Shu Chuck Schumer and nancy pelosi pulled out after the president tweeted meeting with chuck and nancy about keeping government open and working. Problem is they want Illegal Immigrants flooding in unchecked, are weak on crime and want to raise taxes. I dont see a deal. Lots to discuss, but the white house and the republicans are responding. What do they say . The white house referring to this as pettiness. Readers saying there is going to be a meeting and democrats need to be here. This is supposed to be a crucial meeting and there are no shortage of complicated issues that need to be wrapped up in the next couple of weeks. I want to read you the joint statement from paul ryan and Senate Majority leader Mitch Mcconnell deciding to pull out of the meeting. They said we have important work to do and Democratic Leaders found new excuses not to meet to discuss these issues. Democrats are putting Government Resources for the men and women on the battlefield at great risk. There is a meeting at the white house and if democrats want to reach an agreement, they will be there. They will not be there. The Senate Minority leader attacking President Trump and that tweet and the negotiation in general. When you pull back, who everybody wants to negotiate with. Democratic leaders have made it clear and they want to negotiate one to one with Republican Leaders and dont want the administration involve and dont trust the administration and they wanted it to be a congressional negotiation. The rub here on that is this. The Republican Leaders need the president s sign off to move forward on the issues. Whether its a spending bill or a supplemental package or a fix on the daca issue. President trump is going to have to sign off on something for republicans to get in line and move something forward. Republican leaders know that and the white house knows that. Thats where the difficulty lies right now. Democrats are making it clear and feel like they have leverage and they are starting to push on that right now. The big question is given how tight the deadlines are and how complicated the issues are, they appear to be further apart and they are trying to negotiate the issues. The reality, the leaders were going to have to hammer out the final details. As of this moment, they are not even leading. The leaders scheduled a couple hours before to go to the white house and meet with the president of the United States. After his tweet, they canceled that meeting and it is an extraordinary moment. On the tax bill, at least 10 republican senators felt they had serious concerns about the bill and it only takes one republican no vote to keep it from moving forward. It looks like ron johnson of wisconsin is the senator to watch in the coming hours. Explain why his vote could prove to be so important. No question about it. The republicans hold a oneseat advantage. A 12 to 11 majority of one senator voting against, it would stall it out for the moment. Senator ron johnson made clear he has specific demands and they havent been met by leadership. Heres his issue. Its about what is called pass through. Business entities like partnerships and llcs that pass through and pay individual rates. In both the house and the senate, there is a significant cut in place to those rates, trying to make it a lot easier for the entities to pay taxes. The issue is they want that ut expanded to be more generous. The problem is that costs money. Significant amounts of money. More than 100 billion. Senate republicans dont have that space to work with. It runs head long into the leaders. The deficit hawks adding more money to what costs and could risk alienating them. Senator james langeford and they dont want this plan to add to the deficit in the longterm. What you have is gop leaders trying to figure out both sides. They need to do it in a short clip. President trump meeting with republicans behind closed doors. There is hope that maybe he can get senator johnson over the finish line and as it stands, the mark up is scheduled for 2 30 p. M. Senator johnson was still a no. Republicans planning to move forward. Something will have to give. We toll have figure out what it is. If they are not guaranteed a win, will there still be a vote . Its an open question. Last night the frustrations were so stark, they were willing to move forward. Saying look, we will call your bluff and we want to move forward. If you look at the deadlines they look at, they dont have a lot of time to extend this effort out. As of now, the mark up is scheduled and as of now, the vote is still scheduled. At this moment, there will be a clash here in a couple of hours. We will see what happens. Thanks very much from capitol hill. We have the chief analyst with us and congressional reporter with us as well. What do you make of the decision from the leaders in the house and senate to pull out of a scheduled meeting at the white house with the president of the United States to discuss avoiding a government shut down . I dont know if anyone refused to in the board room with donald trump before. This really may be a first. I think it is evidence of frustration with him and their reaction to the tweet this morning which n which he said i dont want a deal. He said i dont see a deal. They want to raise your taxes and they just want to let Illegal Immigrants in unchecked. I think there was a sense as Chuck Schumer outlined of whats the point of dealing with this guy . We have to deal with the leadership in the house and the senate. I think its really just one way to get under his skin, to tell him they dont he doesnt run them. And that they will neat hmeet h somewhere along the line. They dont have to do it. Whether this is a good idea is another question. They can look as childish as he is. Right now they are saying go meet with your republicans and when you need us, come to us. Its very interesting. In a joint statement, senator schumer and congresswoman pelosi said this and i will put it up. Given that the president doesnt see a deal between democrats and the white house, we believe the best path forward is to continue negotiating with our republican counterparts and congress instead. We dont have time to waste in the issues. How difficult is this to avoid a government shut down over the next couple of weeks . It doesnt help it. We are running out of time. December 8th will be here before you know it. Democrats say they will withhold their votes for a spending deal to keep the government open unless they address daca which is the key issue. Republicans do not want to do a daca deal. They know democrats have the upper hand and they