they deserve to have higher taxes. so what would you say is a fair compromise then for those who believe that if you give that money back to people or low he taxes, in fact, on the rich is what president trump s tax plan is proposing in order to pump more money into the economy? there s already plenty of money in the economy. we re running something like a $500 billion deficit, and veterans are still even though they say they ended easy money, they haven t. we have tons of money in the economy. there s a tremendous surplus of capital in the economy. this idea you can give money away through tax cuts and somehow get more money into the income tax revenue stream is a fantasy, very much beloved by supply siders and by my fellow republicans, but i m afraid it just does not, would. it would be wonderful if it did work. it would be wonderful if by taxes you could get more income tax revenue, but i m afraid it doesn t work. why do you think the president is introducing this now, given
decided to have this first event on the same week everyone is talking about trump s first 100 days. his aids probably will say it is a coincidence. our colleague athena jones is reporting it is not meant to be a trump bashing by president obama, but it might come up at various points, comparisons between obama s presidency and trump presidency. he will be in students. there will be a chance probably for gentle questioning with students. it puts him in a room with people he enjoyed being with during his presidency, what he thought of as the next generation. he would speak to students and the young people about not being cynical. i would expect to hear it from him tomorrow. this will get a lot of coverage. he has most been seen in paparazzi pictures, on vacation. picture of him and his wife on the yacht last week. absolutely. looked dreamy. a lot of former presidents want to get away. in the social media age we see it. it is in our social feeds all the time. we have seen the vacation
because that affects everybody, if not directly at least indirectly. all right. andre bauer, nina turner. our thanks to both of you. we appreciate you. have a great rest of the weekend. thank you. you too. a political shocker overseas. election day for 47 million registered voters in france. that is an election that could have an impact on all of us around the world many now, this was just round one in their choice for president today. when all of the ballots were counted, two candidates were left standing. surprisingly, neither of them were from the political establishment. a former banker and relative unknown named emmanuel macron has a slight reid right now over the far right political veteran marine le pen. one will eventually be the next french president. reaction here on the streets of paris. people unhappy with the first round results, clashing with french police who fired tear gas to break up the crowds there. cnn senior international correspondent jim bittermann is in
china s president tonight and the topic of north korea likely will be a big focus. let s talk it over with former ambassador to china and former washington state governor locke. thank you for being with us. right now north korea is holding at least two other u.s. citizens. why do you think they detained a third? again, we don t know what their reasoning is for his detention, but do you think they re trying to send a message? i think they re looking for as many bargaining chips as possible in any type of upcoming talks between china, the united states, north korea and some of its allies regarding north korea s nuclear program. so they re really trying to get as many bargaining chips as possible to make it more difficult for the united states. now, ambassador, president trump just this week was reportedly involved in pushing egypt to release that egyptian american aid worker. do you think that could have sent some kind of an unintentional message perhaps to north korea? well, i thi
this country. there s nothing the president has presented thus far democrats should agree with. awe drawn, we listed a bunch of really outstanding issues, healthcare, taxes, the spending bill. as a republican what do you want the president and your gop lawmakers to focus on most? what should be the priority? well, i wish they hadn t of jumped on obamacare. look, the democrats are going to have to own it. if it continues to go back, more of them are going to want to try to work with the republicans to fix it. i think first off they should have worked on tax reform. you get the corporate tax rate down, you start creating more dollars within our country, creating new opportunities, you repatriate the dollars not on our shores, give them a great flat rate to get them to bring the money back into our country if they invest it, those things will continue to help new people come into the workforce, and that will continue to grow his base. taking on healthcare is a much longer, i think dif