Transcripts For CNNW Early Start With Christine Romans And D

CNNW Early Start With Christine Romans And Dave Briggs April 27, 2017

Trump said he wanted to improve nafta, not scrap it. He said it is my privilege to bring nafta uptodate through renegotiation. I believe that the end result will make all three countries stronger and better. President trump has already withdrawn the u. S. From another trade pact, the transpacific partnership. The president s decision to stay with nafta came hours after a Senior Administration official said the white house was considering pulling out of the trade accord. Top republicans reacted to that news by warning it would be a disastrously bad reckless idea. Trade is now a developing theme in this white house, a keep focal point of a war room has been set up, the president expected to make more trade moves this week and well ybeyon. A group of reporters taken into that room and shown the progress. The short list of tax goodies with few goodetails. But the president s top money men say it will become a plan and it will not explode the debt. This isnt going to be easy. Doing big things never is. We will be attacked from the left and we will be attacked from the right. But one thing is certain, i would never ever bet against this president. He will get this done for the american people. This will pay for itself with growth and with reduction of different deductions and closing loopholes. There are some hard numbers including cuts to both individual and business tax rates. White house officials could not answer what it means for a family of four making 60,000, but they did release tax brackets saying it would lower individual rates for all americans, the number of brark k brackets would shrink from 7 to 3. No income levels yet though. The white house wants to double the standard deduction, that means couples would not pay taxes on the first 24 grand in income. Also this white paper, this outline calls for eliminating most deductions with some exceptions. The very popular breaks for your mortgage interest, charitable donations and retirement savings. For businesses, top rate drops to 15 , there is a bon time tsi on bringing cash back to the u. S. From overseas accounts. No word on what that rate will be or if there will be a mechanism to make sure that the companies spend the cash on job creation and dont just give it back to the shareholders. We hahave seen those tax holida before and they have created zero jobs. There must be a meck nick to make sure that the money goes to the economy and not the stock market. They also want relief for child care. A lot of talk about the amt, getting rid of the amt. And questions quite frankly about what this all would mean for Donald Trumps personal financial situation. A lot of these things would benefit him, too. But you wonder about the opt on tic opticses, if im in middle class america, what does it mean for me. But lets hope our good friend can help us break it down in washington. Our current tax code is more than 74,000 pages. This baby as romans pointed out is one page. Were not going to comb through all the questions we have, but what are the politics of this as we approach a bill coming through . Well, the reaction from the hill hats sort of been to be quite frank thanks but no thanks. It is very much a rough arc if he can chur as christine aptly laid out. Its one page, it is not reform. It is a number of cuts. And the reaction from the hill where keep in mind, this is from republicans and democrats. They have been trying to pass tax reform a long time on the hill. And they have gone through several iterations of this it. And there are some things that paul ryan the speaker of the house who tax reform and economic policies are sort of his baby. There are things in thatare thi that he has wanted for some time. So after the obamacare sort of flameout before recess, the white house said they wanted to take a more active role in leading the policy making progress, but congress is seeing this as an interfering as opposed to actually being substantively helpful in terms of what they want to draft. And then ultimately vote on. Ive been waiting my whole career for real tax reform. The last time we did it was 19867 and ilg19 86 and its hard because when you cut a Corporate Tax rate, that means you have to get rid of loopholes and that means some companies would pay more. A 15 tax rate would actually increase for some about that. D and that is why there is so much lobbying around it. Former director of the cbo, a republican, hes worked for republican president s, proposing trillions of dollars in cash cuts and casually inserting that it would pay for itself with growth is detached from empirical reality. A real tax reform plan would include specifics on how to broaden the tax base, not leave that hard work to congress. A responsible tax plan would not ignore the threat of increasing a National Debt that is already on an unsustainable court. That is review from a republican budget wonk. Democrats will spin this as a magical math tour that just benefits the rich. Everyone with a tax cut were told from secretary movnuchin, t i think the democrats will focus on the richl he here. Absolutely. And as we said before, without Donald Trumps tax returns, that will be a huge liability for republicans. Even without them, we know that donald trump is a wealthy plan and weve seen glimpses of his tax returns in the past. And if you have a tax cut package that looks like it benefits the we would any, they are going to portray it as donald trump as we saw in the late night clips, it would be portrayed as trump trying to n benefit himself and people like him. So republicans will know that democrats will come ut with that against them. There is a bit of gamesmanship that always comes to play in this time of politicking. But its certainly a liability so republicans would be wise to sort of preemptively shore up that line of attack because youre right, democrats are always going to come out swinging going and say this is some sort of corporate cronyism that did not help middle class america. And when you get into the weeds of this, with no democrat being support, that means they needreconciliation, which