Transcripts For WTXF Fox News Sunday With Chris Wallace 2017

WTXF Fox News Sunday With Chris Wallace November 12, 2017

Chris we will discuss what it means for the special election with chris van hollen, head of the Democrats Senate campaign. Plus, President Trump on the world stage taking his America First message abroad. We are not going to let the United States be taken advantage of anymore. We will ask our sunday panel about the president s trip to asia and his latest comments about alleged russian interference in the 2016 election. And our power player of the week, a new hightech museum for the good book. To speak bible is love it or hate it, its just one of the great reads of all time. All all right now on fox news sunday. Chris and hello again from fox news in washington. We begin with breaking news. President trump dealing with a new controversy when he seems to suggest after meeting with Vladimir Putin he believes putins denial of russian meddling in the 2016 election. White house correspondent kevin corke reports from the philippines. As to whether i believe it or not, im with our agencies, especially as currently constituted with their leadership. I believe in our intel agencies, our intelligence agencies. In attempting to clear up confusion over whether he accepted russian president Vladimir Putins denials of meddling in the west election last year, President Trump to the surprise of many repeated his beliefs saturday that putin was sincerely convinced that there was no meddling. I think it was very obvious to everybody. I believe that president putin really feels, and he feels strongly, that he did not meddle in our election. What he believes is what he believes. U. S. Intelligence agencies have long since concluded that there was meddling. The president has recalibrated explanation threatening to overshadow his final stop in this five country asia tour, and followed a fire storm of witticism back on. Theres nothing America First about taking the board of a kgb colonel over that of the american Intelligence Community, said arizona senator john mccain in a statement. Trump said he was an interesting and arguing over meddling, and instead wanted to get rusher to work with the u. S. From problems like north korea, syria and ukraine. The president taken to twitter to slam his critics saying what will all the haters and fools out there realize that having a Good Relationship with russia is a good thing, not a bad thing . In another tweet, the president actually took a swipe at the leader of north korea, kim jong un, who has repeatedly called the 71yearold commanderinchief old. The president tweeting why would kim jong un insult me by calling the old when i would never call him short and fat . The president added that he had been working hard to become his friend and despite the dustup, was holding up hope that that could still happen. Good luck with that. Chris kevin corke traveling with the president and the philippines, thank you. Now to the push by republicans to pass tax reform. Both chambers take up separate proposals this week that have big differences, while the house appears on track to pass its version, the process is just beginning in the senate. If the goal is to get on the same page and send a compromise to the president by christmas. Joining me now from texas, congressman kevin brady, chair of the house ways and Means Committee that passed its tax plan this week. Chairman, the biggest difference between the house and Senate Tax Plan seems to be over the question of deducting state and local taxes. Lets drill down on this, your bill lets people deduct 10,000 in property taxes on their federal returns. The senate plans kills all the deductions for state and local taxes and Senate Democratic leader Chuck Schumer says that if they eliminate those state and local taxes, it could cost republicans the house in 2018, here he is. I say to every one of my republican colleagues in the house who come from a suburban district, this bill could be your political doom. Chris chairman, youve got more than two dozen Republican Congressman from high tax states. Can you guarantee them because they are threatening to vote against an elimination of all the state and local tax deductions, can you guarantee them that the final bill they vote on will not include the total elimination in the senate plan . Chairman brady i can. Heres why. Because we want people to get more of what they arent regardless of where they live, including in these high tax states. Thats where we keep the Home Mortgage deduction and we keep the charitable deduction. We restore 10,000 of the property tax deduction, which is twice the national average, but we didnt stop there for these states. The way we set the income brackets, we created this new family tax credit that is eligible for families up to 230,000 of income, and we restored the state and local property tax. The combination of all of these gets the job done for these families. Chris how can you guarantee house members from blue states that the total elimination will not be in the final bill . Chairman brady im convinced that this is where we will end up because this is important, again, as i told her, make sure people keep more of what they earn, even in these high tax states. What we are working towards and what we work so carefully with, lawmakers from new york and california, new jersey, to make sure we deliver this relief, and im committed to it. Chris are you saying them at the house will not accept a total elimination, that that just wont fly even if the Senate Passes it . Chairman brady thats what im saying. Chris good, thank you. I want to go through some other big differences between the house and