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And this will rise. the fact that they jammed this through in three months is a political feat for the history books. it is is an accomplishment for republicans who need to put a question on the board. tax cuts are the closest thing to holy. sit a partisan vote. they got it done in record time. the president campaigned on the middle class tax cut. this was presented as an opportunity for simplification. god knows we need. this is primarily a corporate tax cut under the belief that will finally lift wages which have been stagnant. it will bank shot the middleclass. it might. but it is weighted towards the wealthy. as individual cuts expire, the corporate ones correct. so that s a big deal. look, right now politics is perception. but the fact that a tax cut bill is more unpopular than tax hikes, that s a bad sign to start w. let s see it take place and hope it has the affect that s intended and doesn t have ....
Already canceled today. there was an 11-hour outage that stranded tens of thousands of travelers sunday inside the airport and on the tarmac. now, atlanta s mayor says a fire at an underground electrical facility was the cause. but what sparked that fire is not known. and in washington, president trump says he is not considering firing special counsel robert mueller, which is a good thing because he can t fire mueller directly. as for mueller s team, taking a rare move of publicly defending themselves, denying allegations by attorneys for trump s transition that they received unauthorized access to thousands of transition he mails. meanwhile, the focus on capitol hill is taxes. republicans appear to have the votes for their long-awaited plan. it is considered a big win for businesses and the rich. what it means for the middleclass is still being ....
To the multinational corporations at the expense of the middleclass. and the republicans know that if there s any real sunlight on this, this bill is going to dry up. and that s why they re moving with the speed of light. i m telling you this debate is far from over. democratic senator widen on the final version of the gop tax bill. it is now heading to the house for a vote on tuesday. charlie dent of pennsylvania is a member of the house appropriations committee, co-chair of the tuesday group, and good friend to us. good to see you again. thanks for joining me. thank you, alex. i would like to know how you will vote on tuesday. do you know? i m still reviewing the bill. it was passed out of the house. but so far i like most of what i see in this bill. the tax code is far too complex. it s over 70,000 pages long. two-thirds of my constituents do not itemize. rates will be lower. child tax credit will be doubled ....
people don t know what s in the bill. the more homework you do the more concerned you are. the reason for lack of popularity, other than the left coming after it so hard and the interest groups, it s a maybe for the middleclass. don t look at wall street as an indication. but it is also true that most of americans s savings, their pension plans, 401(k)s, that s all stock market. when american businesses were financially healthy they don t invest. we have learned what happened in the 2008 and 2009 recession. the stock market crashed. then what did companies do? they started laying off millions of people. a couple of points. ....
It. business, investors love this plan. when i got started two years ago when donald trump started talking about this, it was how to make the economy more vibrant. we used to talk about the 2% growth rate under obama up to 3%, 4%, 5%. i think we re going to grow a lot faster. what really matters to the american people is the economy, stupid. bill clinton said that. if it works the way it s supposed to, people will be happy about the job prospects. i want to see that calculator. they made changes in the bill the last couple of days that benefit the middleclass substantially. for example, increasing the child credit that goes to every parent with kids. they also lowered the rate for the top tier. they made other adjustments to s.a.l.t. and the a.m.t. everybody who pays taxes will ....