Days. In fact they have been circulating a clip from when he was a freshman congressman, and looks much, much younger. He is talking about what is about to happen. Big time tax reform that he said he studied, as always sought and now it appears in the house they have the votes to make it happen while he is the speaker. He is odyssey came a long way from the freshman irishman, and the ways and means chairman. Democrats on the floor, and they are trying whip up supporters and protesters and trying to disrupt the proceeding with talks like this. It is a scam. The American People know it. This bill is about helping People Living paycheck to paycheck hi hell no. Will it bring back the middle class . Hell, no. They say its only the rich will benefit. Any bad talk about the tax bill, constituents have been hearing is because certain pendants have been cherry picking statistics. They think this is something that will affect everyone in a country in a good way. Today, we are giving the people their money back. The bottom line the typical family making the medium income will get a 2,059 income tax cut alone. It is something that republicans have been talking about since the beginning of President Trumps term, 11 months ago. It does appear to be ready to come out of the house within a 20, 25 minutes, dana. Dana it is interesting you have President Trump, number one agenda item and paul ryan, number one career goal converging and it looks like the republicans have the votes. Just so people to know, youre looking at the screen, the vote total for the motion, and we expect in this hour, we will get to the actual vote on tax reform. Will have a final vote. Are they worried about stepping on the tax reform win by getting into a knockdown, drag them out fight over the end of your spending bill . That is something that theres a lot of anticipation about. Republicans weve been talking to into the House Chamber had been excited to vote for this. Nobody really knows what exactly is going to happen with the spending bill, especially because leadership is insisting now on putting 81 billion supplemental Disaster Recovery for victims of harvey and the other big, enormously expensive nationally National Disasters over the past few months, if it is not offset, conservative members of the house are not likely to go for it. I was just talking to one member of congress, a conservative, tom cole stood up and he was raising concern about these. The tsr payments. Federal subsidy to keep obamacare alive, potentially, and that is Something Else that is going to be a big problem. They are focused on this right now. The tax vote that looks like ill go to the house in 20 minutes and then the senate at some point tonight after it is dark. Come thursday, friday, nobody really knows exactly what happens. If they do not figure it out, it will be a Government Shutdown on saturday, dana. Dana we will be working. Thank you so much, peter. For mind is, we bring in south carolina, republican senator tim scott and i imagine it feels good as a republican to look across the congress there and see your house colleagues are going to pass this bill today. I understand you believe in the senate side, youll have the votes for the republic is as well. In summary, the work is only beginning. Let me show you two poles of the popularity of the bill. Monmouth University Says 26 of people in their poles are somewhat approving of the tax reform plan, and only 17 say it is a genuine attempt to reform the tax system. Your sales job will begin when you get home after this vote. I am looking forward to it. If you look at 1986 a tax bill package, you will find the polls were very consistent with where they are now. The good news is, hopefully 31 years from now, when we are looking back on the tax reform package, we will find the American People are excited about the last tax reform in 2017, and to the next one, hopefully before 31 years. We are in good position to go home and talk about single moms getting 75 cut in attacks, typical American Family making around 73,000 a year, getting a 60 cut in their taxes. The good news is, this tax reform debate could end in february. When you look at your paycheck, is it higher or is it not . Dana that is what i was thinking, looking right there with kevin mccarthy, to House Majority leader and statuary hall. Getting ready to go in and cast his vote for the bill. One thing i was curious about. Everybody gets to go home to their constituents and talk about something. Republicans will talk about what they consider to be a good year and ending on a high note. Democrats will go home and say, as a nancy pelosi site, this is the worst bill it to ever come to the floor of the house. The worst. That sounds like a lot. My question for you. I do not who wins on the politics, but would you rather win on the economics . Absolutely. The question you just post and it is a right question. Will the average American Family, the average American Worker be better off in a global competition to move their jobs from this country and to perhaps stymie their wages as weve seen the last eight years . The answer is, emphatically yes. The average American Worker in a typical American Family will both be better off because of this tax reform legislation passing, and i think ultimately, good policy will sooner or later lead to good politics. Dana and the two elections, virginia and alabama, the special senate and gubernatorial, both of them show strong support from suburban women and africanamericans. Something in the policy that will help win them over to the republican side before the midterm . Absolutely. You think about the efforts of mike lee, marco rubio on the child tax credit, focusing more of our time and energy on making sure that the average family is more refundable portion of the tax credit, that speaks directly to families that are working and living paycheck to paycheck. Susan collins of the world and our party who fought very hard to make sure the property tax solution was a part of the bill. We have found a way to make sure that we have wins for the moderate income