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mnuchin, laying out the case. how much detail was there compared to what we had thought, what was indicated in the hours leading up to the announcement? the key moment was when he says they would be attacked on the left and also the right. the question becomes politically speaking whether or not they can unify this public in party in order to advance republican party to advance their goals. lead tore things that more questions, and we will have to wait and see as the reaction comes out of the house freedom caucus whether or not they feel this is enough in order to advance their goals. how they choose to pay for this program truthfully the numbers are being crushed. i m sure people like bloomberg northwest are carefully crunching the numbers as we speak. , it is the you have been following for some time. we saw the s&p reaching the closest high for the day, though why tf has almost doubled, certainly a big deal. what maderprised you, you do a double take? sahil: a few ....
generation opportunity to do something really big. president trump has made tax and we have aity republican congressman wants to get it done. this is something that honestly i hope the democrats would support too because it is good for the american people. would be new tax rates 10%, 25% and 35%. the conservative house freedom caucus is backing the latest health care proposal as the white house tries to revive efforts to repeal the affordable care law. in a statement, the 40 or so how d lot hard-line members to hold the blocks the earlier bill announced their support for by w plan crafted the group said that while the new proposal is not a full repeal of the 2010 affordable care law, they are prepared to support it. saudi arabia and russia will meet within the next two weeks to discuss extending those oil production cuts designed to firm up prices. the current cutbacks by opec and russia and in june. so far they have not achieved the target of reducing stockpiles bel ....
expect later on this afternoon including that 15% top rate for corporation, but also for past throughs. that s an important point we re going to watch how that plays out. also, a top individual tax rate between 33 and 39%. that s a key one to watch for then a revenue place holder that could turn into is a border tax. that s interesting because they re not going to say what the revenue raisers will be. just going to have a place holder in there. then also an expanded personal exception or child care credit or both which would be important for mild class folks dealing with a tax burden. i just spoke with sean spicer here on campus. just a little while ago. he hinted to me there might be something in there today about repatriation, bringing in all that corporate revenue that s offshore, bring iing that pack the united states. that s been a big goal of a lot of american corporations for years. will that be in there? something to watch at 1:30. robert frank now with the de ....
sector. we got if one name our traders think will be the big winner. first, we start off with the big news of the day t. trump administration unveiling details for quote/unquote massive tax cuts. eamon javers is standing live. reporter: a lot of details. it was a packed briefing room at 1:30 when the president s team unveiled this package. they handed out a one-pageer detail of where they want to go. here are some of the highlights, including a 15% corporate tax rate a. 35% top individual tax rate. repeals of the state and local tax deduction and the estate tax or as they call it here the death tax. the tax brackets will be reduced from 7 to 3. it would double the standard deduction. it would repeal the minimum tax. they say it s unnecessary and duplicative and protecting homeownership and charitable giving donations and protects retirement tax benefits. gary cohn the national economic director talked a little about capital gains. which is always a hot topic on wall s ....
yesterday at a forum for students in chicago. so, uh. what s what s been going on while i have been gone? ( laughter ) trevor: really, obama? you re coming back with jokes now? so, uh. what s been going on? i tell you what s been going on, we have been stuck with a putin-loving, bronder bronzer-cd con man in chief, and you re here with jokes? you re like, we ve got to fight together! then you re out there kite suffer. oh, i m fighting the waves! if you saw the uncropped picture of him on stage, the other part of him is on the island chilling. i think obama stopped paying attention. these days you can get elected no matter what terrible things are in your past. this is a big week for donald trump s presidency. not only looming showdown, but he s also coming up on his first 100 days in office, yes, and his first 1800 holes played. but shutdown or not, trump is desperate to deliver on at least one of his campaign promises. the federal government could come to a g ....