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indicted to the modeling of this caucus and what position will that put him in for the next two years? we, are, corey i post cover mccarthy in 2015 when he first ran for speaker. and i am doing my work now to point out what we call the corrupt bargain he s engaging in. he initially gets impeachment of the dhs secretary. he is for it because he needs votes from republican colleagues. he d isolated marjorie taylor. green now he s elevating her. he s agreed to broader assignations of the bad administration. i believe he even now has impeachment at the city sitting president on the table. and then you see the san jose bargain going on as well. here s the rev about kevin mccarthy. john boehner behave like he was your father, you did with pain or asked you to where you get in trouble. you work with paul ryan because he was your friend. he was your sibling. and you didn t want to cross him because he likes the guy. kevin mccarthy is transactional. but not in the way that you would
politicsnation. tonight s lead, out with the old, in with the new. right now there s literally just hours left in 2022. a turbulent political year now ending with several transitions. not least of which being this incoming divided congress. the winds of change are blowing in both parties, as new leadership takes the reins for congressional democrats, for republicans, and internal battles over the parties future rages even as the gop prepares to take over the house in a little over a week. 2022 you had its highs and lows. but, i am grateful for a few things. democrats retained the senate, and i ve held on to morehouse eats not expected. the biden white house has a long list of policy wins to boast about as the year ends. and, even with a congressional probe into january 6th ending, the investigation surrounding donald trump appears to be tightening by the day. and, yesterday at the after six years of legal wrangling, we finally know just how little donald trump paid in federal
good morning, everyone. i m jessica dean in washington. jim sciutto is off today. any moment now house democrats set to release former president donald trump s tax returns after a four-year legal battle. we expect to learn more wiabout his wealth, his charitable donations and the house said the irs failed to properly lay audit his tax returns. they detailed six years of returns showing trump claimed tens of millions in annual losses that significantly reduced his tax liability. lauren fox is on capitol hill. we expect the returns any moment now. break down how this is expected to play out. reporter: jessica, any minute we do see the returns. on the house floor they are in a pro forma session. this is what happens. they usually quickly gavel in and they gavel out, but part of what is happening is entered into the congressional record will be this tax information of former president donald trump. it will be between 2015 and 2020. it will include the business entity as will as
came out an hour ago and there is say lot of data here and how the former president is responding. so as as you said, we have team combing through hundreds of pages but trump paid a very low amount of income tax in the first and last year of presidency. we re talking about 2017 he paid $750. 2018 and 2019, it was combined $1.1 million in income tax and in 2020 it was $0 and that is important and here is why. we hope the tax returns will show the raw data of the numbers but it is looking at the detailed documents that were providing to give us insight into his businesses. are they really as successful as he has said. and i talked to a number of tax experts who say that $0, that indicates that there might be been some faltering business. he said in 2016 it was smart not to pay taxes when he was talking with hillary clinton about why he wouldn t release them. but is it actually business losses? which is important when you think about the political ramifications of a man who ra