Page 2 - Tax Framework News Today

Analyst, from what you hear from these scant but now more details than weve had, do you think they could have done something different? >> i think we need to wait and see what happens with the investigation. the investigation is going adeqp readiness, was there adequate intelligence, was there adequate equipment. before we have the answers to those questions, i think its dangerous to jump to conclusions. while the investigation is under way, i think its critical the administration continue to em...

Capitol hill pushing his tax legislation overhaul. but what is that? there are so many details that need to be filled in, so lets bring in cnns money chief business correspondent christine romans. what do we know and what does it mean? >> what are the sticking points for republicans, thats the big question, too. the tax framework is very vague, so thaction-writing committees can fill in those details. there are three key areas that are the fine print here that will be a problem. first, adding to...

Wants to eat the broccoli and find a way to pay for it. this is something that is going to give democrats a lot of room to maneuver and a lot of ammunition as they try to find ways to attack this tax reform effort. >> weve also seen what feels to me like a pretty significant shift from republicans here now arguing well, tax cut will pay for itself because the economy will grow at a faster than 3% growth rate because well be essentially cutting business tax rate, putting back more into the econom...

White house in this capacity. >> all of the individuals that the president has been presented with through the proper protocol have been contacted through that process. >> sarah, just to follow up on the health care question. is it correct then to say that president trump does not support this deal in its current form? >> correct. >> and -- >> i think he stated that pretty clearly today. >> just as a follow-up on another issue. he had a conversation today with governor reynolds of iowa. can you ...

Forward. >> let me ask you one on puerto rico and one on taxes. going back to puerto rico, you said with the debt, theres a process in place and that the process will play out. does that mean the presidents comments of just simply wiping away the debt is no longer on the table? >> the president wants that to go through that process. thats the stage were in on this. >> chuck schumer right nor or is scheduled to have a news conference about the state of local tax deductions being wiped off the boo...

And, again, with he want to be part of the conversation on that moving forward. blake. >> let me ask you one on puerto rico and then one on taxes if you dont mind. going back to puerto rico you said that with the debt that there is a process in place and that the process will play out. does that mean the presidents comments of just simply wiping away the debt is no longer on the table? >> the president wants that to go through that process and thats the stage we are in. >> and on tax reform, chu...

Implied or otherwise, this suggests something of the character of this whole administration. i would say probably more like a rehe jigim regime, i dont mean that as a complement, than it is an administration. i think there is a distraction strategy too. because if you like the health care reform, it has collapsed again, and so the nfl takes front and center. hes just delivered a so-called tax framework, and that is likely to be a big giveaway to very wealthy people, going to be much better off a...

Basically? >> all right, as you said, ive been neck-deep in the tax framework since its release yesterday, so i havent been following every senators response -- >> you and senators who havent read the roy moore clip. >> i will dispute republicans are giving some warm bear hug to the senator, that the entire establishment opposed in his primary. its been 48 hours since he has become the republican nominee for that race. so i would say theres been tepid maybe discussion about him, but this notion ...

Worth, tax reform, to you? is roy moore worth it, basically? >> all right, as you said, ive been neck-deep in the tax framework since its release yesterday, so i havent been following every senators response -- >> you and senators who havent read the roy moore clip. >> i will dispute republicans are giving some warm bear hug to the senator, that the entire establishment opposed in his primary. its been 48 hours since he has become the republican nominee for that race. so i would say theres been ...

At more than plus 30 points in early march to now minus 40 points. with almost no legislative accomplishments to show from eight months of unified republican government, mcconnell doesnt just risk losing control of his conference to insurgents like roy moore, he risks losing control of the senate altogether. senator john thune put it, "we got to start producing legislative results or were going to end up in the minority two years from now." which brings us to tax cuts. the last remaining big-tic...