double the standard deduction and double the child deduction. one thing that won't be is closing the loop hole for carried interest, which affects hedge funding many -- fund or managers. it's something that the president promised. i asked sarah huckabee sanders about it. >> the carried interest loop hole is still here. why did not the president not insist getting rid of that? >> the. was focused. he laid out his first biggest principles that he wanted to make sure were part of any piece of legislation. we feel the legislation answered and addressed that. that's been our focus all along and what we've continued to talk about. >> shepard: one other thing that this bill does, it gets rid of the tax penalties for the individual mandate in obamacare. meaning if people don't buy tax -- health insurance, they don't have to pay a tax on it. that added up to $300 for