The Senate Finance committee. We expect we have live coverage for you over on cspan3 of the Senate Finance committee. You can also find that online at cspan. Org. Outside of are also he meeting room in the capitol where House Republicans will be gathering, now that they gaveled out. Making their way to the meeting room. President trump as we mentioned, expecting to leave the white house shortly. And speak to republicans before that vote, which is expected this afternoon sometime shortly after between noon and where House Republicans will be gathering, now that they gaveled out. Making their way to the 1 00. We hope to have any comments from members, possibly from the president if he makes a statement before or after his meeting, well aim to bring that live to you as well. Wed love to hear from you, too, if youre watching the debate. Your thoughts on the tax reform debate. Heres how to be part of that conversation. Democrats use 2027488920. Republicans, 2027488921. And for all others, 2
Concern. In setting bargaining chip . If this is costing you more votes than it is getting you, would you take the individual mandate out . Let me say this is about getting it passed in the senate. That is the objective. This is not a bargaining chip. It is an unfair tax on poor people. To think you would put a penalty on people who cannot afford to buy medical policy is just fundamentally unfair. That is what this is all about. But it does have a political impact. Theas been added into original proposal. Could you live with it if it is taken out . I think right now our objective is to keep it in. It provides a big tax cut for the middle class. It takes up the tunnel team. But we will work with the senate as we go through this. It is a very big deal, we got it done. We got it out of the finance committee. Were going to get something to the president to sign this year. If we can repeal part of obamacare and still have a good textile, that is great. I think it is up to the senate and the
Its the latest runup or the least runup is as a result of strong growth strong profit and until last night it looked like a sure fire yes on tax cuts. Theres new momentum begun this morning, however, on the tax plan. And ron johnson and both smart and both republicans they are now a yes. Add that to the news from kevin earlier and we could see history unfold again on this program this morning. Now this it was not murder. It was not manslaughter. The jury has decide that when jose shot and killed kate steinly it an accident now wera Financial Program but we deal in politics and we will be covering extensively sanctuary cities in my opinion allow this outrage to happen. Varney company is about to begin. Im going to start with the markets because thats the all important factor on todays program and looks at them down 2 points for the dow industrial. Clearly off their lows down over 100 much earlier on this morning but remember were following a huge record close yesterday. Way over 24,000.
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov
President trump signing the continuing resolution into law a couple hours ago. In this hour the battle is just getting started. Congressman john geir menddy, democrat of california with us live. Whats his and the democrats price for passage . Well ask him. And he is in california where wildfires in los angeles now expanding to san diego county, getting more and more dangerous. 1000 plus firefighters on the ground right now battling the spreading blazes that threaten some of l. A. s most luxurious hopes. The star of the l. A. Listing, josh flagg is here. One clients home has already burned. He will tell you what they are most worried about when it comes to the wildfires and their real estate. They call this guy the hollywood brand father. Row hand oza, the man with the midas touch. When it comes to introducing new, disruptively Healthy Snack food. Rohan will tell us how the gop tax plan could affect him and other venture capitalists and other entrepreneurs. One hour to the closing bell