i m laura ingram and this is the ingraham angle. the angle is in moment. i couldn t believe this story when it broke. it is truly out of this world. it is hard to think of anything that is frank frankly more significant than this. according to what is an explosive expose in the publication the debrief a former whistleblower gave congress and the inspector general extensive, classified information about deeply covert programs that he says possessed retrieved and in tact and partially in tact craft of non-human origin. this whistleblower is not a ku kook. he is with the national geospatial intelligence agency and recognizance office. in that office he served as the represent representative to the unidentified aerial task force. here he is in his own words. when you say retree value, what do you mean? non-human technical vehicles, call it spacecraft if you will. no kidding, non-human, exotic origin vehicles that have either landed or crashed. are they electric ve
Alabama. Well also talk to Oklahoma Republican senator james lankford, a member of the Intelligence Committee which is conducting one of the investigation into possible Trump Campaign collusion with the russians. Well also have plenty of analysis on all the news of the week and look ahead to next. Plus how the tax bill might impact you, its all ahead on face the nation. Good morning, welcome to face the nation im john dickerson. Republican tax plan is in the home stretch. The final package will be voted on tuesday in the house then moves to the senate. At this point it looks like republicans have enough votes to pass it. One s. 5 trillion tax cut plan roughly doubles the standard deduction for both individuals and married couples. It cuts individual tax rates, the top income bracket drops from 9. 6 to 37 . The Corporate Tax rate decreases, too, it goes from 35 to 21 . Obamacare ban mate with individuals no longer required to Purchase Health care. It could result in 1 million more peopl
Impact you its all ahead on face the nation. Good morning, welcome to face th im john dickerson. In the home stretch. Ll be moves to the senate. Int it looks like republhicans have enough votes to pass it. One s. 5 trillion tax cut roughly doubles the standard deduction fo it cuts individual tax rates, the top income bracket drops from 9. 6 to 37 . The Corporate Tax rate decreases, too, it goes from 35 to 21 . The bill eliminates the obamacare ban mate with long to Purchase Health care. It could result in 1 million more people becoming uninsured. Child tax credit is doubled to 2,000. Qualifying goes up to 500,000 and 1400 of the credit will be refundable for those whose income is so lowey dont pay income tax. Rest deduction is capped at 750,000 and deduction for state and local taxes is sha u. K. To so,000. According to the Congressional Budget Office and joint committee on taxation it will add 1. 6 trillion to the debt. And we bee gibb today with treasury secretary steve welcome, mr.
See those in paychecks in february and tax return they file in april of 2019. Those tax cuts are temporary they expire at the end of 2025 so that is something that im sure congress will fight over for the next eight years or so. Dickerson secretary also mentioned that 90 or able to fill their taxes out own card, one of the big goals, simplification. What hes talking about the income of people who would be able to move from itemizing to the standard deduction. Right now about 70 of people take standard deduction this will push that up closer to 90 because standard deduction will be larger and fewer itemized deductions that cap on state and local income taxes, will limit that. This doesnt mean everyone filing on a postcard. Simpler for those marginal itemizer like people who itemize now and wont under the new system, it will be simpler but some of those people in that group might actually end up paying more, it will be easier to keep track of your deductions your ultimate tax bill might