That was the president taking a victory lap on wednesday night at a rally in cedar rapids iowa. Following two big special election when max in the closely watched race to fill tom prices seat in georgia. And in South Carolina ralph norman held onto the white house budget director Mick Mulvaneys seat for the gop. Minority leader nancy pelosi under fire for a lot of fellow democrats downplaying this weeks losses. This special election defeat earlier this year in montana and kansas. Lets listen. My own account if youre a republican this is not good news to you. This shows where the vulnerability is. On the republican side. Joining the panel this week wall street journal and Deputy Editor assistant Editorial Page Editor james freeman. A lot of fun stuff to talk about here. But i love nancy pelosi saying, it was a victory wait a minute it was for you can have one but for . In a row, i mean that is kind of hard to take. As the old saying goes david, four more victories like this and we are undone. [laughter] why is nancy pelosi a savvy politician, saying such ridiculous things . I think the reason is because she has nothing else to offer. What they have been doing in all of these elections has been teeing it up as a national election. Since the election whether in washington or anywhere else democrats have been running solely against donald j trump. What we discovered in georgia is that is not working. Democrats have to carpet something else. And the question is whether they need somebody else and physically someone other than nancy pelosi. Donald trump is just having a field day by the way. He came out with a treat about nancy pelosi pleading with her to stay. Lets put this to up if we can. I hope they do not force her out. This end of the race as a special election. The arrogance of democrats running a guy who doesnt even live in the district and so forth. Youre going to get donald trump, he is going to have a lot of fun with this. In fairness i would say nancy pelosi herself is not the problem. If you look at how they played her in the election, it was San Francisco values. So the problem i think the democrats have is twofold. On the one hand is very liberal values that are not the values of most america. America is a centerright country. So it doesnt play outside San Francisco. Second, what is the strategy . Resistance. It is just not a persuasive thing. I do not think there is anyone, while maybe jon ossoff but he doesnt live in the 60 districts. If there is if you take donald trump and Hillary Clinton and nancy pelosi out of the equation democrats lost a thousand seats. That is not because the republicans are geniuses. People say what youre offering doesnt is also the attack on the brand of donald trump. I thought it was a winning thing even though the trump name has made billions of dollars for their family over the years. It was part of the reason he was elected. But now some democrats are having second thoughts about beating up on the brand itself. Democrat tim ryan who we should mention is looking for Nancy Pelosis job. He came out with an interesting comment saying that essentially the Democratic Party is now more toxic than donald trump to which you say . I say again, is not just a brand, it is the ideas behind the brand. Essentially Democratic Party is the party of coastal liberal elites. They are from new york, california massachusetts. Im waiting personally for the Democratic Party to rediscover its inner bill clinton. No pragmatist, the guy who does not just resist. Who is genial, who identifies with average americans. He does not want to just spend money all the time. You can get on the board with welfare reform for a pragmatic fix to obamacare. I just do not see those people in the Democratic Party anymore. Jon ossoff tried to go there late in the campaign in georgia. But where do they go . By the way the four losses that they have had james, two of those candidates were on the left of the spectrum. To were trying to convince people they were moderates. So that they do not succeed no matter which ideology. I do think they want to rebrand. They want a more moderate image. But they do have this challenge. And the reason nancy pelosi is still the leader and public face is that she is the greatest fundraiser and political history outside of president ial campaigns. More than 500 million every year. She has pulled money out of citizens desk and la and San Francisco. Are they really going to turn away from that funding constituency more toward a voting constituency . And that is not an easy thing to do. Dan, one point is this makes up the track of the democrats seem to realize just being obstructionist have a note message, just being antitrump does not win elections. Wesley might of the senate level. I think theyre pretty duggan open house but with the senate was informed with the tax bill is possible some of the democrats on the global are like manchin west virginia, north dakota, indiana. They decide that they had to move themselves a little bit more towards the center. The difficulty there is that the economy strengthening and if the republicans do pass the tax bill, giving you the booster shots of the economy, then democrats unless we have missing unless feminist come up with something stronger, they can have a really difficult time in 2018. Bill, very quickly incentives matter whether talking politics or whatever. And one thing democrats have is getting reelected. That they tried obstructionism and does not get them elected or reelected they will turn to something else. Yes. I think Something Like 95 percent of guys get elected. Weve been so polarized. There are a lot of people are nancy pelosi does not have to change. Her seat you know it just will not play in iowa. Look, they freaked out over a guy running in the mayoral primary who was prolife in omaha. I mean this is not a party that is open to diversity. Very interesting. One may come back, as the gop tries to push ahead with its agenda. Senate republicans releasing their healthcare bill. Details coming next. Destroy. But when it comes to mortgages, shes less