earner to the middle income earner. Dana a senator scott, in the spring it is likely that the republicans will turn their attention to entitlement reform, specifically on medicaid. Are you concerned that you will be vulnerable to questions of why the corporations got such a great tax cut and yet we are looking at taking away money, their words, money from the people who need it most. Should have been part of the consideration during the tax bill . A tactical direct tactical glut, we have waived the Technical Glitch and will waive it again this time. It will have no impact on medicaid. As a relates to our corporation, the real question is, over the last ten years or so, according to a study, over 4700 companies are no longer American Companies in part because of our erosive tax policy. In other words, we can create more jobs at home by bringing the Corporate Tax rate into position where we are competitive with our global competitors. Dana that is certainly the hole. Senator tim scott, thank you. We now bring in chad pergram. It is a fun historic day. Sometimes boring, every day on the hill, but today, it is a day you really want to talk to someone like chad pergram. What do you know . Right now, they are on the boat series. The first vote of this boat series, and coming up in the next two, 25, the actual vote on tax reform. When they move the similar bill to the house of representatives, in midnovember, the publicans lost on their own. Im told the boat count will be they may lose a few on this, it will be passed by the house of representatives. Theyll move to the senate. Ten hours of debate, 5 per side, and we do not expect them to take all that time. They could have a final vote on the tax bill late, 9 30, 10 00, and then the house and senate will be in alignment. They would have passed both versions, same version, and then it goes to President Trump to sign. This is a big day on capitol hill. This is something that republicans have pushed for four long time time to do something the House Speaker paul ryan has pushed for since he came to congress. He was the chairs of the ways and means committee. The taxwriting committee. The key here is what goes on in the years down the road. What is this bill went to look like. What sort of affect is in the economy, taxpayers, do they like you can make are they able to fill out their taxes on a postcard as brady suggested. Legislating is a lot like making wine, not sausage. They put it in the bottle today, and they opened up 4, 5 years from now and will have a whiff of the bouquet and see if this is a nice cabernet or this is swell. We do not know you. It takes a few years for legislation to see if this is good wine or bad one. Dana chad pergram, nobody better on capitol hill to follo follow. Will check back in with you. Republicans on the verge of this historic tax cut as we wait for the final houseboat our Political Panel will weigh in with reaction. Of heart attack or stroke. Noninsulin victoza® lowers a1c, and now reduces cardiovascular risk. 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In the reagan tax cuts of the 1980s, but one other name we should mention. That is jack cap, the former congressman from buffalo, who really was paul ryans mentor. Put a cold mentor. Paul ryan went to work for him back in the early 1990s. Remember that jack was the author of the tax cut in the 90s. Jack kemp always talked that this really was not to enrich the rich, corporations, but to put money into the middle class, he sought a conveyed so clearly in paul ryans remarks. Its not just about that is what jack kemp stood for. I think paul ryan has been working his entire career to get to this day. Dana honestly, i thought this beat for him today was possibly more important to him than when he gave his Vice President ial speech at the convention in 2012. I dont think any question. Kemp was bob doles running mat mate. Dana in 1996 i had a goalkemp teacher. I thought people thought i was crazy. I think ryan is thrill, he will be responsible. And dana the that President Trump is number one i already was to bring back jobs to america. This happens and it also happens to be paul ryans career achievement. These two men were at odds for most of the year, and yet now, they are working and concert and accomplish in something together. It is an interesting question. Kemp was a bleeding heart conservative could i do not know if paul ryan would adopt that idea. Both ryan and trump. I think basically are singing from the same hymnal in this sense, they want the economy to grow and in their mind, the economy it doesnt mean increasing business profits or enriching Stock Options and that sort of thing. It is spreading the benefits of Something Like that into the general economy, raising wages. That is the donald trump appeal when he was running for election, this lower middleclass people, and that is who paul ryan is talking about. Dana what the democrats are right on the politics and successful in convincing people that this is just going to be a tax cut for the rich and it is not going to help middleclass families . If the economics do not bear appeared at that point, what have we done . We have tried, for one think of the democrats, there is no democrat that you will find that would give you an alternative plan. The democrats are interesting. By their own admission, they have no substance of idea at the moment to present to the American People. Now their position is, all we do is cite Public Opinion polls about this tax cut that says the American People do not like it. Their goal, it will fail. Especially in the senate, we have so many moderates like joe manchin, heidi heitkamp, who are going to vote against this bill tonight. They have to be worried that a year from now or so, we start to show the economic benefits. All the democrats will be standing as mere bystanders to what happened here this month. Dana on the show, will have just got a hammer, hes on the Problem Solver caucus, and he says he did have an alternative. I dont think anybody on the democratic side was listening to him. We will on the