means it can have no impact on the deficit, which is also impossible. They also are looking to health care. What are you hearing . Its interesting. It has always been this sort of really delicate balancing act where like you have conservatives over here and moderates over here and if the pendulum goes too far this way, you lose the other side. So we have agreement in principle with many of the conservatives, we talked a lot about the freedom caucus, this group of a couple dozen or so republican members of congress, they actually now agree to this amendment negotiated over recess with a member of the moderate group, but the rest this member that negotiated it was always a yes on the deal. The rest of the group is saying its now getting farther for them and its more difficult and over recess they faced the angry town halls of folks upset about the idea of losing preexisting conditions. So while you have some movement, its not clear that this is a breakthrough that is actually going to get to the magic number of passing. But to be clear, they wouldnt lose coverage, they could be charged more if they have preexisting conditions if their state applies for and gets a waiver. A waiver that would not be allowed for members of congress who would be exempted from it, which is terrible. We have donald trump the president now at 44 approval righting. You can see how that stacks unit of all the other president s at their 100 days. And were told we got a little tour, behind the scenes tour from someone close to the commander in chief of this war room about the first 100 day activity where they are trying to really stack up some priorities and some wins here, arent they. Yeah, its kind of funny. Im sure this is played every first 100 days, but from one side of the mouth they are saying 100 days false emarker, doesnt matter, but on the other side, look how much weve accomplished. I think to a certain extent the sort of grade you will give the president kind of depends on your view. If you oppose him, you will look at it and say look, no major legislative accomplishments, that is very much unlike some of his predecessors who managed to pulled off their signature issue in those first 100 days. At the same time, if youre part of his base, you may look at some of these executive orders on immigration especially that sort of made an impact right away. Hes not pulling out of nafta which does renig a bit on some of his promises that he made on the trail, but he does say that he will renegotiate it. So you see action in the areas that he ahe talked about acting. So its a bit of a choose your own news kind of situation. But the white house certainly has bullet let poinpoints they to claim a list of accomplishments. Their choose your news is tax cuts lead to big growth, tax cuts are a job creator. But we know that it can lead to big debt. And we hear he would also like to break up the ninth sir consult. Well ask you about that in about 30 minutes. Thank you. Well ask you about t about 30 minutes. Thank you. Haurm lawmakers for more an have that reaction next. P to 2 , 3 terrible twos, and a onecoat wonder named grams. It survived multiple personalities, 3 staycations, and 1 tiny announcement. Behr. Number one rated interior paint, exterior paint and stain. Protecting and perfecting since 1947. Only at the home depot. La quinta presents, how to win at business. Step one ask the presenter to go back a slide. Well played. You just tossed a mind grenade into into your colleagues dulled senses. Look at them, what did i miss . He oneupped me once again. Step two choose la quinta. And your la quinta reward points can be redeemed for everyday purchases on the go so you can win at business. Learn more at lq. Com today. I just want to find a used car start at the new carfax. Com show me used trucks with one owner. Pretty cool. [laughs] ah. Ahem. Show me the carfax. Start your used car search at the allnew carfax. Com. Red line, 20 minute delay. Oh, no. rhythmic clatter cant get a signal . So annoying, right . Yeah, and im late for a job interview. Hey, man, can you just nix it, just for like two seconds . Thank you. You need verizon. They have the largest, most reliable 4g lte network in america. Its made to work in places like this. With verizon unlimited, we could video chat the interview in hd right here. Okay. Hey, man, ill cue you. vo when it really, really matters, you need the best network and the best unlimited. Just 45 per line for four lines. Im a people person. drumming resumes you. Smells fine, but yourin your passengers smell this bell dinging new febreze car with Odorclear Technology cleans away odors. For up to 30 days smells nice. Breathe happy, with new febreze. Nice tells you what you kind want to hear. Ifferent. But kind is honest. This bar is made with cranberries and almonds. So, guess what . We call it cranberry almond. Give kind a try. [fbi agent] youre a brave man, your testimony will save lives. We thank you for your courage. But as you know, you are now in terrible danger. Mr. Stevens . Mr. Stevens . For the foreseeable future. This is your new name. This is your new house. Your new bank account. And a perfectly inconspicuous suv. You must become invisible. [hero] ill take my chances. Plenty of tough talk, but not substance. Thats how several senators described an unusual briefing they received about the threat from north korea. The entire senate went to the white house to hear about a range ever options for dealing with kim jongun and his nuclear ambitions. Lawmakers left wishing for more specifics, many saying little new information emerged. We learned that the u. S. Is considering them putting on the list of state run terrorism. Lets go live over to seoul. Yeah, that is one of the options that white house officials have talked about, something that the soeecretary state Rex Tillerson has talked about before. The United States is looking for any approach that it could take in dealing with north korea, reining in the regime when it comes to their nuclear intentions. You have heard Top Trump Administration Officials Saying repeatedly that this era of strategic patience is over, that a jen with race of policies have failed, it is due for a new and different