Page 1386 - Threshold News Today

Preparatory to the deal. peter brooks is a senior fellowi for national security affairs, the heritage foundation of washington and he joins us tonight, thanks for coming on. >> good to be with you. >> tucker: this piece is very long, dozens of people are interviewed and it and it sounds like they nailed it. the obama administration prevented the dea from basically doing anything about hezbollah smuggling guns and drugs because they wanted to keep the iran deal in place. do you buy that? >> its p...

Take back to get that 60 vote threshold. those two factors, doug jones and the reconciliation caused the sloppiness. >> i showed the polling numbers that we have and how much this bill has done damage to the party on taxes and the tax bill itself. and i feel like this only make it that much harder. they are trying to get out of the gates to resell this thing. and yesterday it was bob corker having to make it seem as if he didnt backtrack and there wasnt some sort of side deal to get him in and s...

You have an extremely low threshold for criticism and a remarkable obsession with loyalty. the fundamental lack of understanding or acknowledgement that just because you appoint someone or you are trying to make an ally of someone doesnt mean they owe you anything back. you had a couple of good examples, but jeff sessions is the other example. he appointed jeff sessions and then so quickly and publicly turned on him. not at all surprising we are hearing this behind the scenes reporting about gor...

From happening, perhaps in both parties, just kind of across the board, that the threshold for a caucus deciding that somebody whos been duly elected should go, shouldnt be said at that level. so i think thats what were seeing. i dont think theres a serious effort at this point to convince him to change his mind. >> technically, though, caitlin, nothing would really have to change. he said he was going to resign, but they would have to put him through the senate ethics investigation, that he him...

Party of old that made simplification such a big idea of what to do. push in the direction of a flat tax or three brackets. we have seven. there are numbers that are played around with and change the threshold on incomes. its the corporate piece that is the overhaul here, going down to 21% on the corporate side of things. those businesses better do some stuff from the administrations perspective. thats where the political stuff is in this. >> it provides the growth. the president is talking 4%, ...

A war hero, a guy that guided america through 9/11. are republicans that you speak to on the hill other than the small lot who are basically carnival barkers trying to get a little pith of attention, are your rank and file republicans like rob portman, are they comfortable with the trashing of a war hero like bob mueller? >> they are very uneasy about it. but you have to put an asterisk next to that. they are rushing through this tax bill. they feel confident about confirming justice gorsuch ear...

President should do than what the senate should do. james madison, 1787, 230 years ago, they wrote the constitution to give the senate very unique powers. and some powers to hold an executive in check. they were worried about an executive gone wild. >> so do you want to use one of those powers? >> i want to use all the powers we have. we have to use every power in the constitution to keep this president in check. and that means the powers that we have as a senate minority to slow things down, bl...

Interested in. the refundable tax credit was raised to $1400. rubio demanded this to be a yes vote. he got it. dependents, $500. heres where you might be affected. the mortgage interest deduction will apply to the first $750,000 of new loans. currently, it applies to the first $1 million of loans. if youre in there and have a loan worth more than $750,000, it still applies to you. this is a new change. the state and local tax deduction will be in there, but it is capped at $10,000. including bot...

Cuts for working families and very large tax cuts for businesses to make them competitive. we have a broken business tax system. we had one of the highest rates in the world. were coming down to a 21%, very competitive, and more importantly, were going from a worldwide broken system to a u.s. jobcentric system thats going to bring trillions of dollars of cash back here to be invested here. >> one of the biggest changes from the house and senate proposals is that the final plan lowers the top tax...

Manchin is right that if you opened up a bipartisan door here you could have done real reform instead of doing just a tax cut? >> it is real reform, the most significant since 1986. the reality is i sat in joe manchins office many evenings trying to find a path forward to make it bipartisan. as much as im sorry that senator manchin continues to torture himself by staying in the party of chuck schumer and elizabeth warren, we think there are ways that joe manchin could have helped us out. but we ...