show. Can i ask about Something Else that is important as we look to Foreign Policy for just a moment. That is, north korea. I wanted to show you the spirit of the past few days, you are an increasing drumbeat of information from the Trump Administration about north kore north korea. The United States will not allow the regime to hold the world hostage. We will continue to hold north korea accountable for its reckless and threatening behavior today and in the futur future. America and its allies will take all steps to create a denuclearization and insured this regime cannot threaten the world. The present has asked all nations to cut off all trade with this rogue regime which you see has never met a weapon it did not use or proliferate or sell to somebody else. President trump used every lever you can use short of starving the people of north korea to death to change their behavior. Dana what does the Administration Try to communicate with the last several days. Not necessarily new information, but increasing in its importanc importance. There is an extremely highstakes game of particle strategy taking place right here. I think the message that the administration was trying to send out to its allies around the world is this is what north korea is capable of. The virus, wannacry, was extra nearly damaging. It is the equivalent of north korea sending Ballistic Missiles across japan. They sent out the cyber attack into the world. I think the United States is trying to do right now is gather its allies to participate in ratcheting up the economic sanctions against north korea. Very difficult thing to do because North Koreans are extremely adept smugglers, and theyve had an easy time getting some other countries to participate in that smuggling directly or indirectly including china, and i think the United States is trying to do is convince countries in asia, including in europe, you have to ratchet down harder and harder on economic stations or they will not work against north korea. This is one of the reasons they are giving the world to do that. Dana in the last minute, and you can you comment on the story that political, this Drug EnforcementAgency Mission and its involvement with hezbollah and the possibility an accusation that the Obama Administration eased off and that enforcement in order to preserve the Iran Nuclear Deal . Big story, the iranians supposedly involved in drug running out of venezuela into the middle east, funding hezbollah, and i think the Obama Administration did not win anything with the nuclear deal, it is a tale that wag the tail of a dog of the obama presidency. I think this is a one story that we will learn more about what they gave up to get that nuclear deal. Dana will ask you to stay here if you do not mind. We have peter doocy live on capitol hill with an update on the tax code. We are live with us before. What exactly should we expect the impact of this to be . If republicans can make it happen . The big impact that the markets keep going up instead of tanking. When two senators sneezed a week ago, nervous about the vote, markets adept. The best thing, the real underlining economy matters. People will be investing in capital. They will make plans after the senate vote could the stock market keep soaring. Everybody will get more in their paycheck at home. Another one of your colleagues from north carolina. If i can get you over here, congressman. If republicans can make this happen, what is the impact . This is a huge impact. Great if republicans and it even better day for americans. To allow hardworking americans to keep more of the money, its amazing. The fact, these results are tangible. When people in february start to keep more and less is withheld from their paycheck on it that is something that you can measure. It is eight years of obama. The strategy was to take more from the American People. Reagan gave back and we believe we can duplicate that. We have another colleague. Congressman, if you could tell us quickly what you think the big impact was. Have you voted already . Members are voting right now. It appears to be a very successful vote. Unifying republicans and ultimately, will be judged based on wage growth for average americans. Really see this economy to god. We are excited. I know you have not been here as long as your colleagues, but where does this vote rank in terms of once you made . Unequivocally, this is the high point delivering on a promise to the American People. When we see the results of this tax cut, well see gdp growth takeoff. We will wait and see. Thank you very much. As you can see, there is a big crowd here and statuary hall, where it is normally a big tourist trap. Today, everybody is stopping to talk about the vote. We may get a vap coming through in a second as well, dana. We have our eyes open for that. Normally when all of these Capitol Police officers come together like that, and you do not hear screaming, because they are on the way to protest, demian someone very important behind them. We have our eyes open for that. Dana its a good thing your call, peter. I can see over most people. The Vice President mike pence, people are clapping right now. Do you have a question for the Vice President , dana, when he comes down here . Dana i would love to hear about this being historic. This is new, and a big moment for the Trump Administration. I will try to get him. Dana i have have all the confidence in you. Mr. Vice president , we are really really quickly. Dana peter. We got a thumbs up, which speaks to his state of mind coming in. It looks like he might be in a little bit of a rush. I dont think he wants to miss the action, and we would hate to keep them. Dana we do not blame him at all. Stay there for us. Well get back to dan henniker. I want to ask you about the politics. I had a friend today contact me, lived in new york. Votes republican comedones to republicans. He just got off the phone with his accountant. He is dismayed. He said, i do not understand why ive ever supported republicans. The account that his taxes are going way up. Is that not matter in the