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Detailed text transcripts for TV channel - FOXNEWS - 20171214:15:04:00

people. key congressional sources here are some of the key points. 37% is the top individual rate. 21% corporate tax in 2018 dropped from 35% now. state and local tax deduction known as salt capped at $10,000. repeal the obamacare individual mandate and maintain deduction for high out-of-pocket medical expenses. some other items of note in this tax reform push vice president mike pence is likely to slightly delay his trip to the middle east with aides noting pence has been very involved in tax reform and senator john mccain is receiving treatment at walter reed for side effects of his cancer treatment. meanwhile democrats have been pressing the gop to wait until a new alabama senator is seated. the election of doug jones will not change which party controls the senate. the election of doug jones will not give him or democrats the power to block the tax bill or any other piece of legislation.

Detailed text transcripts for TV channel - FOXNEWS - 20171214:23:05:00

corporate tax rate dropped from 35% to 21% in 2018. state and local tax deduction known as salt capped at $10,000. repeal obamacare individual mandate, maintain deduction for high out-of-pocket medical expenses. ryan was asked by the tax plan isn t more popular. if you look at the polling that was done in ronald reagan s 1986 tax reform, a month before he passed, 18% of the people polled thought they were going to benefit. this is the nature of the debat debate. the associated press reports this package would most benefit big corporations and upper income americans. democrats have jumped on the analysis. the g.o.p. tax plan becomes more cowardly, outrageous, dishonest, brazen thrift for middle-class families. the battle comes as there are

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