Of course, two days before the floor vote, if we get there. Could the dont get stuck in committee today . Josh we will find out if the tax bill will move forward in the senate. There are two key senators that are uncommitted to the bill. Either one of whom could stall the bill if theyve dont vote in favor. The most important is senator ron johnson of wisconsin, who has a lot of concerns about the passthrough rate. Johnson himself was the owner of the passthrough business. He says if he is not satisfied with the changes that Mitch Mcconnell is going to make, he will not vote for the bill. The problem is, if mcconnell were to offer more generous pass benefits, it may have the effect of increasing the deficit, which may recognize the vote of tennessee senator bob corker, who is yet to be committed because he has concerns about the deficit. It is not clear whether Mitch Mcconnell will be empty square the circle by 2 30. David lets bring in our colleagues from washington. Pur, ron johnson i
A bowl in this market as well, as it has been for much of the year. It looks like investors are pricing in a high likelihood that the tax bill is going to get past, after some back and forth regarding senator marco rubios vote today. We learned that it sounds like concessions to what he would have happened on the tax credit is getting into the bill. The index isof touched major intraday records today. It is outpacing the gains we are seeing in the major averages today. Thats get a temperature on the high tax proxies we have been watching. Here in the white line is an index of high tax. These are the companies that are seen as benefiting more from a Corporate Tax cut. This is the russell 2000 four reference in blue and the s p 500 in yellow. It is interesting the action we have seen in the russell, because within these companies that are mostly domestically oriented, with they are also tax as benefiting from the bill, but the russell has not been performing as well, perhaps in part beca
Reason to spend four digits on this phone. Wait toe continue to release the presentation of the iphone 10 or iphone x. David kirkpatrick, lets ask about the architecture of these phones. Phil shiller the head of marketing at apple talking about abiotic infrastructure in this phone. The glass background, the sleekness. Does this Company Think about we care about such things . There aretrick things we care about. The a 11 chips that what we care about as long as they were great. We do care about if its ifing late in getting it is an organic light emitting diode, it will always be on without using battery. Matters tof change consumerist, it makes the phone easier to use. They havent had many things like that in recent years. I think this rain on the highend phone is going to be a game changer for them. David cory johnson, as we look at the iphone 8, iphone 8 plus showing off the look of those new phones, loop is similar question to you. How radical is the fact that we are getting new proc
Happens. We are going to see what happens with north korea. We are prepared for numerous things. If something can happen where we negotiate, i will always go for that. That if it is something that is going to be other than negotiations, believe me, we are ready, more than we have ever been. Thank you very much. Thank you, thank you. President trump outside the white house a few moments ago. He is taking a helicopter the secret Service Training facility, speaking to trainees this afternoon. He was talking a lot about the speeches he just gave in the white house at about the iran deal. Was enumerating their essentially, kicking this over to congress. They will be dealing with sanctions. The Treasury Department issuing some new sanctions today as well. Imposing sanctions within 60 days, now the ball is back to congress. Robbers can decide what to do with that, but as far as the president goes, he is saying we will not continue to certify the Iran Nuclear Deal, also talking in his speech e
Make its way to the president s desk. Down ballot democratic victories on tuesday are putting more pressure on the gop to score a legislative win. Here to discuss this is Kevin Cirilli, chief washington correspondent, and on capitol hill is marty shanker, chief content officer. Kevin, let me start with you. I need to know one of the major differences between the senate and house bills. The house seeing changes in the last version of this bill. Give us the details here. Kevin a slow friday on capitol hill. I can tell you i just spoke with a source to a prominent Republican House member. The differences that exist between the house and Senate Versions are not substantial enough to derail it, at least according to this senior aide. The main difference in the Senate Framework we got yesterday is that first and foremost it would keep seven tax brackets. The white house wanted three. The house version had four. The implementation of the Corporate Tax rate from 35 to 20 . The Senate Framework