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Detailed text transcripts for TV channel - CNN - 20171116:19:02:00

could be not just the first major legislative victory for president trump but historic act from congress. keep in mind the last significant tax reform was passed 31 years ago. so let s go straight to our guy on the hill, phil is standing by. phil hattingly this is huge huge news for house republicans, not a massive surprise but talk me through what s happening. yeah, you heard things like we have this locked up, no drama. and i think if you ve been watching the republican congress over the past 10 ments no drama is bit after surprise when house votes. but 227 to 205. that was a lot of room. they needed 218 votes in the game where one or two votes is usually the margin of error here. having nine or 10, that s a big big step. but i think, brooke,you made a key point here. this is but one step of a multi step process. and while house republicans are certainly celebrating and acknowledging this is the first

Detailed text transcripts for TV channel - CNN - 20171116:19:03:00

time in 31 years, senate republicans are trying to see what happens next. already seeing a lot of complications. all right. phil. we hear the hustle and bustle behind you. it s a big day for house republicans all eyes now onto the senate. i m sure we ll come back to you. but i have a business analyst alexis glick joining me as well. everybody is turning to the senate. there are annul of names to watch who have myriad concerns based on different issues, right sochlt can you just talk me through some of the biggest sticking points on the senate version? yes. absolutely. so here is the biggest thing, right. you recognize when you look at the bill that just passed if you were actually, whether it s the cbo estimator any one of the estimates you ve seen out there, the line s share of the tax breaks are advantageous for corporate america, whether it s a combination of reduction in

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