Page 2 - Math Add News Today

Drastically slashing corporate tax rates. that comes from a new study published by the presidents council economic advisers. cutting tax rates from 35% to 20% will boost wages substantially depending on where you are on the income ladder, he says the boost will add anywhere between $4,000 to 9,000 bucks a year. but does his math add up? economists on the right, its an article of faith that lower taxes on businesses and the wealthy reap benefits that trickle down to the rest of us. they argue the...

>> they deserve the help that they desperately need right now. lives are at stake, as well. senator blumenthal, thanks so much for joining us. >> thank you. theres breaking news coming out. president trump touts an historic opportunity for tax reform, but how much of the plan is very much up in the air? and well take a closer look at a surprise claim that republicans do have the votes they need to repeal and replace obamacare, but does his math add up? ♪ can i kick it? ♪ yes you can ♪ ca...

>> none of these people should be doing this, none of this. this should stop. but the question is whos going to stop it at this point? whos going to stop it? >> whos going to stop it? guess what they are there to do, tax reform. the outline, the nine-page outline is now out. we dont know -- you and i havent gotten a chance to tick through it just yet, but we have to say this is a real plan. for months weve been saying we had one page and now we have nine. >> we had the napkin before. now we have...

Big tax cuts and big spending. does the presidents math add up? >> we will see. his budget will come out some time in the next week or two with all the lines in the budget and where these cuts are going to come from to make up for the loss of revenue from some of the tax cuts and also the big increase that you just talked about, an infrastructure spending and defense spending. when the president talked about infrastructure spending of a trillion dollars in his speech tuesday night, a key phrase ...

Good morning, everyone, im poppy harlow. >> im john berman. great to see you. >> so this is a president that wants to spend some money. a lot of money. he wants to pay a whole lot more for military expansion. he wants to cut taxes big league, and at the same time he wants to introduce a trillion dollar infrastructure plan. this is a plan that actually has some bipartisan support. >> to launch our national rebuilding, i will be asking congress to approve legislation that produces a $1 trillion in...

Hear what our hearts have to say and our feelings have to do. >> reporter: thank you very much. so that its clear, this senate and this house will likely pass this law, and will become law on august 1st. chris? >> jacob, thank you so much as they continue their march to the state capitol in austin. we go to our daily briefing on politics. the nbc team has their questions to president trump tonight. mark murray joins us now. the trump administration did release the budget outline yesterday. there...

It roundly. ill leave it to others to judge making connections between what someone is not doing and what happens out there, but if youre the president of the united states especially, youve got to condemn it immediately. >> senator casey, good to see you. and thats so much. >> thanks, chris. >> coming up, the big questions heading into tonights presidential address. the white house calling for that massive boost in military spending but does the math add up? that and what else to watch for next...

Spending, but there are key programs that are important for individual states, individual districts. its going to start a big war with congress. the one thing also is that this is just a first budget. there is going to be a supplemental appropriations bill that they send to congress afterwards that increase spending for things like the wall, others like that. its also going to cause concerns because at the end of the day that will increase the deficit. >> the thing that he sort of wore with sort...

Well see how that works out. with the u.n. here in new york city, president obama meeting with raul castro. the second meeting these two men have had together, but the first one since relationships with cuba were said to be normalized yet again. that is happening at united nations. were watching all of it. when there are headlines you will see it here on "americas newsroom." eight past the hour. donald trump wants to cut your taxes america. >> no business of any size from a fortune 500 company, ...

Did take off like a rocket. the soviet empire was undermined. it really was quite a magnificent thing. of course, liberals dont agree with this and so im sure and ive already seen some attacks out there on this. when bill says this is fairly conventional, in this day and age, its fairly reagan-esque. >> you worked for ronald reagan. >> jeffrey is right about that. weve been pushing him. where is the substance, your plans? hes finally come forward with a plan. i give him credit for that. its also...