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Thats right. [applause] i used to say that, i had fun with that but we are winning, were winning again, were winning a lot bigger than anyone ever thought possible for such a short period of time. For too long our tax code has incentivized companies to leave our country in search of lower tax rates. It happens. Many, many there going all over asia. They are stopping. They want to take advantage of what is happening and what were about to pass hopefully. My administration rejects the offshoring model. In other words, lets build a factory in another country. Isnt that wonderful . That really helps us a lot. Fire everybody and lets build the product and send in without tax. That model never worked for me. It shouldnt have worked for any of other past president s, believe me. New model is american model. Call it the trump model where we build it here. As much as possible we build it here. Simply put our tax plan is antioffshoreing and 100 worker, 100 pro america. [cheers and applause] unth ....
Report is adopted without objection to motion to reconsider and its upon the table. [applause] david is he happy or what . The house just passing historic tax reform this afternoon and now, the fate of the tax bill moves on to the u. S. Senate where debate is underway and a vote is expected tonight if the bill passes the senate we are looking at the biggest tax overhaul in 30 years. We are covering it from d. C. To wall street and beyond. Lets go first to adam shapiro for the very latest from capitol hill. Adam the president s legislative agenda appears finally to be moving forward. Yes, at least on the tax promises and the cuts for tax relief for the middle class but here is where we stand right now the senate has passed the motion to proceed because lets show you the video. They received the bill from the house as you showed video of paul ryan with the fact the house had passed the tax reform bill, so the tax cuts and jobs about was delivered to the senate. They then had a vote on pr ....
Better performing housing sector . We well, it really feels like a santa claus rally is getting under way. Stocks are up for a third day. As we stand, lets take a look at the numbers. The dow is currently sitting at 17,559. It is not break even get for the year but it is up. The s p 500 is one point in the green for the year. Its crossed over that break even line so many times. Were rich, were rich, were rich. I never thought santa was going to come, and i still believe in santa. Oil soaring. New data showing a big drop in inventories. Crude up more than 4 , about 3. 9 for west texas. Highest levels in more than a week. Gasoline up 5 tracking for its biggest oneday gain since last november. Well, as for chipotle, those shares are edging higher this hour by 0. 2 , but the embattled mexican fast food chain has been taking drastic steps as the restaurants try to contain the e. Coli crisis. Morgan brennan has more details on this. What are they doing . On the heels of the outbreak that sic ....
The beaches and waters couldnt be more beautil. Take a boat ride or just lay in the sun. Enjoy the wildlife and natural beauty. And dont forget our amazing seafood. Soome to the gulf, you especially in alabama. You mean mississippi. Thats florida. Say louisiana or theres no dessert. Brought to you by bp and all of us who ca the gulf home. Well, good morning to you, sunday, january 27th. I am Ainsley Earhart filling in for ali this morning. The details are in, senator diane fine sign is laying out the plan. And guess who gets a pass . Government officials, we report, you decide. Tucker it could be a super bowl, why they want to go no booze at all during the biggest game of the year. Right. Clayton and plus we showed you the half court hero, the incredible shot tackled by lebron. And half court hooker, he probably enjoyed the hug by lebron. And now tackled by taxes, and make 75,000, see if he gets to keep any of it. Fox friends beg ....
Great for the american people. Thank you all. And maybe the holiday President Trump delivering this message to democrats who are struggling to find a way forward in the face of a major he legislative loss. No democrat supported this tax cut. Will they regret it . The democrats very much regret it they wanted to be a part of it. Just doesnt work out. I really do believe and i said on social media today, i really do believe were going to have a lot of bipartisan work done. Melissa while the president is call for reach across the aisle new warning of 2018 blood bath with democrats hoping the tax bill will fall on its face, giving them a major opportunity to take back Congress Next year. Fox news chief National Correspondent ed henry joins me with more on these new reports. Good to see you, melissa. Melissa how much ....