big scheme of things for the Republican Party . It might a little bit. Theres a lot of republicans come about the republicans in new york, looking for condominiums in miami beach. Dana spent six months and a day there. Exactly. Theres a political risk. In those hightech states, people wealthy people make these tax increases. By and large, i think the political risk, this tax reform does the tax code. It touches everybody. Unlike say, obamacare, for all the attention that was given to it, touched a minority of americans. This will affect everybody and i think the potential upside for the republicans is huge. Once the benefits start accruing, showing up in their paychecks, Companies Start investing and some of these members as they are suggesting, that will be a tremendous wind at the back of the party going to 2018. If it fails, they will pay the price for it. I think there is not a lot of evidence at the moment for tax cuts of this size will fail. And i cannot imagine it will be anything but a plus. The republicans will pick up the benefit, and i think democrats and many of them have made a poor choice here of being opposed to everything. They have no participation whatsoever in this. With the economy rising, the democrats will not be able to take any credits or participate in that it all it all. Dana we will keep you here with us. I want to introduce president and ceo of Square Communications and former chief of staff for an adventist smith , just an update, where way for the final tally, but it is clear, the republicans have the votes to pass historic tax reform. That will happen any minute now. We will bring you live. Michael, at this moment for democrats. Do you think it is as bad as nancy pelosi said today on the forthcoming she said, this is the worst bill to ever come to the floor of the house. That may be a hyperbole. Obamacare when it was passed in 2010 was ten points more popular with the American People then this bill is today. Republicans have taken a unified government and put all of their marbles on the table for building tenpoint less popular than obamacare, and obamacare was the net negative popular for eight years. The politics of this, it is clear that the American People have no interest. This is a big giveaway for corporations. Its a big giveaway. The truth whether people ever feels in the middle class, but it is clear, republicans put all their chips in the table and gave all the money to the corporations. Dana it is interesting, alex. If i can ask you, all the stats say, people feel that the economy is better. Their confidence as consumer has improved. The president s Approval Rating does hover between 35 and 40 . However you look at it. Maybe that doesnt matter politically, necessarily, but what you hear from republicans especially younger republicans but i know you used to be the president of the cause republicans but how they feel about this type of in a compliment by the republicans in congress . I think people are excited. We want to have you hold for a moment. Tax reform has passed the house. Dan henniker we passed hr 4323 is submitted. Hr 4323. Two veteran informant and educates comic Computer Science and Scientific Research and further purposes. Come will the house to spend the roles as a medic you make members will record their votes. Five and about. Dana you see speaker paul ryan. Banging the gavel. Alex, let me finish and get a chance to answer. It is about how the politics and Approval Ratings about this bill and the administration and the Republican Party do not match up with how people are feeling about the economy, which is quite good. I think you have to look to what the effects of this policy will be, it will be more money in the wallets of the American People. I think whether you look at the increased standard deduction for individuals and married couples, expanded child care tax credit. There is something in this bill for everyone. The old saying, people vote with their walls. In 2018, i think we may see the fortunes start to turn from some of these Approval Ratings based on what people will be seen. Not just in their wallets, but really over the last year and the 401 k s and other sectors of the economy. Dana michael, dan was talking about the possibility of some senate democrats, more moderate ones who are going to vote note tonight. And they may live to regret it at the economics pan out and people think im at the republicans may have a better idea. Do you think that is a concern . Long before this tax bill passed, the stock market was a record high. We need to pass this to keep the stock market moving, it already had a record year or close to one. Some of that does not make a whole lot of sense. I do think there will be accountability. The largest margin people want the democrats to be in control of congress, the young people youre talking about, 69 want to be democrat. I have been in town a long time. That is an insane number. Theres no way that many people under 35 should want to be democrats. Here we are. Because heres where the circumstances. Is a 48point margin. You never see that. Dana alex, what do you think about that . I think it is important to note that in 2016, President Trump garnered more of the millennial support then romney or mccain. There is something a little bit different about 2016 for millennials. Something to put my hat back on for second, i always said republicans need to do a better job with reaching out to younger americans. I think that through tax reform, through more money in their pockets, that will be a demonstration of conservative principles and what we are able to accomplish as a party. I think our problem with the younger people has not been one of substance but one of messaging. Dana michael and alex, i want to ask dan wasnt mean for a party to have been so beleaguered for 11 months. They finally get to this point, they have a major legislative accomplishment and in statuary hall, we see the members talking to peter doocy. Theyre excited. We are united, President Trump has been the head coach for capitalism. What does that mean going into the next