are worried they have to agree to something the base will balk at and come after leadership if they do. I think its interesting and i know conservatives are happy that this meeting didnt happen. They are worried that President Trump would give democrats what they want on daca. Just a couple of weeks ago, the president had this tentative outline that he agreed to with pelosi and schumer where he said we will do a daca deal and i dont need the wall to be part of it. They had to call him to walk it back. I know people have been calling the white house saying President Trump, do not do this. Do not cave to the democrats on this issue. Now they are not going to be in the room together. There is no fear with conservatives and today he will cave on daca. It is extraordinary. When you see the president on capitol hill meeting with Senate Republicans and pushing the republican tax plan. He has been working the phones and he also has been a distraction with some of his disparaging comments. Pocohontas honoring war heroes. What do you make of his role in the push for tax reform . He wasnt get out of his own way. It occurred with health care and now with tax reform. He cant stay focussed on one issue at a time. He did the pocohontas thing this morning and insulted the democrats this morning. Cant seem to get out of his own way. I caulked to one republican who said honestly the president is more engaged on the tax issue than he was on the Health Care Issue because its an issue that he understands. He also understands whom its going to benefit. If you look at the analysis by the Congressional Budget Office, we have been talking about these pass throughs that senator johnson wants changed. The money from that flows to the top 1 of people in this country. Some of them are Small Business owners and some of them are lawyers and other professionals. Every time they make a change in this tax bill, its playing whack a mole. The president im told kind of understands that, but some of these changes would clearly benefit him and his family. Fair point. The Congressional Budget Office said that poorer americans would lose billions in federal benefits under the Senate Republican tax bill and middle class americans eventually would pay more since most of the individual tax cuts expire after 2025. How does it square with President Trumps promises and his message during the campaign . It shows that they are going to be losing the messaging war on this. Republicans have been trying to paint this bill as a tax cut mostly aimed at the middle class. There are two tweaks going on to the bill that make it harder to make the sell. The first one is giving Small Businesses bigger tax cuts that is something ron johnson of wisconsin and steve gains of montana are also pushing for. The problem with doing that is the top 1 comprise Something Like 80 of the Small Businesses. By giving them a bigger tax cut, you are giving more money to the top 1 that under cuts the middle class argument that republicans are trying to make. There is a lot of debate going on now. Thanks very much. Lets take a closer look at the tax plan and what it means to you. Joining us now, the economics reporter for the new york time times. Who benefits most from the plan and who will it hurt most . The senate like the house plan does mostly benefit to the people who own large corporations or as we were just hearing from the panel, its now getting expanded the benefits from people who own Small Businesses or other pass through entities. As a share of the plan, the plan favors the rich more. There are benefits and benefits for a lot of middle class families, but because they have a lower income, thats less of a share than to the rich. Some provisions to the bill will expire after a few years after passage. For instance, the individual tax rate cuts by 2026. Why not make them permanent like the Corporate Tax rate cuts that go from 35 to 20 . Those are permanent. The individual tax rates are for a decade, if that. Republicans would love to make them permanent and believe they will be made permanent by the future congress, but they are temporary to comply with the Arcane Senate budget rules that republicans are using to pass or attempt to pass the tax bill entirely along party lines. By using the budget reconciliation process, they are able to bypass a democratic filibuster and cant increase the deficit after a decade. They have to sunset those provisions, its called, in order to keep from losing money down the line in a way that would make the bill not qualify for the budget reconciliation rules. Why not sunset the Corporate Tax rates for 10 years and see if they will be extended, but keep the individual tax cuts permanent . The idea is born from the way conservatives see the economy and tax policy. You need to give investment certainty for companies that that will drive Economic Growth. The plan for republicans comes back to the flooms cutting the rates, particularly Corporate Tax rates will unleash stronger growth and you get smaller growth effects in most economic models if they are temporary. Companies cant plan and that uncertainty holds back the investment decisions. They are making a bet on how their bet on Economic Growth happens. He wanted the tax rate to go from 35 to 15 and he said it wont go higher than that. Thanks for the analysis. Also today, there is new developments in the russia investigation. The president s son in law may be compelled to give more testimony over a spat between senate investigators. We have new information on that. Former president obama announcing the International Tour during which he will hold international meetings. How will the current president react . Senator john mccain blasting President Trump for calling a senator pocohontas at an event honoring native american heroes. Why the white house said it wasnt a racial slur. 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The Top Democrats have pulled out of their scheduled meeting after the president insulted them on twitter. Senator Jeff Berkeley is joining us now from capitol hill. Let me ask you about this decision by Chuck Schumer and nancy pelosi in congress. They were scheduled to meet with the president and the Republican Leadership over at the white house to discuss ways to prevent a government shut down. The president tweeted this meeting with chuck and nancy about keeping government open and the problem is they want Illegal Immigrants flooding in unchecked and are weak on crime and want to raise taxes. I dont see a deal. As a result they said its a waste of time to go over there. They are not going. Your reaction .