Isnt perfect a lot of things i wished for, lawmakers didnt bother to close all the fat cat loopholes, you know what . Im not surprised. Because these private equity guys are donates big bucks to lawmakers so washington wont go after them. Look how much money is at stake and how much both sides are getting from the fat cat donors effectively buying themselves a tax cut. That said there are a lot of good things. You know that Corporate Taxes lower. Means good things for the markets. New developments on a story weve been following closely on the intelligence report. Highly questionable uranium one deal. Attorney general Jeff Sessions is reviving a fbi investigation into Hillary Clintons ties to this deal and we have got the intel. First to connell mcshane, standing outside of a wells fargo bank, one Company Giving back to its employees because of tax reform. Connell, i love it reporter interesting, trish, because the corporate rate coming down from 35 to 21 that is really centerpiece, you
Benefits of tax cuts of bonuses, higher wages, more hiring in more investment. Its the great corporate pass through. More announcements are likely. Tax cuts showing positive economic results. Democrats are still making some very dubious claims. For example, nancy pelosi says raises taxes on 86 million middleclass families. That is factually wrong. It is dishonest political spin. The left plans a yearlong allout attack like about when you just saw. Investors clearly approve however the tax cuts and what theyll do for economy for wages jobs and investments. Stocks going up this morning. We dont know how the market closes this afternoon, the president and his top economic adviser both talking up the market today. It will open high gear. Later this morning, Congress Holds a tax plan signing ceremony and you will see it. Varney company is about to begin. We will start with this. A white suv plowed into a crowd of pedestrians in melbourne, australia. We want to know who did it and are the au
The tax reform bill perhaps as early as tomorrow. In the senate, senators are speaking right now. They are not on the continuing resolution as of yet. They are speak as part of their procedures, and some have been talking about whats going to be the vote tonight on the continuing resolution. Rand paul does not want to see the spending caps waived or lifted. But here is what senator marco rubio said on the floor of the senate about fixing the funding. Ill say im disappointed we are leaving here the end of the year without take on a Disaster Relief bill. I believe well do that next year along with a permanent extension of the Childrens Health program. Well have an opportunity to deal with immigration security, the opportunity to deal with young people brought to this country through no fault of their own. Reporter but the house sent the senate an additional 81 million Disaster Relief spending measure. It could be a very long night here. But there are senators who want to get out of here
And the Trump Administration tonight threatening to cut off funds to the United Nations after the International Body voted to reject President Trumps recognition of jerusalem as israels capitol. John bolton is here with more on that tonight our top story and Major Development in the uranium one scandal, Jeff Sessions reportedly ordering the department of justice to look closely into alleged clinton collusion, determine whether a special counsel should be appointed to investigation, how the clintons raked in millions of dollars. Fox news chief National Correspondent ed henry has our report. Not looking good. Not looking good. A year dominated in part by President Trump being in the cross hairs of a special counsel investigation is ending with attorney general Jeff Sessions ordering the Justice Department Prosecutors Press fbi agents about why did did not seek charges in the uranium one deal. The end game would be if they found something they certainly would be potentially capable of reo
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