year . Will they be able to get more done, having seen what it is like when they work together, or the opposite . I would be amazed at the opposite is true. In washington, you never know. They should enjoy what just happened. And dana, lets sort it is a member of the Political Class and say something. We should enjoy what is going on here right now. Most politics is grinding through things day by day. This is a huge dramatic events on the floor of the house. All of the cheering. Tax act of 2017. It is a big deal. Its like watching a movie. It does not happen very often in washington anymore. Obamacare was an example. And now we have this. I think the republicans should probably get swept up, youll have the same vote in the senate tonight. Theyll go to the president s desk. Hell be sitting there in the oval office, surrounded by people. Signing a major tax reform. I think a lot of these republicans who been biting on the margins over the past 11 months will decide, i would rather be team trons winning then standing outside talking about it all the time. Dana alive look at the capitol. We expect Republican Leaders to come to the podium, it will bring it to you alive. Michael, what will be Going Forward with the big fight with the end of your spending . Clearly, dana i have to hold you there. Breaking news, Sarah Sanders at the white house. Secretary sanders a historic year. Nearly 1. 7 million new jobs have been created in the Unemployment Rate has fallen 4. 1 , the lowest rate in 17 years. The stock market reached a record high, more than 60 times and closed above 24,000 for the first time in history. We have rolled back 22 regulations for every 1 new regulation, saving over 8 billion in liberating americas bloated government. We have drawn from and renegotiated the trade deal that threatened to destroy american industry and shipped our jobs around the world. We finally set up our nation on a path to not only Energy Independence but energy dominance. We approved the keystone xl and dakota axis pipeline directed the epa to end the job killing world on coal and upon the passage, opening up responsible energy exploration. The president protected Community Spirit lowest level of illegal border crossings on record. Ended the Obama Administrations dangerous catch and release policy, restoring law and order on the border and interior. We built eight walt porter the opioid academic, by nationwide health emergency. And promoted peace through strength. Under the leadership, isis lost almost all of its territory and its most important strongholds in iraq and syria. We restored old alliances come a forged nuance, begun rebuilding our military, and made it clear to the world that there is no greater ally no more fearsome than the United States of america. We reshape the american judiciary for generations, Justice Gorsuch was confirmed and 22 judges have been confirmed including a recordsetting 12 circuit judge judges. We protected flight by reinstating and expanding the mexico city policy that protects 9 billion in u. S. Taxpayer dollars from being used to fund abortions. This evening, hopefully upon passage of the tax cuts and jobs act, the president will have delivered the most significant tax cut in history of the nation and repeal the obamacare individual mandate. The president has delivered promise after promise, issued after issue, time after time, and we are getting started. Disney world debuted its medtronic President Trump for its famed hall of president s. In the president s remarks which he recorded here at the white house come he said, from the beginning, america has been a nation defined by its people. It is why our founders began our great constitution with three simple words we, the people. The talking heads will discuss what this year means. What it means for the president , what a means for the republican and democratic parties, and the never ending political theater in washington, d. C. I would encourage everyone to take a step outside of the beltway bubble and consider but this year means for the American People. To the forgotten men and women around the country, you are forgotten no more. As president , he is with you at 100 , and is this your already proven, he will never let you down. With that, i will take your questions. Reporter two questions, what is the schedule for signing . It may not happen until the break . Secretary sanders we are still working on the details. First we want to make sure it gets passed. Thats what we are focused on now. Helping make sure we see this through to the finish in the senate and announced plans of signing would look like and where it will take following periods reporter the carryover position, a loophole that President Trump promised again and again to close . They carry interest loophole is still there in this bill. Why did the president not insist on getting rid of a . Secretary sanders look, the president was focused and laid out what his four biggest principles were. He want to make sure we are part of any piece of legislation. We feel the piece of legislation answered and addressed appeared that has been a focus all along. And we have continued to talk about consistently here and every time we talked about taxe taxes. Reporter President Trump says it will cost them a fortune, and that is not the case. How does he figure it will cost them a lot of money . Secretary sanders and likely it will certainly on the personal side because the president a lot of money. Again, the president s focus has not been at all on himself, but it has been on the principles we laid out. Number one, priority number one that it helps the american middle class. We know that this bill does that. That is one of the biggest reasons that the president has supported it, been engaged, and look forward to signing in the coming days. Reporter from top rate Tax Deduction and exemptions has doubled. He will make money on it. Secretary sanders again, this is a tax plan that benefits all americans. Primarily an priority number one is middle class americans. That has been this administrations focus. We feel that is