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Detailed text transcripts for TV channel - KGO - 20171220:01:31:00

and tonight, meryl streep defending herself against any notion she could have done more when it came to harvey weinstein. what she s now saying. good evening as we come on the air here in the west. and we begin with the breaking headline involving your money youshgs taxes. president trump one step closer to his first major legislative victory since being elected. but tonight, a last-minute holdup. the house voting today to approve the republican tax cuts by a strict party line vote, but late today, word coming in they will have to vote all over again. so, why the temporary halt? and look at the new poll numbers coming in tonight. when americans were asked, who will benefit most from this tax bill, four separate polls showing more than 60% of americans say it will be the wealthy who benefit most. so, tonight here, will the president still sign this into law before christmas? and who wins, who loses? and will there be any voting tonight? abc s mary bruce, leading us off

Detailed text transcripts for TV channel - KGO - 20171220:01:38:00

is doubled. he s going to make money on that. look, again, this is a tax plan that we hope benefits all americans. and cecilia vega live at the white house tonight. cecilia, you pressed sarah sanders on whether president trump will benefit from this tax bill. she said over and over again this bill will cost the president, but she did then seem to couch her words? reporter: yeah, when it comes to his business dealings, david, sarah sanders said the president could benefit from these tax cuts. she still maintains he will take a hit when it comes to his personal income, but david, the president stands to win on both fronts. all right, cecilia vega at the white house again for us tonight. we move onto other news, and the other developing headline at this hour. passengers on a holiday cruise in mexico, many of them americans, crashing on a bus trip to a tourist site several hours south of cancun. several dead. tonight, members of the u.s. mission staff are now en route to the cras

Detailed text transcripts for TV channel - KGO - 20171220:01:34:00

congressman, are you still a no? i am, yeah. still no. reporter: republicans argue the major tax cuts for corporate america will trickle down to main street america, leading to hiring and higher wages. but skeptics say, don t count on it. some have pointed to this moment, a room full of ceos recently asked how many plan to use the money they save to reinvest in their company and their workers. just a show of hands, if the tax reform goes through. okay. why aren t the other hands up? reporter: even the president s top economic adviser wondering out loud why so few hands went up. and what about health care? the law repeals the individual mandate that all americans have insurance. that could cause 13 million more americans to be uninsured over the next decade. and if healthy americans opt not to buy insurance, premiums for others could skyrocket. the bill is deeply unpopular. new polls show americans believe this will benefit the rich. we asked the speaker.

Detailed text transcripts for TV channel - KGO - 20171220:01:33:00

child tax credit double. but a new study shows americans making $75,000 a year or less will actually see their taxes go up within a decade. while wealthy americans will continue to see a tax cut. tonight, republicans insist this bill will benefit the middle class. you guys go do your homework on the thing. reporter: you don t trust the analysis? are you kidding? $40,000 single mom is going to get over $1,000 back. reporter: americans who live in states where taxes are highest could pay a big price. because the new law will limit deductions for state and local income and property taxes, capping them at a combined $10,000. in new jersey, trump voter kassie smith is concerned it will take money out of her pocket. when we don t get the deduction on our tax return, that the property value will go down. so, how am i going to try and sell that house? reporter: the states likely to be hardest hit? new jersey, new york and california. it s primarily why those 12 house republicans vo

Detailed text transcripts for TV channel - KGO - 20171220:01:52:00

every great why needs a great how. to the index of other news. the urgent manhunt across state lines tonight. authorities searching for two escaped prisoners from chipley, florida. one of them charged with murder. police say they broke through a hole in the wall. a car they were accused of stealing has now been recovered in north carolina tonight. the small plane crash in knoxville, tennessee. slamming on top of a car in the driveway. three people onboard rushed to the hospital. no one on the ground was hurt. the headline involving a frozen embryo nearly as old as the new mom. 26-year-old tina gibson of tennessee giving birth to emma wren. her daughter born from a donated embryo, frozen for 24 years. that embryo frozen just 18 months after the mom was born. and the most memorable moments of the year. we were there in charleston, tracking the first total solar eclipse. won t forget looking up with those glasses. coast to coast, millions of americans witnessing the path of darkne

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