True. This is the cbs evening news with jeff glor. Glor good evening. Lastminute wheeling and dealing is under way on the republican tax cut bill. House and Senate Leaders reached an agreement yesterday on a deal that will likely be voted on next week, but today some senators were holding out for a sweetener. Chief Congressional Correspondent nancy cordes now on whats in the package and the impact. Its not perfect, but it is damn good. Reporter republicans say the hardest part is behind them now that theyve crafted a compromise between the house and senate tax bills. The final plan preserves deductions for Student Loans and medical expenses, which were targeted in previous bills, and it doubles the standard deduction, which republicans say will enable millions of taxpayers to stop itemizing. This relief gives people a simpler system and a fairer tax code. Reporter but residents of hightax states could still get squeezed. The plan caps the deduction for state and local income tax plus p
The sound of two dreams coming true. This is the cbs evening news with jeff glor. Hightax states could still get squeezed. The plan caps the deduction for state and local income tax plus property tax at 10,000 a year, and it lowers the mortgage deduction cap from new loans worth 1 million to 750,000. Its a monumental con job. Reporter republicans say they make up for those changes but lowering the marginal tax rate at every income level and by preventing the dreaded alternative minimum tax from hitting everyone but the highest earners. Im glad it didnt get worse. Reporter but today a pair of g. O. P. Senators balked because the bill only hikes the Child Tax Credit by 100, a big backtrack from the senates previous bill. Unless they can figure out a way to add to the 1,100 figure, i wont vote for it. I think senator rubio will be there. Reporter President Trump has called the plan a christmas present, but democrats argue its mostly a gift to big business, permanently slashing the concern
This is the cbs evening news with jeff glor. Glor and this is our western edition. Good evening. Is underway on the republican tax cut bill. House and Senate Leaders reached an agreement yesterday on a deal that will likely be voted on next week, but today some senators were holding out for sweeteners. Chief Congressional Correspondent nancy cordes now on whats in the package, and the impact. Its not perfect, but it is damn good. Reporter republicans say the hardest part is behind them, now that theyve crafted a compromise between the house and senate tax bills. The final plan preserves deductions for Student Loans and medical expenses, which were targeted in previous bills; and it doubles the standard deduction, which republicans say will enable millions of taxpayers to stop itemizing. This relief gives people a simpler system and a fairer tax code. Reporter but residents of hightax states could still get squeezed. The plan caps the deduction for state and local income tax plus proper
2. 54 centimeters is an inch. I like 3 centimeters rolls off the tongue. All right. See you this afternoon. Good morning. Stephanies off today. Wednesday, february 19th. Lets get started. These signs the president s frustrations with the russia probe are boiling over. Reporter the president is pointing the finger of blame on just about everyone except Vladimir Putin in moscow. The number two official at the department of justice personally unveiled indictments against 13 russians brought by special Counsel Robert Mueller. The russian conspirators want to promote discord in the United States and undermine Public Confidence in democracy. As you can see with the fbi indictment, the evidence is now really incontrovertible and available in the public domain. This indictment is not only an indictment of the russian figures involved. Also indictment of the inaction of this administration. If anything, a future platform for conspiracy. The president playing a blame game. Tweet storm, 13 about
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