Page 10 - Score Keeper News Today

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Some significant differences here, are we expecting a protracted fight between the two chambers or will this move quickly? >> no, i think theyve shown that they want to get this done. they fear failure enough that mare motivated to find common ground between them, look, normally, passing a tax cut politically is a slam dunk. this is more of a political gamble. youre looking at polling 2 to 1 opposed. 60% says it will again the rich at the dispense of the middle class. theyre own score keeper say...

Easy questions. is that a good idea? >> well, if you think that it is vital that the deficit not go up more than expected, yes, it is a good idea. but there is very good reason to think deficit will go up more than expected. theres pushback. we heard some of it in the last hour. grover norquist, people like that complaining. and theres one wild card that has been thrown into this equation today. that the joint committee on taxation, the official score keeper of congress, which the republican lea...

Middle income parents are going to see tax hikes. put that aside. parents makes me think of kids and students. remember, youre getting rid of the deduction you get for student debt. no longer can parents deduct what do you call it, ali. >> tuition. >> you cant deduct tuition. these are things that matter. come on now. >> were going to keep on talking about all of the things that are affected in this for the next few minutes because it really is kind of important. lets talk about how many of thes...

Lets go to people making 20,000 to $30,000 a year. under an estimate from the joint center for taxation. >> jct. >> congress is sort of score keeper of the impact of these tax bills. it says that those people are going to start seeing higher taxes in 2021. by 2027, taxes will go up for everyone making $75,000 and under. so i want to show this to you a different way. these bars represent the percentage change in after tax income by 2027 based on this bill. take a look at the right side. thats the...

And then the sochi winter olympics are under way, but the threat of a terror attack still looms. >> the intelligence community is focused on sochi and we wont be able to comment on each reported threat. well take them all seriously. >> well get the latest on the olympic security threat from michael mccall and adam schiff. plus our sunday panel on the gop flip on immigration reform. and our power player of the week. behind the scenes of the coolest museum youll never see. all right now on fox new...

And then the sochi winter olympics are under way, but the threat of a terror attack still looms. >> the intelligence community is focused on sochi and we wont be able to comment on each reported threat. well take them all seriously. >> well get the latest on the olympic security threat from michael mccall and adam schiff. plus our sunday panel on the gop flip on immigration reform. and our power player of the week. behind the scenes of the coolest museum youll never see. all right now on fox new...

Latest updates on this topic.

House budget committee. yesterday he said republicans are ushering in dangerous legislation. >> theyre going to employ budget gimmicks to try to hide the cost of their actions. what theyre going to do is engage in enron type accounting to say that when they move to try and repeal health care a week from tomorrow, that the hit on the deficit will not matter. that kind of flimflam is exactly what the american people came to expect the last time the republicans were in charge. >> he doesnt stand fo...