certainly addressed and prioritized in this legislation. We will be very excited to sign it in the coming days. Reporter early reports are indicating the fatal amtrak derailment similar to the 2015 derailment in philadelphia could have been prevented by positive train control, which they passing 08 for all lines on 15. That has been pushed back and a quarter of passage of the lines. Is this white house considering any steps to speed up the implementation of positive train control to stop this kind of actions . Secretary sanders we are going to review and investigate what took place yesterday and once we have more details, determination, well take steps to prevent things like this from happening in the future. Reporter you ticked off a number of accomplishments that the president has made in the first year of office. Why are his Approval Ratings only in the upper 30s despite accomplishments . Secretary sanders often times while the president and this administration has been very focused on how we can better help the American People, i think often times, the media is focused on other things, not talking about the growing economy, certainly not talking about crushing of isis, not talking about the creation of jobs. If you look at the amount of time that is spent on negative coverage of this president , 90 of the coverage is negative about this president when as you said, i listed off a number of things that have been pretty historic in nature in his first year, and if people were focused a lot more on those things than the media come i think his numbers would be a lot higher. We anticipate they will go up as more and more of these things continue to happen. And as more people feel the impact of the a booming economy, tax cuts that will take place later tonight and go into effect in the first part of february. These are things that will help boom the numbers. Reporter separately if i may, Matthew Peterson since we last met with drew his judicial nomination. There has been a viral video of his inability to answer basic questions how did he slip through the cracks . Why was he nominated, and are you doubling up your effort at the white house over a doj to make sure youre judicial nominees can answer those basic questions . Secretary sanders the president and his judicial process has led to a historic pace of confirmation, including 12 12 Circuit Court justices and a Supreme Court justice. Every administration has individuals that do not go all the way through the process. Weve had 60 nominees and only three that have not gone through the process. That individual has withdrawn and we will make sure we fill that spot with a really strong and qualified candidate. Reporter where was the president watching when they voted in the house . Secretary sanders im not sure, i will circled back. I was watching to make sure i did not make you guys way too much longer. This reporter can you explain at the end of the air by the president has submitted five fewer names to the senate for nomination than his predecessor at this point in his term . Secretary sanders we have been filling positions as quickly as possible, but at the same time, the president has said before, he does not think that every single position and the government needs to be filled. He will cut back on some of those positions. Weve been focused on some of the top priority places and will continue filling out individuals. We have also seen a massive slow down in obstruction by the democrats. Hopefully theyll continue to push our people through. Particularly individuals that were held up whether it is in the dana we will continue to monitor Sarah Sanders briefing, but here are the leaders after their vote and theyll be introducing kevin brady, chairman of the ways and means committee, and champing of their effort. When House Republicans began this journey, we had two goals in mind. We believed americans deserved a tax code bill of growth. We believed america could leapfrog back to the lead of the pack as a best place on the planet for the next new jobs and next new business. Today, we achieved those goals. As we go forward, i want american taxpayers to think of three days and keep them in mind. New years day, america will have a new tax code for a new era of american prosperity. In february 1st, look at your paychecks. You will see the tax relief we delivered today and on april 15th, you will for the last time file your taxes under this horrible, terrible tax code that we are putting behind us for the American People. Today, we did this without the leadership of our house with the help of our hous house, speaker ryan, and the representatives, we have delivered a new tax code. I want to thank chairman brady for the work he has done to my bringing this conference together, the conference report with the senate, and having this bill passed the floor today. Moving over to the senate, and then it will become law. For every american, for every pair that fought for a pay raise, anyone whos ever dreamed of opening up a Small Business and being an entrepreneur, i want you to know we heard you. We heard you loud and clear. That is what this bill is about. The american come back. To keep more of what you earn. Make america competitive around the world. To make sure Small Businesses have an ability to compete. It will be the lowest rate they have seen in 40 years. The family ies will double the standard deductions. Come february, check your checks. You will get a raise in your payroll of what youre going to see based upon what happened today. This was a historic day. If youre somebody who has been working really hard, and you want to keep more of your hardearned money, this is an historic day for you. If youre in an american like those of us here that are tired of seeing jobs shipped overseas, because america has the highest Corporate Tax rate in the industrialized world and we could not compete anymore, this is an historic day for you. To finally see those jobs come back to america. If youre somebody who has been sitting on the sidelines after eight years of sluggish growth in an economy that