this evening and the president will be monitoring these developments throughout the day. As december winds down, i thought this would be a perfect opportunity to look back at what has been a historic year. Nearly 1. 7 million new jobs have been created at the Unemployment Rate has fallen to 4. 1 , the lowest rate in 17 years. The stock market reached a record high, more than 60 times and closed above 20,000 for the first time in history. We rolled back 22 regulations for every one new regulation saving taxpayers over 8 billion dollars and liberating americas economy from the grip of bloated government. We have withdrawn from or began renegotiating the trade deals that once threatened to destroy american industry and shipped ou
The house of representatives voted for final passage on the tax cuts and jobs act. That brings us one step closer to the president making good on his promise to deliver tax cuts for christmas. We are looking forward to the senate vote later this evening and the president will be monitoring these developments throughout the day. As december winds down, i thought this would be a perfect opportunity to look back at what has been a historic year. Nearly 1. 7 million new jobs have been created at the Unemployment Rate has fallen to 4. 1 , the lowest rate in 17 years. The stock market reached a record high, more than 60 times and closed above 20,000 for the first time in history. We rolled back 22 regulations for one new regulation saving taxpayers over 8 billion dollars and liberating americas economy from the grip of bloated government. We have withdrawn from or began renegotiating the trade deals that once threatened to destroy american industry and shipped our jobs around the world. Nati
And it did so at a record pace. It is the latest show of strength that has taken that blue chip index up more than 25 over the past year. The economy is growing. The labor market is strengthening as evidenced by todays private payroll jobs report. Corpore profits are rising. And it didnt g we broke a very, very big barrier, 25,000. And there were those who say we wouldnt break 25,000 by the end of the eighth year. We did in fact break 25,000, very substantially break it, very easily. So i g new number is 30,000. But what it means is every time you see that number go up on wall street, it means jobs, it means success, it means 401 k s that are flourishing. The dow jones industriae adv 25,075. The nasdaq added 12. The s p 50 10. Bob pisani takes a look at the first big milestone of 2018. Reporter the dow hit 25,000. It hit 20,000 almost exactly a year ago. Many are amazed that the market keeps enhancing. Its not incomprehensible. China has had gdp growth at 6. 5 . The japanese market jus