Press on. Developmentshese we want to hear from you not only on this legislative effort but on the Bigger Picture of your message to congress when it comes to what the federal government should be doing on health care. Democrats, 202 202 01 republicans, 7488002 independents. If you want to give us a tweet you can do so and you can also post on our facebook page. Heres the press release from Susan Collins released yesterday after her announcement that she would not support the Graham Cassidy bill saying she has three major concerns. Both proposals make sweeping cuts in medicaid. More than 1 trillion would be taken out of the program. Both bills open the door for states to weaken protections for people with preexisting conditions. Physicians and Patient Advocates and insurers and hospitals agree they would lead to higher premiums and reduce coverage for tens of millions of americans. It was on cnn yesterday during a debate on health care that one of the cosponsors of Graham Cassidy talke
We have a lot of show coming up in the next 60 minutes, but i want to start with the first look now at the new republican tax reform plan set to be unveiled later on this afternoon when President Trump gets on the road and heads to indiana. Heres some of what we are just now learning. He would cut the Corporate Tax rate to 20 . Set three tax brackets to 12 , 25 and 35 . He would double the standard deduction, double the Child Tax Credit, eliminate deduction for state and local taxes. And eliminate the estate tax. We are going to walk through some of the details. I want to bring back for you stephanie ruhle. Steph, you have had your hands on the tax reform plan in the last few minutes, as i have, this is not a surprise because we knew a lot of this was coming with the streamlining of the tax brackets. Tell me what stands out to you most from what youre seeing. It is not a surprise. One thing to know about streamlining the tax brackets, we knew that was coming, but that was never a compl