shepard: more now on the gop tax place. house republicans did their part. now it s in the senate s hands. let s to chad pergram. how are you? how are you, shep. shepard: they lost about a dozen republicans. you see the states and you know why. this is better than november. 13 nos on the november vote. one switch this time. tom mcclintock, a republican from california. look at most of the no votes. darrell issa from california. most of them are moderate republicans from high tax states. that tells the story. before i went on the air, they brought the house bill over to the senate. it s a big piece of legislation, about 500 pages. they re voting now on what we call the motion to proceed to
i m not incredibly well-versed on that one in particular. shepard: in general if you re a pass-through company, then the money that you receive is taxed at a lower, a than it would be if it was anybody else. it s a benefit for big companies, businesses and the extremely wealthy. yeah. that s the question where he got in trouble for that was there is some accusations that he had asked for that to be put in there. they denied that. you know, that s what happens when you re doing things fast. we re in kind of the inverse of 2010. in the political dynamic, where things are in the house, big legislation. remember the chants from the tea party is read the bill. you have the same thing from the democrats.
certainly goes a long way. and the president gets interrupted, i would say heckled, by a conservative reporter. jose happen tonio vargas, the journalist and illegal immigrant on the cover of time joins us discussion. it was the high watermark for modern journalism. 40 years ago today when police found a group of unusually well-dressed burglars at the watergate. a story covered by two local metro reporters. we would have coffee every morning off the newsroom floor. put a dime, which it cost in those days, for a cup of coffee in the machine. and i felt this chill go down my back. i said to woodward, oh, my god, this president is going to be impeached. now newspapers everywhere are slashing their staffs, and journalists are far more unpopular. is investigative reporting fading in the post-watergate era? we ve seen it in iraq, afghanistan, egypt, elizabesyri elizabeth, the toughest journalist covering war. former correspondent michael wae was kidnapped by terrorists.
be wrong. you d be wrong. shepard: republican lawmakers push the final bill through. the senate expected to vote tonight. we ll see. democrats are still fighting this legislation which nancy pelosi has called armageddon. peter doocy is live on capitol hill. republicans have controlled the white house, the house and the senate since january and they think that today is the day they finally take advantage of having complete control over the legislative branch and the executive branch to pass what they re calling and stressing they believe is a historic tax reform package. you don t often hear cheering from members on the house floor with the exception of the president s entrance on the state of the union night. that s what we could hear from outside the chamber. when we were done, the leaders made this happen came out for a victory lap. they stress that they this this is something that everybody in america who pays tax to uncle
make sure were part of any piece of legislation. we feel the piece of legislation where it is now answered and addressed that. that s been our focus all along and what we ve continued to talk about. and sarah sanders this afternoon insisted that this is a tax cut for the middle class despite the fact that when it comes to his business income at least, when he leaves the presidency, and currently because he s still trying investment income off of that, the president could save money on the business side. sarah sanders insisting this is for the middle class. listen here. this is a tax plan that we hope benefits all americans, primarily and priority number 1 is middle class americans. this has been this administration s focus. we feel like it s addressed and prioritized in this legislation and we ll be excited to sign it in the next coming days.