confident. Fortunately for sarah, theres Rocket Mortgage by quicken loans. Its simple, so she can understand the details and be sure shes getting the right mortgage. Apply simply. Understand fully. Mortgage confidently. Youre searching for something. Like the perfect deal. On the perfect hotel. So wouldnt it be perfect if there was a single site where you could find the right hotel for you at the best price . There is. Because tripadvisor now compares prices from over 200 booking sites. To save you up to 30 . On the hotel you want. Trust this birds words. Tripadvisor. The latest reviews. The lowest prices. Could be preventedrrent with the right steps. And take it from me, every step counts. A bayer aspirin regimen is one of those steps in helping prevent another stroke. Be sure to talk to your doctor before you begin an aspirin regimen. Tand, our adulte children are here. So, we save by using tide. Which means we use less. Three generations of clothes cleaned in one wash. Those are moms. Anybody seen my pants . Nothing cleans better. Put those on dad its got to be tide. Republicans believe we have a responsibility to act and we are. For our constituents, our state, and for our country. Senate republicans released a muchanticipated discussion draft of the Healthcare Plan on thursday. Seven weeks after the house passed their own plan to repeal and replace obamacare. What is inside the senate bill . And how does it differ from the houses version . s less ask troy, the president of the American Health policy institute and former deputy secretary of health and Human Services under president gw bush. First of all, how would it change obamacare . In contrast of nancy pelosi they want to reduce taxes, reduce spending, reduce mandates, reduce overall deficit and hopefully reduce premiums thereby requiring people to subsidize less. It is the overall big picture. Lets hope it works out. One thing it would not reduce and some of its critics have pointed to this, some of the conservative critics is money for insurance companies. There is an extra 50 billion by my count over the next five years of help ensure that are going to be forced to continue to paper folks with preexisting conditions, right . Yes i think the fear is that the insurers will continue to exit the market as they have been doing in the Affordable Care act that we just saw. The problem is that the insurers are very nervous about these markets remain stable and theyre putting this morning integration insurers stay in the game for now. Is it fair for critics whether they are in the left or the right to called as a bailout . I think the overall goal if you get these markets stabilized in overtime your money to provide any additional money for insurance but they can get their money through premiums and reduced as a people are incentivized to purchase them on their own. The dirty secretive and obamacare among others was the fact that medicaid was used, the expanded version of medicaid to ensure people cannot what is happening with medicaid in the senate bill . Is a good point. When you have is a little game where you have had people in medicaid and expended medicaid. If you are in medicaid as it is as other people are supposed to get tax credits to get them into the individual market. Also the big changes in medicaid are coming a little later so there is a delay so governors can deal with it. Also a lot more experimentation by the governance of the governess can be innovated on how to design the system the way they see fit and on the seventh with the federal government wants to do it. There are also things not that big in terms of money. But have a lot of significance for social concerns. Things like eliminate at least for a year the money from planned parenthood, right . Yes. It is only for one year. It is a symbolic victory for the prolife caucus but there are divisions. The game is to get the 50 republican votes. They have no democrats working with them. Have to make sure they get 50 republicans on board anything the planned parenthood compromise is that it is away again symbolic support that they want but not necessarily will change the game long term. The key political factor in what they want to do is lower premiums. That is the thing that hurts americans most. Premiums have gone up, deductions have gone up more percentagewise but will this do anything to actually get premiums and deductions down . The theory is that it will. We have some evidence and not the actuary, part of hhs but a nonpolitical part transit they would reduce the amount of premiums and that is a good thing. Again, if you reduce premiums you do not have to subsidize as much. But you never know how these things will play out until the legislation is written, signed by the president. There is another thing. This is a lot of doctors say they are thinking of quitting being doctors because with the malpractice laws that are so generous in this country. Of course england has ways to prevent that. In ways that maybe would not be part of this but anything in the senate bill that would adjust these suits . Your timeout malpractice reform as part of the republican overall. It is not something they could get indigo because of the vote threshold. It is not something that will fit in with the budget reconciliation rules. I budget limitations. Think of something republicans will continue to pursue but it is a very heavy left. As child laborers are a big part of the Democratic Party so they will not give up that easy. Democratic and republican, the on the beltway. Lets be honest it is a tough call. Selling insurance across state lines. The house said this will have to wait for another version of and obamacare clean up before we get it done. As a center of justice at all . It is this a problem david. A budget reconciliation limitation that do not allow them to do something that is not within the budget context. That will not be in there. However think of something that could be attached to a piece of legislation down the road. Lets say must pass piece of legislation preventing input of revote and see if they can get that way. I think