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Cnns jim acosta live for us at the white house right now. jim, one top republican aid is already saying that this isnt even close to tax reform. what does he mean by that? >> reporter: he means, jake, that they dont have all the details yet and the white house is talking up this tax reform plan as a big boost to middle income families, but the presidents proposal could also lead to a large increase in the federal deficit, something aides dont really want to talk about over here, as that flies in...

Congress on that. >> jim acosta is "out front." >> reporter: get ready for trump-onomics. it would be a boon to big business and make the deficit go boom. >> this is going to be the biggest tax cut and the largest tax reform in the history of our country. and we are committed to seeing this through. >> reporter: the white house tax plan includes what officials are calling tax relief for h middle income families and help with childcare costs through the tax code sequels a massive reduction in the...

Lets design a tax code that is conducive to economic growth. lets focus on that. >> neil: but the well-to-do will have a better deal. they pay the most in taxes, they will get a bigger tax cut. your democratic colleagues will say this is a boon to the rich. >> everybody gets a benefit from this. thats what we need to do, create a tax code that is conducive to growing our commission, creating jobs and by the way, what happens, the treasury does get additional revenue -- >> neil: so you think the ...

>> well, and worse than that, brian, they want to cut the state department by about a third, 33%, 31%, 37%. its all in the third range. im told that morale at the state department has never been lower. people dont think they are looked upon with any kind of importance. we need diplomacy, we need diplomacy to prevent wars. we need u.s. programs like u.s.a.i.d. that feed people and help do things. its a great boon to the united states because people look at us as people that care about them. so ev...

Gets into the second or third generations with hispanic immigrants, statistics often overestimate the difference because many second and third generations descendants of those emigrants dont even call themselves hispanic in surveys and those who dont call themselves hispanic on average have political views closer. >> tucker: is something that i cover, politics and i think what youre engaging in with perspectives social science because the truth is it doesnt matter whether someone on the supreme ...

Gets into the second or third generations with hispanic immigrants, statistics often overestimate the difference because many second and third generations descendants of those emigrants dont even call themselves hispanic in surveys and those who dont call themselves hispanic on average have political views closer. >> tucker: is something that i cover, politics and i think what youre engaging in with perspectives social science because the truth is it doesnt matter whether someone on the supreme ...

Overestimate the difference because many second and third generation descendants of those immigrants dont even call themselves hispanic in surveys, and those who dont call themselves hispanic on average have political views closer. >> tucker: this is something that i cover, politics, and i think what youre engagings in, with respect, is bad social science because the truth is it doesnt matter whether someone on the supreme court or someone may have a slightly more conservative or liberal positio...

Big boon to texas and what youve done and encourage businesses. are you worried that it falls apart on a national basis and its not as sweeping and not as generous, too early to tell but delayed, do you get worried? >> you mentioned two things. texas has been the magnet to create jobs, bringing people here from other states. businesses relocating from other states. the reason is because we have a low tax and low regulatory environment. what the president is trying to achieve, really is to replic...

What im telling you is that -- youre reading one line from one report. what im telling you that the theme that runs across the economic research is immigrants are a boon to it our economy and boon to american workers. thats why -- . >> tucker: including at the lower end of the laborscale scale? what can you site that proves that? not one thing ever written proves that. >> what im telling you with a very straight face if youre worried about low-wage workers, you need to stop the mechanisms of exp...

Obviously the nfl is hoping that this will be a huge boon for them in las vegas. package deals with hotels. your nfl game on one day, your show the other night so theyre obviously thrilled about this but i want to ask you a quick question about the final four. my beloved villanova is over. my bracket busted a long time ago but what should i be watching for this weekend? >> you have three teams, oregon was there in the first final two. back in 1938. neither of the other teams, south carolina and ...