True. This is the cbs evening news with jeff glor. Glor good evening. Lastminute wheeling and dealing is under way on the republican tax cut bill. House and Senate Leaders reached an agreement yesterday on a deal that will likely be voted on next week, but today some senators were holding out for a sweetener. Chief Congressional Correspondent nancy cordes now on whats in the package and the impact. Its not perfect, but it is damn good. Reporter republicans say the hardest part is behind them now that theyve crafted a compromise between the house and senate tax bills. The final plan preserves deductions for Student Loans and medical expenses, which were targeted in previous bills, and it doubles the standard deduction, which republicans say will enable millions of taxpayers to stop itemizing. This relief gives people a simpler system and a fairer tax code. Reporter but residents of hightax states could still get squeezed. The plan caps the deduction for state and local income tax plus p
The sound of two dreams coming true. This is the cbs evening news with jeff glor. Hightax states could still get squeezed. The plan caps the deduction for state and local income tax plus property tax at 10,000 a year, and it lowers the mortgage deduction cap from new loans worth 1 million to 750,000. Its a monumental con job. Reporter republicans say they make up for those changes but lowering the marginal tax rate at every income level and by preventing the dreaded alternative minimum tax from hitting everyone but the highest earners. Im glad it didnt get worse. Reporter but today a pair of g. O. P. Senators balked because the bill only hikes the Child Tax Credit by 100, a big backtrack from the senates previous bill. Unless they can figure out a way to add to the 1,100 figure, i wont vote for it. I think senator rubio will be there. Reporter President Trump has called the plan a christmas present, but democrats argue its mostly a gift to big business, permanently slashing the concern
Russian president vladamir putin held a record breaking fourhour and 20 minute News Conference today. His annual address included 1600 journalists vying for the chance to ask a question. Elizabeth palmer was one of them. And she joins us from moscow tonight. Liz, president putin seemed to have warm word for just one man. Thats right, jeff it may surprise you to know it was president donald trump. President putin spoke almost nonstop with his usual kind of swaggering confidence. He actually had praise for President Trump. He said, that he should be credited for significant achievements. He pointed to the booming financial markets. That he restored the confidence of investors. As for the allegations of, russian meddling in the american election, those were said president putin to be blamed on people who oppose donald trump and trying to undermine his legitimacy which as you know is an argument we have heard in the past from President Trump himself. And liz, besides President Trump. Presi
Through hayward this morning. So look out for those crews. Northbound 101, this is right near Silicon Valley boulevard. We have a report of an accident over on the shoulder. We were taking a look around on our cameras and we saw this activity on the shoulder. This is 101 right at bernal road so just a heads up. Theres lots of activity going on on the shoulder if you need to look out for crews or other cars. Pay attention. Hats a check of your traffic; over to you. We are noticing a haze out there this morning and yes, the particulate matter is pretty thick across our area. Heres what we can expect. Our 8th spare the air alert is in effect today. Temperatures in the 30s, 40s and 50s. Not as cold as yesterday. Still brisk. Patchy fog in some lowlying areas. Hayward 8mile visibility, santa rosa half mile visibility. So if you are in any of these lowlying areas, thats where you can take precautions. Not much strong winds now but we are definitely going to. Tonight into sunday well talk abo
Police had to negotiate with the suspect. He has been taken into custodies. There are no injuries to report. If you were around the bay area yesterday many people experienced wind gusts. Tree after tree toppled down from antioch to san mateo. In berkley a tree decided to rest itself on a couple cars. Some of the trees came close to taking lives. Our car was parked behind this car. It basically covered our entire car. My husband could barely back out. We had to lift the tree as much as we could. I feel relieved that i was not standing there two seconds earlier or it would have been me. The winds have died down by those affected are being extra careful. Theyre looking up at other trees or branches that may fall. Strong winds are not only causing damage. Theyre putting cal fire crews to the test. Cal fire normally staffs 15 trucks during peak season and four through the winter. Now theyre ramped back up to 15. At one point 11 were in Southern California battling the thomas fire. Three hav