was growing at less than 2 . And you gave up looking for work, this is a historic day for you, because now you finally have that shot at the American Dream again. We are building a tax code that works with families. It creates jobs, makes america competitive again, and allows hardworking families to put more money back into their pockets. Theres a lot of hard work that went into this. It chairman brady, speaker ryan, the ways and means committee, and all the conferees that were tirelessly for months and our attitude from the beginning was the failure was not an option. The American People have been waiting too long for this relief. The last time something this historic happen, was in 1986. When Ronald Reagan was signing that into law, he talked about how hard the journey was but and how he never gave up. Back line the headline read, this was the day that many felt was not possible but ultimately became inevitable. Today, the impossible became the inevitable again. It is a hopeful day, brighter day for all americans and their families. You think about the impact of this package on everyday americans. It is so clear whether you are moms, dads, students, seniors, Small Business owners. Everybody is going to have an opportunity for a better life. That is why we are so excited today to see the tax cuts and jobs bill passed the house with such a big vote. As we move forward, we are going to continue to celebrate what this bill has to offer. You think about bringing down tax rates for all americans pretty think about those that have an idea to start a business, grow a business, create jobs, this is the beginning of a new, Bright Future for them. That is why we stand here so excited about what it means for people, for everyday americans, hardworking men and women that have been doing all the right things. If you liked are falling behind. They have a Brighter Future i want to start up i think of the American People, constituents, for sending us here to do the work for them. This is the most important piece of legislation that congress has passed in decades to help the American Worker, grow the American Economy. This is a profound change, and this is change that is going to put our country on the right path. For all those millions of men and women in america that are living paycheck to paycheck, struggling to get ahead, help is on the way. For all those businesses that are tied with one hand behind her back in this global economy, hard to meet and compete, help is on the way. How to thank chairman kevin brady, all the men and women that made this possible. This is been a long work in progress. This achievement marks a promise that this majority made that is a promise that the majority is keeping. We said in 2016, it would take real tax reform for families and businesses to get the American Economy growing, and we are serious. The American People placed their trust in us to do it for them. Today, we are making an promise. We are fulfilling the promise. This promise been cap today is one of the most important things we can do to get the u. S. Economy going faster, to help people get bigger paychecks, fair tax system and symbol phi the system so people can have more peace of mind. Kevin said the right way. I january 1, america will wake up in the new tax code. In february, dlc withholdings go down a bigger paychecks. April 15th, will be the last day they have to comply with the old, bad system. A good day for america. Good day for workers and good day for growth. Thank you. Reporter you said and talked often about the tax cuts in the first few years of the plan. Can you say about the tax cuts that individuals will see in the end of the next decade . The Analysis Shows we will make those permanent because of the senate rules. You know why that is there. It is obviously our intent like times past to make them permanent. Reporter congressman do not have it biggest track record of following through. How can you guarantee americans that they will still see the benefits of this tax cut . Look at what we done right now. We are planning to do the tax reform bill all year long last year. We worked on it all year, ran on a 2016 and spent 2017 working on this legislation and here it is. We are getting it done. This was a promise made in a promise kept. Reporter mike the democratic support means this tax overhaul is vulnerable to the Affordable Care act was vulnerable and ultimately change the comparison the Affordable Care act proved to be extremely unpopular. The Affordable Care act proved to reduce health care choices, raise premiums, make health care unaffordable. This is going to do the opposite. This will grow the economy, increased paychecks, increase takehome pay, and that i believe is going to be very popular. Thank you very much, everybody. Dana we have had an amazing hour, watching the republicans pass in the house, the tax reform bill it. It is his story. Youve seen a very enthusiastic and happy paul ryan. Speaker of the house. During minogues new jersey democratic congressman i know you worked hard to get your points of view what are your thoughts this afternoon . Thank you for having become a dana. My thoughts, i cannot believe youre watching a tax hike goal on the people in my state. We have tried incredibly hard. We tried to put through a tax cut plan, so we can save the state level Tax Deduction. And the new jersey taxes are going to go up. Our Property Values will go down. Unfortunately for us, this is not a good situation. Our bills will get higher and our Property Values will go down. We have to figure how to deal with that. Dana one of the ways that the pressure your state and local government officials to try to lower taxes, so that you can sort of right this wrong from your perspective . I think we need tax cuts at the state level, and we need to get spending under control. Theyve given themselves a gift and stolen my wallet and the people in my districts wallet by eliminating statelevel Tax Deductions coming bringing back double taxation by eliminating our ability to deduct our state income tax, capping our property Tax