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>> reporter: the house ways and means committee voting to approve their version of the tax overhaul, putting a bill on track for a house floor vote text week. >> we ran in 2016 on this doing tax reform. the president ran on doing this tax reform. so this is about fulfilling our promises to the american people. >> reporter: but even after late change tuesday the pull to bring it in line budgetary targets, still late differences. the house collapses individual brackets with a top rate of 39.6%. th...

Version of the tax overhaul. the bill on track next week. >> we ran in 2016 on doing this tax reform. the president ran on doing this tax cut and tax reform. so this is about fulfilling our promises to the american people. >> reporter: but even after late changes to the bill, bringing in line with budgetary targets still major differences from newly released senate counterpart, the house collapses individual brackets from seven to four with the top rate of 39.6%. the senate, seven brackets, the ...

Bit of ground. >> bush went from third place to seventh. >> in iowa but still second in new hampshire. walker is second in iowa. they both and walker dropped dramatically in new hampshire. in the states where they really need to win, walker needs to win iowa. bush needs to win new hampshire. they are in second place. >> how about donald trump? >> yeah. donald trump was really hurt by these debates. the last predebate poll in i didnt was 38.6. in new hampshire he was at 32% and now at 18%. he has...

70%. 38.6 to medicare and medicaid. 33% social security. 21% to poverty programs and just 5% to our veterans who gave their service to our country. so yes, absolutely right. 70% of the federal spending is going right out to individuals. start make the checks right out to the persons name. >> a lot of us hope that social security will be there some day, but then when you add up all the other stuff, its quite a number. >> i count on nothing. i count on nothing. im pretty sure im going to get nothi...

In other words, how much pad they had on their profits, the slipping a little bit to 37.9% to 38.6%. if youre in apple, that kind of ruins your sort of view of the world that you can make money hand over fist and make more money, quarter after quarter. apple did but not to the degree many thought it would and not to the profit degree many hoped it would. so is this aworriesome sign or too early to tell? jim lowle on all of this. good to see you. happy new year. what do you make of what were gett...

That was under clintons first term where things didnt go that well. it was in the second term that they went well and they cut capital gains taxes. is that what were for now? >> wait a minute now. if you take the eight years of 22 million jobs created, when the tax rate was at 38.6%, the fact of the matter is we have been down that road before. when im answering your questions, giving you a direct answer, if you ask exactly what do you think they should pay, you got the number. >> but, remember,...

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Insurance for all of your employees? >> i do. >> so none of them are on obama care? >> we dont use obama care. we dont want it. >> his employees dont use obama care. he provides health care. come on, why was he using -- >> heres the difference. 1.53 million people in florida are using obama care. if you use humana which is one of the carriers you have a 38.6% increase in your premiums. >> corey, i am going to get to the bottom of obama care. corey, come on, hold on a second -- >> you get health ...