the royal family simply don t recognize some of the things that harry and meghan told oprah. this is actually a slap in the face, i think. announcer: this is new day with alisyn camerota and john berman. we want to welcome our viewers in the united states and all around the world. this is new day. it is wednesday, march 10th, 6:00 here in new york. and this morning, the house of representatives is poised to take president biden s massive rescue plan over the finish line. in just a few hours, lawmakers will debate and hold a final vote on the $1.9 trillion relief package. it will deliver the largest ever direct payments to americans, bringing help to millions who are struggling. this will be a major legislative victory on president biden s 50th day in office. the president plans to sign it ahead of a prime-time address to the nation tomorrow night. that s one year after the pandemic plunged the country into shutdown. so he doesn t really have much selling to do w
it s that important. we re actually on track timeline wise. bill: santa is coming to town. house speaker paul ryan indicating how much a tax bill means for congress. boy, does it ever. art laffer, former economic advisor to president ronald reagan. how are you doing? welcome back. as an opening bid do you like what you re hearing or not? knowing that i do like it. i like it a lot. the key to me is the cutting of the corporate tax rate from 35 to 20. i would like to see it down to 15 but the president said that s a red line. if he keeps his word on that that it s a red line, which i think he will, i think it will be really great. bill: can i stop you there? his headline might be 20 but it could go to 23 or 25. is that a big deal? yes, a huge deal. these things are highly leveraged numbers. what you really have to do to get that down, bill, it changes