senate plans. They are technical but they are important, as you well know, to every individual taxpayer. All the people in business, your bill, the House Republican bill repeals the estate tax over six years and cuts the corporate rate to 20 right away. The senate plan delays that corporate rate got a year, and does not repeal the estate tax ever. But with the money that the senate plan saves, while you eliminate the deductions for medical expenses and student loans, the senate would allow people to keep taking those deductions. My question is, isnt the senate plan better for the middle class taxpayer then your plan is . Chairman brady i dont believe so, but heres the point. Ill everyone distressingly differences, there are some, but there are far more Common Ground. On the death tax, im just convinced this is the number one reason farms and businesses arent passed on to the next generation. Having washington swoop in and take almost half of what youve earned over your lifetime is just wrong, and getting rid of it creates 140,000 new american jobs because our local businesses arent hindered by it. So im convinced it needs to go, i also believe we delivered dramatic middle class tax relief all up and down that area, especially for suburbs and Rural Communities that i represent. Chris chairman brady, i want to show you two independent analyses that seem to contradict what you just said. The New York Times says under your plan, about onethird of middle class families will get a tax increase, not a tax cut, next year. In the bipartisan joint committee on taxation, this is bipartisan, as i say, it says that 8. 3 of all taxpayers will get a tax increase in 2019. In both cases, chairman brady, these analyses say that middleclass families under your plan, some of them, millions of them will get a tax increase, not a tax cut. Chairman brady here is where i strongly disagree. I believe there is tax relief all up and down income level for families, regardless of what they earn. Joint committee on taxation confirmed every income bracket sees a tax relief. As far as the New York Times analysis, they are describing an america that doesnt exist. One where the economy never grows, and one where your paycheck stay stagnant no matter what happens. We know thats not the real world, both from the john f. Kennedy proposed tax cuts and from the reagan tax cuts as well. When you get the tax code right, our local businesses can compete and win back anywhere in world. When washington takes less of what you earn, the economy does grow and paychecks to grow. I strongly disagree with analysis by the New York Times the New York Times. Chris would you agree and you are exactly right that in all of these analyses if you take each tax bracket there is a net tax cut, but would you agree that there are going to be a sizable number of middleclass families, families that for instance now get the state and local tax deductions, families that have big medical expenses they can deduct, families that are deducting the interest of student loans, that there are a lot of those families that could actually be losers in this bill . I dont. And heres why. We are both taxing less, we are eliminating a lot of these deductions so we can lower the tax rates for every american, but we are not just stopping there. We are talking about an economy that grows paychecks in a way that we havent seen for really almost two decades if you think about it. That is what helps families the most. They are keeping more of what they earn, their paychecks are finally growing, this economy is finally moving again. I strongly believe americans are far better off under tax reform than they ever would sticking with this old messed up, outdated tax code. Chris i want to turn to a different aspect of this. I talked with a number of top financial analysts this week, none of them said that having a tax cut a lot of them supported the idea of a tax cut, but none of them said that having a tax cut that will add one and a half trillion dollars to the National Debt, which is what your plan does, that that is good for the economy. Chairman brady i tell you what, i disagree here. During the obama administration, they would add wanted to have trillion dollars of deficit every year. That was to grow washington. We are talking about the same amount spread out over a decade to grow the economy and the grow jobs. This is a good investment and in fact if we just grow the economy slightly over the last decade, you would recoup the trillion dollars easily, and if we really get this economy moving, you recoup all of it, plus more. I will tell you the surest way to guarantee more deficits and more debt is stick with the current tax code, stick with the current economy. I guarantee it wont be a good ending. Its time to change and challenge the status quo in this tax code. Chris lets talk about the prospects for all of this, because that is the bottom line. President trump called into a meeting of Senate Democrats this week and he reportedly said this. He told them about the senate plan, you are going to like it. The senate plan, a whole lot more than a house plan. I dont have to remind you, because you lived through it, that after the house passed Obamacare Repeal and replace, the president later said that he thought the plan was a little bit mean. Arent you asking some of your members to take what is a tough political vote when the president may, in the end, after they both that and you pass it, walk away from the house plan and support the senate plan . Chairman brady i dont believe you will, and heres wh why. His regular conversations with me tell me he likes the direction we are going in a big way. We are writing towards that