Now be bold. Throw a little obamacare into the mix, why not . We expect to see some action this afternoon in the Senate Finance committee as members work on their tax package, supporters are noting there is nonpartisan analysis saying the middle class would benefit from their tax package. To Mitch Mcconnells point, every group gets tax relief here. The differences that the burden of Taxation Shifts so that those at the top and are going to pay a little bit more of the burden and those in the middle class are going to pay less of the burden. Bob corker of tennessee, jeff flake of arizona have expressed concerns about the nations debt. G. O. P. Leaders will need to assure them that this tax package wont blow a hole in the deficit. Some key republicans a tax reform would bring in more revenue by bringing jobs and investment back to the u. S. Meanwhile, democrats are taking aim. Ive never seen a more blatant attempt at a corporate welfare bill than this bill. They are literally taking mone
gubernatorial election, bell whethers for them. republicans know in house races particularly the districts are particularly very red or blue. there are not a lot of swing districts left, so republicans right now have a 46-seat advantage in the house, democrats would need to win or flip 24 districts to get the majority. i think that s going to be an uphill climb for democrats, even in these conditions. you know, you look at earlier in the year when the president didn t have that much higher of an approval rating, republicans rather, won the wyoming special, the georgia special, the kansas special, because those were solidly republican districts. i think republicans running in those districts are going to distance themselves from the president when they disagree with him. for instance, california and new jersey and new york republicans not going along with the tax bill because of the state and local tax deduction issue, but i think a lot of these districts are still ones where it will be
i ve never seen a more blatant attempt at a corporate welfare bill than this bill. they are literally taking money out of the hands of families in the middle class and putting it into the hands of the wealthiest millionaires and billionaires in society today. there is also action on the house side of the capital, g.o.p. leaders will ask raking republicans as evening where they stand on the tax reform package to see if they can pass tax reform on the house for this week. i think we re going to get this done, there can be three principles that guide this policy, will it simple by the code and will it be conducive to the economic growth. if the answer to those questions are yes, we should be for it. one issue making a lot of northeastern republicans from high tax states nervous is the state and local tax deduction issue. it is scaled back in the house, it is eliminated in the senate and a lot of those moderate republicans want assurances from
20% for a couple of years. that s a problem because the senate s going to do that. there are a lot of people in the house that have gotten wedded to this bill. could kevin mccarthy who has kept all californians together against this state and local tax deduction issue, can he continue to hold them together. this is a long process. the administration has said this made up deadline on december 31st. i don t think that s going to happen. we have plans december in new york. but i think this process is going to take a little longer. christmas deadline, not so much? not so much. jeremy, you were talking you have interviewed steve bannon. it comes out tomorrow in the new york times. steve bannon, well, there s a bit of a preview today. let me play what bannon said about trump s popularity with voters and about the virginia election. he s going to win ere-election on 400 electoral votes and will be considered in the pantheon of reagan and lincoln and others as great
can figure out where this thing is going. neil: you said this at the very beginning, the corporate part. only that. that is dramatic. that s a big change. you get a few companies pay at a 35%. you knock it down to 20% and you do so immediately. that is a big deal. it s going to be like the job creation. here s the thing. if you re doing that, you can pay for it by raising personally for taxes, that is the antithesis of tax reform. that is not tax reform. neil: unless it s just your taxes, i m okay with that. you re in jersey, you re not doing so great either. neil: all right, thank you very much. have a great weekend. charlie gress in reno, he s the best. to charlie s point, we have at least five republican house members who are saying no right now or leaving no right now on this tax plan. a lot of this because of local and state tax deduction issue. with us right now is one of them who is very concerned, new york