Illustrate efforts to kill egregious regulations to help american businesses. More on what he is proposing now. Republican leaders are finalizing their historic rewrite of the tax code with plans to unveil the bill tomorrow. Will enough support to pass it. Fox business just confirming one key republican senator is now planning to vote no on the bill as it stands. And others are on the fence. Well see. Over in the house new reports that Speaker Paul Ryan could be retiring at Midterm Elections. What his team is saying now. David get you back to the markets. Dow closing in the red as were hearing tax reform may not be difficult to pass as it stands in the senate but there is a lot of tweaking going on inside of the beltway right now. Nicole petallides on the floor of the new york stock exchange. Was it taxes today, nicole . Well deaf, in part because you have marco rubio now, showing some opposition. That weighs on the market overall. You have some uncertainty there. You see caterpillar,
After day. We will see if a rally can hold into the final hour here. The dow, itself, up 106 points also in record territory. And helping the market today, the house passing its 2018 budget, thats a first step toward getting tax reform done and how Speaker Paul Ryan will be holding a News Conference on that very topic later this hour. Well bring it to you live as soon as it begins. The dow up 40 points. When they announced they passed a budget, it was sudden i up 100. Its looking for right now. The Amazon Effect strikes again. This time fedex and u. P. S. In its sights see both those stock are lower detail on that coming up. We begin with the netflix stock jump today and the companys move to raise the price of its most popular streaming plan by 10 , which sounds like a lot, but its 1. Maybe it is a lot. Well, it could be, but, you know, i dont think its going to break too many banks. Julia boorstin has details for us julia . Reporter thats right, bill. Analysts, investors dont seem to
Headquarters here in new york. Lets start with politics on this Independence Day. Nbcs Kelly Odonnell and kasie hunt both here with the latest on the two major parties presumptive candidates. Kasie, let me start with you. Donald trump once again in hot water for his twitter feed. On saturday this tweet widely criticized as being anti semitic, shows an image of Hillary Clinton and what appears to be a jewish star over hundreddollar bills. Describe how the campaign has reacted. Well, craig that image going up on saturday over the weekend. Immediately the subject of criticism from some who saw it as anti semitic. At that point, someone posted to the twitter feed a modified version of that image. Im not sure if we have it, but it shows a circle on top of that star. So clearly, something potentially amiss. But then quite a bit of time went by after that. And we had silence about this from the Trump Campaign. In the interim, the Anti Defamation League put out a statement calling on trump to
About where the president is taking the country. She does it on big brother house. Is it big brother . Yeah, sorry. I dont want it. I want to get to know one of women for whom this is not about damage control but hopefully a measure of healing. Jenny willoughby is her name. She was married to rob porter from 2009 to 2013. She said she endured physical and emotional abuse. Porters first wife Colbie Holderness divorced him after years. Rob porter denies the allegations calling them outrageous, false. He says the reality behind the pictures is nowhere close to what is being described and says quote, ive been transparent and truthful about these vile claims. With that said, i want to play you what jenny said in just a moment. First i want to two to pam brown standing by at the white house. Reporter at the white house morale is low about the handling of the rob porter situation with the white house so fiercely coming to his defense in the wake of these Domestic Abuse allegations. In fact, y
from majority leader mcconnell that an immigration debate would be taken up. there s fro promise from spiker ryan at this point. you re right. i think what spiker ryan has to do god is allow democracy to prevail in the house. the majority of people in that body want to pass dreamers legislation, they should be allowed to have the voit. it s rail wrong. here in the senate we do have a majority. i think mcconnell will play it straight and allow different amts to come up. do you believe the white house is going to release it? all i can tell you what i read in the papers and i m told they will. i think a lot of what republicans have been trying to do is muddy the waters. divert attention away from the