Deduction. They may be cheering, but the people in mice date are paying for this the moochers already take a lot of money from new york and new jersey. We had to figure out. Dana at the economics play out the possibility of going to three and maybe 4 gdp growth, will that offset your concerns . I would love the gdp growth theyre projecting. I hope that comes to bear. The problem is what they have done, by actually putting the burden on new york and new jersey, connecticut, stayed like that where democrats and republicans voted against it, the chamber of congress came against it. Making us do that, anticompetitive for our businesses in the state. What i am worried, people will leave our state and that is what i am worried about. That will really hurt our economy by taking their jobs and are businesses and their ability to compete and when mick and the economy. Dana last question, the next step for the congress before you leave for the break is to pass an end of Year Spending bill. How do you see that going down . And will it happen . Its amazing we keep hunting at the 11th hour, trying to accomplish this. Theres no way to run a budget or country. I hope longterm get a budget is bipartisan and ive been working on that. I hope they do not blow this up with things that are unrelated to what we need to do to keep the lights on. Im hopeful to get this done before i go home. I have to. We cannot shut it down. That is what i will work on all week. Dana jon scott heimer, thank you. Lets go back to the White House Briefing already in progress. Reporter amtrak, there was a bunch of requests as i understand from the president for 630 million deduction. Because of the accident in washington, do you plan on revisiting that issue . Matthew peterson, the three that were turned down the date had close ties to the white house, trying to change the vetting process . Secretary sanders let me start into one at a time. I will not remember the questions. The first one, judicial nominee. Reporter amtrak. Secretary sanders as i told matthew a few minutes ago, we will wait till it is complete and a thorough review and will talk about next steps once that its done. In terms of the judicial nominee, i have walked through that a couple of times now. We have put through 60 nominated individuals, and only three had to withdraw or not gone forward in some capacity. That is pretty standard for any administration. Every administration of head of us have had similar challenges. Reporter there ties to the white house because our friends of the white house and that is why they got the nomination. Are you going to change the vetting process . Secretary sanders we are focused on friends that are close to the white house, those individuals will be moving forward and not been withdrawn. Reporter . National Security Strategy called out russia to interfere with other countries. Why did the president use that kind of aggression in his speech yesterday . Secretary sanders the president has weighed in on russia and his feelings on a number of times. The policy and the strategy put forth in the very detailed paper was that of the president and reflects his views. He did not read every page word for word. He certainly could have. Maybe i should do that for the next briefing. The present has been clear what his position is paid we have been tough on russia. We put sanctions on russia. We have imported energy and impacted them in a big way. The president has not been soft in this process. He chose to focus on Different Things in the speech, but those things were included in the national Security Strategy, because they are important part of the administrations viewpoint. Reporter does the president regret having nominated someone who advocated against the import export secretary sanders not that i am aware of. Reporting did they have any discussion about the visit with theresa may . Secretary sanders that invitation has been extended and accepted, and we are working to finalize the details, which we expect to announce soon. Well keep you posted. Reporter the president did say, the tax cut bill would cost him a fortune. That was false, right . Secretary sanders no, on a personal side, this could impact the president in a large way. Im not sure if he did it sidebyside, but there are a number of provisions that would negatively impact the president personally. And so we contend those are consistent. Like ive said, our focus has been on the middle class and that is what we think is deliberate in this tax package and we look forward to seeing that dominic it passed later today well keep you posted on it. Dana that was Sarah Sanders wrapping up the press briefing. During this hour, you saw the house of representatives, mostly all republicans, pass the tax cut bill. This is the one they promised to get to President Trumps desk before the end of the year, before christmas, and because the senate will vote tonight, the republicans will make good on that promise. They will have fulfilled a Major Campaign promise not only for the president , but something they have been working to bring back to the American People as they head into the break for the holiday and also into the 2018 midterms. They are hoping that the economic play out the way they believe it will. People will see they have more money in their pockets, corporations having a lower rate will make american businesses more competitive, they will hire more people, and that wages will start to rise for the middle class. It has been a wild and wonderful day. That does it for me. Shepard smith is up right after the break. Shepard the house of representatives has voted for the republican tax plan and the senate is looking to make its mark this evening. Congress is standing at the foot steps of a historic opportunity. This is the worst bill to ever come through the house. Shepard a look at how the bill will unfold and an impact on your familys tax bill. And white house lawyers set to meet with Robert Muellers team this week. If theyre looking for a quick wrap up, they will be sorely disappointed. Theyre saying its going through next year