I spent an extraordinary 12 months in american politics. Twice impeached president is facing multiple criminal investigations, civil and praise across jurisdictions. Its antisemitic in some cases and the platform. As the conservative Supreme Court and the 50 real constitutional right to an abortion. We get all that and more tonight but we begin at the end of this year with historic results with the Midterm Election or democrats came to see in the senate and republicans managed to have defeat from the victory and historically the elections had been a disaster for a first term president in the party in power. As and as nbc noted democratic president s in their first midterms have seen the party lose an average of 40 have seats in five senate seats so watergate i look even worse for the party. Democratic president s in the first midterm at cnn part of those an average of 44 house seats and six senate seats. Many political observers had a bloodbath on the level of 1994 republican evolution
Concern. In setting bargaining chip . If this is costing you more votes than it is getting you, would you take the individual mandate out . Let me say this is about getting it passed in the senate. That is the objective. This is not a bargaining chip. It is an unfair tax on poor people. To think you would put a penalty on people who cannot afford to buy medical policy is just fundamentally unfair. That is what this is all about. But it does have a political impact. Theas been added into original proposal. Could you live with it if it is taken out . I think right now our objective is to keep it in. It provides a big tax cut for the middle class. It takes up the tunnel team. But we will work with the senate as we go through this. It is a very big deal, we got it done. We got it out of the finance committee. Were going to get something to the president to sign this year. If we can repeal part of obamacare and still have a good textile, that is great. I think it is up to the senate and the
Big news out of the United Nations, nikki haley announcing a cut in next years budget after the un voted to call for donald trump to withdraw his plans Israeli Embassy to jerusalem. Varney and company starts right now. Charles lets look at futures, under pressure all morning, fractionally better. Lets bring in zach hour. Everybody wants to know 205k in 2017. In 2017, i dont see why not, certainly lets call it by valentines day a couple points, next year will be a strong year for the stock market, the first half of next year especially. I am worried about a blow off topic for the market sometime next year but that is all the more reason. Charles you could argue this year, last year, the year before, pretty long market, people are calling for it. Prices are not crazy, prices are okay, we are introducing new money into this economy with conditions tight. What i worry about is a faster rise in Interest Rate than we expect giving more competition. The cd rates, why am i taking this risk in
I was driving over the Woodrow Wilson bridge. You want to step on it. Its not that deep. Its been a long week, sarah and jim. Unfortunately we got a long weekend in store when it comes to the brutal cold. It is in the forecast about all weekend. Unfortunately even the smallests trips require immense around of sweaters. Theres windchill warning along the ridge top of the mountains where it will feel like its on the order of ten below here and a possible 20 below as you get out to extreme western maryland, portions of West Virginia where youre in the mountains there. Temperatures right now as we begin our friday night, 18 in washington, 12 in gaithersburg, 15 out of dulles, 14 in winchester, and weve had the to be breezy through tonight. Wind gusts exceed 20 miles an hour here in washington. 30 miles an hour in annapolis, we started the day with some incredible windchill values, going to go show you them later on, on the order of 25 to 30 degrees below what it felt like five below in hag
Is rolling in style. Hes going to get her in trouble with the authorities. Rise and shine, little lady. What you all doing . Look what i got . Thats lily. She just turned 3 years old and thats her dad, tommy. He walked in the room with her sister and he has something in his hands. This is going to be real different. Shes exuberant. You remember what we talked about, stay on all the time, we dont take these off. She looks like shes on board, super excited and there it is. He puts the pair of glasses on her face and watch how she lights up. I see everything. Its her first pair . Yes, as a matter of fact her mom sarah said dad knew something was going on. The doctors found out shes extremely farsighted. Its hard with kids especially at that age to try and understand whats really going on, because they dont have the words to describe it. I see everything. You can see everything. Really you and you. Look at that smile, its lighting up the whole room. Wait until she goals to the mirror. Is t