framework that the president , the house and senate came together on earlier this fall. He also likes the fact not only are we delivering middleclass tax relief, for the first time our local businesses are going to be able to compete and win anywhere in the world, and when they win, we will no longer tax them to bring their earnings back home to be reinvested in the United States of america, so i will just tell you i think we are making significant changes in this tax code in a real positive way and this is what the president backs. Chris how do you explain . What you make of the president sang the Senate Democrats, i think you will like the senate plan a lot more . Chairman brady i know thats the Senate Democrats description of the call. All i can tell you is my conversation by telephone with the president are extremely positive and so the house is going to take a major step, as it did this week in the ways and Means Committee for the first time in 31 euros to fix this messed up, broken tax code, and from there it goes to the senate. I have no doubt we will find Common Ground and work out the differences. Chris lets get to the bottom line, will the house pass your tax plan, or the tax plan by thanksgiving, as now scheduled, which is just 11 days away . Chairman brady i believe it will. I feel the strong support for this. We continue to make improvements every step of the way but i will tell you, our republicans in the house know that it is time to deliver on this economy and grow these paychecks by getting rid of this current tax code, thats exactly what we are going to do. By the way, the American People, they are starved. They are starved for a new tax code, one that is so simple and fair. Most americans will be able to file using a simple postcard style system. If they are eager for thats implicit in that fairness. Chris again, finally on that deadline, can you say that with 100 certainty, you will pass it before thanksgiving . Chairman brady thats our goal and thats what we schedule to do. At the end of the day what i want to do is deliver it to the president s desk by the end of the year. Not for republicans, but for the American People. Chris thank you, and we will track progress on tax reform in the house next week. Chairman brady thank you. Chris up next, disturbing allegations against roy moore, the Republican Senate candidate in alabama in the wake of democratic victories across the country on election day. We will talk with senator chris van hollen, head of the Democratic Senatorial Campaign committee, about his partys prospects to take back control of both the house and senate in 2018. [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. Our advisors can help you find both. Talk to one today and see why were bullish on the future. Yours. Talk to one today and see why were bullish on the future. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Did yon the National Debt . Ssman get elected by talking tough will they stay true to their words . Or did they promise you one thing. Only to do another . Right now, congress is talking about tax cuts that will add trillions to our National Debt and hurt our economy. Its time to tell congress. Dont borrow more money from china. And leave more debt to our kids. Keep your word. Tax cuts shouldnt add to the National Debt. Chris this week, allegations of Sexual Misconduct that date back decades surfaced against alabama Senate Candidate judge roy moore. Top republicans took pack endorsements and cut off fundraising after. Alabamas special election is on december 12 and with the g. O. P. Now holding a slim two vote majority in the senate, what happens in alabama could determine the fate of tax reform and the rest of the trump agenda. Joining us now, senator chris van hollen, chair of the Democratic Senatorial Campaign committee. Congressman roy moore has flatly denied any improper relationship with teenagers. Sean hannity asked him about some of the specifics on friday, here it is. Do you remember dating girls that young at that time . Not generally, no. But you dont specifically remember having any girlfriend that was in her late teens even in that time . I dont remember that, and i dont remember ever dating any girl without the permission of her mother. Chris senator, your reaction . Chairman van hollen chris, i think roy moore is unfit for office, but this is going to be a decision obviously for the people of alabama and the good news for the people of alabama is they have a clear alternative in doug jones, who grew up in alabama and became a prosecutor. He is focused on jobs, hes focused on increasing peoples wages. Hes focused on the things people in alabama care about and hes running a good campaign. Im not going to get into all these details because its the people of alabama who will decide, but those who have people like senator bill cassidy obviously withdrew their endorsements. The good news as i said as they have a great alternative in doug jones. Chris let me ask you, the polls have tightened considerably, what you think of the chances that the democratic candidate doug jones will actually win in the deep red state of alabama . And what about the notion that is being discussed with these new revelations the governor of alabama postponing, delaying the special election next month . Chairman van hollen chris, doug jones, again, is talking about all the issues that are important to people they are in the of alabama. His focus has been on economic issues, Kitchen Table issues. Look, we all know that alabama is a very tough state politically for democrats, but this is a special situation where we have a great candidate. O

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