House speaker paul ryan. A huge win. Ryan said he wanted to do tax reform basically since before he entered politics. He is a disciple of jack kemp, who is very involved in the 1986 tax reform effort. Ryan i saw on tweet that basically ryans dream since he was a waiter at tortilla coast, Mexican Restaurant on capitol hill. So this was basically a lifetime goal for him and a huge political win for him. He put his full weight behind this effort, and got it past the house representatives despite the fact it some members in his own conference had some reservations over it. The attention now turns to the senate. What are the key differences in the bill thats coming out of the Senate Finance committee versus the one that passed on the house floor . The Senate Version of the tax reform has a repeal of the individual mandate, the requirement within the Affordable Care act that individuals Purchase Health insurance or else face a tax penalty. Conservatives hate that, and so this was theres a push within the senate try to get this included. Appears that was successful. Although some senators are still hesitant to vote for a tax reform package that has that. Other than that, there are also difference 0 on the individual side. The Senate Version has temporary tax cuts that will phase out for individuals, whereas the house plan, plans on something more permanent, and also differences on various die ducks like the mortgage Interest Deduction which he house cuts in half. The committee spent four days marking and some contentious debate and a dustup when democrat, sherrod brown, and here rein hatch and orrin hatch. Any sense of the floor debate. Yes, democrats will continue to argue this is basically a tax plan for the rich. Its an age, old argument between them and republicans on tax reform. Senate finance chair, orrin hatch, normally a more softspoken member, became very heated last night basically said that democrats have been making these argument ford years and he is sick of it. This wont go away. Very much a part of the democratic messaging on this. We heard late week that senator ron johnson, republican, wisconsin, is opposed to the current form of the nat measure. Are there other Senate Republicans who compressed opposition to the bill or leaning no on the bill . Senators Susan Collins and Lisa Murkowski are considered to be on the fence over various basically over the individual mandate issue. Murkowski said she wants a guarantee that a separate healthcare bill to shore up the obamacare subsidies will go through before she votes for tax reform, and senator collins said she is a little bit hesitant over voting to repeal individual mandates, sounds like she might be more cautious over the effect that could have on healthcare premiums and wants some assurances there as well. Other than those two, and senator johnson, who has reservations over Small Business provisions, senators jeff flake and bob corker have also expressed some hesitancy over the cost of the package, and basically it is going to cost over a trillion dollars over ten years, protracted to the cost over ten years, and as deficit hawks they have reservations over that. The measure is expected on the senate floor, going beyond that, looking ahead to the Conference Committee between the house and Senate Versions, you talked about a few of the Sticking Points. What else mights be see in a potential Conference Committee . Well, there are there is a repeal of a key Financing Mechanism for president trumps infrastructure plan within the house bill that isnt in the senate bill. Something that could be a Sticking Point win conference and ten members on the house side had reservations over that, mainly transportation and infrastructure focused representatives said they would fight to try to get that put back in, into law, to repeal that fund they can that repeal funding mechanism out of the conference and thats key differs between the senate and house versions. Also, mortgage Interest Deduction, its something that really hits home to a lot of people. The house plan, again, would cut that in half. The senate bill doesnt really touch that nearly as much, and its possible that they could wind up somewhere between those two. Collin wilhelm covers tax and finance issues for politico. Thank you for joining us. Thank you for having me. Next, Senate Hearing on the president s ability to authorize the use of nuclear weapons. Then Opening Ceremony for the new miami museum of the bible in washington, dc, after that former white house strategist steve bannon talking about u. S. Relations with israel. Next, a hearing on the president s authority to order the use of nuclear weapons. The Senate ForeignRelations Committee heard item on the procedures currently in place, and legislation that would liar congressional approval to use those weapons. This is two hours and 10 minutes. [inaudible conversations] the senate fgn