approach. But it continues to beg the question what approach is new or different. You have seen the tensions rise here. The u. S. Has has upped its ante with the redeployment of warships to the waters off the peninsula, the docking of a powerful submarine and decision to move forward with this controversial Missile Defense system that will likely be operational within a matter of days according to the commander of u. S. Pacific command. But what we learned from that meeting that the senators were called to came from the secretary of state and secretary of defense who spoke afterwards saying that the goal of the u. S. Remains the denuclearization of the peninsula and that the u. S. Is working closely with its partners in the region to apply pressure in terms of economic pressure and diplomatic sanctions. Of course we know u. S. Is looking at china for leverage. It is china that has the most important economic relationship with north korea. Again the secretary of state and secretary of defense also reaffirming the fact that they are working with allies like south korea and japan. That is not a new or different approach, but it is in line with what weve been hearing from the top officials as they have visited the region. China is north koreas neighbor and north koreas banker and north koreas purse. So obviously there is a lot of pressure to be had there. Thank you so much for that alexandra field. President trump giving the pentagon the power to set troop levels in the fight against isis and iraq and syria. The delegation of Authority Allows against secretary james mattis to determine if more troops are needed to back up operations. Pentagon Officials Say the decision does not change the current Troop Deployment numbers just yet. Lets do some sports next. Think of a super bowl where every time gets to play. That is the nfl draft. That kicks off tonight in prime time. Andy scholes with the details in this mornings bleacher report. And, oh schmidt, thats a lot of dirt. But theres plenty of time for scotts outdoor cleaner plus oxiclean to work its magic. All while being safe to use around plants and grass. Guaranteed. This is a scotts yard. With tempurpedic. T our proprietary material automatically adjusts to your weight, shape and temperature. So you sleep deeply, and wake up feeling powerful. Find your exclusive retailer at tempurpedic. Com ykeep you sidelined. Ng thats why you drink ensure. With 9 grams of protein and 26 vitamins and minerals. For the strength and energy to get back to doing. What you love. Ensure. Always be you. Listen up, heart disease. you too, unnecessary er visits. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and pay attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. Hey youve gotta see this. Cno. N. Alright, see you down there. Mmm, fine. Okay, what do we got . Okay, watch this. Do the thing we talked about. What do we say . Its going to be great. Watch. Remember what we were just saying . Go irish see that . Yes im gonna just go back to doing what i was doing. Find your awesome with the xfinity x1 voice remote. Time for some sports. Celtics have now won three in a row, are one away from advancing to the conference semifinals. Andy scholes has more in this mornings bleacher repo er rore. What a difference a week makes. They were in a panic after losing two straight, but all is well after their Third Straight win. Isaiah thomas arriving to the arena with his son. Check it out. His son looked like he was ready to play. Im sure he was proud of dad after this one, the 59 thomas with huge buckets down the stretch to lead the celtics to the win. And bulls head coach understandably not very happy after this game. Did you see isaiah carry the ball at all in about this game . No. Well, tonight is the first round of the nfl draft. This year its taking place in philly right on the iconic rocky balboa steps. Cleveland browns have the first overall pick. The draft will start at 8 00 eastern. Each time getting ten minutes to make their pick in round one. And one prospect to look out for is michigan tight end jake butt. When your last name is butt, what would be a perfect endorsement deal for you . Toilet paper of course. Charmin signing them to aen doorsment dean endorsement deal and they sent hirm him a dump truck of day let paper. And a week long trip includes holding a practice, the team visiting the vatican yesterday taking in pope francis s francis weekly address. Coach harbaugh gave the pope a wolverines helmet and brand new pair of custom michigan jordan shoes. Harbaugh saying this has been the experience of my life time. And my question is, do you think pope francis is going to wear those jordans . I think hes balling in those size 1111s. All right. Thank, andy. White house looking to help the president round up some wins. A flurry of new activity. Well have the details next. Its league night . saved money on motorcycle insurance with geico goin up the country. Bowl without me. Frank. im going to get nachos. Snack bars closed. Gah ah, ah ah. Im goin up the country, baby dont you wanna go . Im goin up the country, baby dont you wanna go . Geico motorcycle, great rates for great rides. Nlike squirrelgirl52, without thwho writes,ootball. No football on sundays has left me with a lot of free time, so ive constructed a sanctuary for local squirrels. Try watching the nfl draft. Maybe watch with a friend. Or doctor. This this this is my body of proof. Proof of less joint pain and clearer skin. This is my body of proof that i can take on Psoriatic Arthritis with humira. Humira works by targeting and helping to block a specific source of inflammation that contributes to both joint and skin symptoms. Its proven to help relieve pain, stop further joint damage, and clear skin in many adults. Humira is the 1 prescribed biologic for Psoriatic Arthritis. Humira can lower your ability to fight infections, including tuberculosis. Serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. Before treatment, get tested for tb. Tell your doctor if youve been to areas where certain fungal infections are common, and if youve had tb, hepatitis b, are prone to infections, or have flulike symptoms or sores. Dont start humira if you

© 2025 Vimarsana