the journal editorial said that this is not a free market utopia. But i think it is a step in the can do additional steps down the road that will give them the regulatory powers and try to do this. So this is not the end but the beginning of the end, right . Or the end of the beginning. Great to see you thank you for joining us. When we come back, republicans are facing a long hot summer as he tried to deliver on some key campaign promises. From the healthcare overall to tax reform, can the councilmembers of their own party to move their agenda forward . Is not enough just to pass a bill has Obamacare Repeal on the title. Weve got to actually have legislation that fixes the underlying problem. Hours of highperformance sleep. With beautyrests innovations and technology, sleep performance is the new performance. dobreaknbites are great. Ul theyll break off a couple if you sit, you stay. But if you want all four, mmmm. You gotta get cute. You gotta let a baby sleep on your belly. vo new beneful breaknbites, with real beef as the 1 ingredient. So, your new prescription does have oh, like what . Ects. Youre gonna have dizziness, nausea, and sweaty eyelids. And in certain cases chronic flatulence. No sooooo gassy girl. So gassy. If youre boyz ii men, you make anything sound good. Its what you do. If you want to save 15 percent or more on car insurance, you switch to geico. Its what you do. Next next i just did not run on replacing obamacare with more just to subsidize a taxpayer money. I think we can do better than this. My hope is not to defeat the bill but make it better. That was kentucky senator rand paul one of the republicans opposing the Healthcare Plan. The gop tries to move forward this summer into campaign promises. Repealing and replacing obamacare and overhauling the tax system. Can they support and count on support from their own members . We are back with dan henninger, bill mcgurn, larry kissel and james freeman. Mary will not be a slamdunk. Chris is a do or die moment for the republican party. Either they are going to repeal and replace obamacare with Something Better they going to have to pump up obamacare. Because these is failing a politically cannot afford that millions of people in america to be without access to insurance. Donald trump is going to do a deal. If he does not do a deal with the right he will do it with the left. In healthcare will be key to the tax reform. And the president has already begun to sell this plan. And he is talking nice about some of the republican critics but he has not always done. Play a little snippet of an interview he had with fox and friends on friday. Therefore good guys and i think that they will probably get there. We will have to see but i think we are going to get there. We have four very good people that, it is not that they are opposed, they like to get certain changes. And we will see if we can take care of that. We are going to take care of that. We can make you feel. He is the guy that is the dealmaker and you dont get a deal by trashing people that i think republicans have to realize that this is a choice, not perfect versus something that will probably be a lot worse. Alternative to this is not a better bill. It is nothing. I think it relates to the elections. When we talk about the symbolism of the politics and at the and of the day these decisions will be made. People that are struggling, they will feel more opportunity and better about the future peter means lower premiums for a lot of people enemies tax cuts help revive the economy. That is the reality. It is not just the legislation. We need to do something and i hope that the president realizes that the legislation is not just something you know at the end of the day he is going to be judged by this. About whether he can produce. We just talked about taxes. Paul ryan cannot this week and talk about really pushing forward on taxes in a way that i have not heard from anyone except people in the Trump Administration. It was great to hear he did not mention the border tax. They finally wake up to the fact that people do not want another tax . I think they think they going to if youre going to cut taxes yet to raise taxes here. I think that is what you hear from paul ryan, from the freedom caucus. Not just tax reform but tax cuts. And i think it ought to be their focus. I am creating a whole new tax that did not exist before like the border tax. Right. And i think that the focus on their political futures. Weve been talking with these special elections mean, what will happen next year. Theyve got to get economic reform, the Economic Revival Program going if they want to get reelected next year. If they want to keep control and that start with a big tax cut. And it is across the board. They say will be corporate and individual. He says that eight of 10 companies in america are not incorporated. They pay taxes. It is a real acrosstheboard tax plan. Is there trying to extend this out as far as they can. We have to point out that in healthcare bill, they have taken a start. I have eliminated obamacare taxes. They also eliminated 3. 8 percent surcharge on Investment Income for higher income people. That will help the economy. I think between the two bills, they are headed in the right direction. I have to say senator rand paul it sounds like a man from mars. So he wants to just start all over again. But there is no congress to deal with. Got an opportunity to show they can get something done. If they do not, the democrats are sitting there with universal healthcare which they will propose immediately. But mary, interestingly, there are some democrats that we supposedly dogs. The more bait met with members on tax cuts. So is it conceivable particularly in light of the Georgia Election that they may get some democrats coming to their site . I would hope so. What has been lacking is bipartisanship youre not on the republican side. The republicans are happy to do deals with democrats. For instance on the tax plan, getting tax cuts in exchange for more infrastructure spending. Democrats want to get reelected. They are not going t