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Simply say until china relents on its policy on steel and give a set goal for the tariffs? >> look, again, the president's ultimate goal is to get free, fair and reciprocal trade. if china wants to come to the table and play ball and make some significant changes, then we would be open to those conversations. at this point, we haven't seen any indication of that taking place. one last question, blake. >> thank you. to end with trade, there was a study released today showing that this would be the president's proposal, a net loss of 146,000 jobs. have the white house studied how many jobs could...

Simply say until china relents on its policy on steel. and give a set goal tor the tariffs. >> the president's ultimate goal is to get free, fair and reciprocal trade and if china wants to come to the table and play ball and make some significant changes, then i think we'd be open to those kofgs. but at this point, we haven't seen an indication of that take place. one last question. blake. >> and to end with trade. there was a study released today showing that this would be a -- the proposal is a net loss of 146,000 jobs. has the white house studied how many jobs may be lost or created because...

Students here with me will raise boards to reveal our fundraising total because it's been a secret for all of us throughout this night. rachel: all right. let's do it. >> awesome. you guys belmont students, you ready? [cheers] >> 3, 2, 1. [cheers and applause] rachel: wow. $146,000. pete: joe, that is fantastic. i love it, you guys up all night. raising nearly $150,000 way to go. pat yourselves on the back. and, you know, joe, i just -- i don't even know if you can hear us you are partying so loud there i wish i was there right now actually. rachel: your parents will all be proud of you. look ...

Cut. in year one, $146,000 tax cut to the top 1%. for the top .1%, 747,000. how do they get to it being a middle class tax cut? >> i don't know. they're claiming this unified proposals they are saying all of this will be taken care of. i am highly skeptical of that. >> it is a $4,000 pay raise for middleclass families. is that true? >> not true. in the early years the rich get a bonanza, more than 5-1. something in the order of 8-1. the middle gets maybe 2%. and then over time, senate arld

Stephanie did, three basic problems here. one is the fact that it doesn't reduce taxes for the middle class as the administration proposes or argues. 30% of those making between 50 and 150 will end up paying more taxes. number two is -- >> such a deal. -- it goes to the top 1%. you're in the top 1% you're going to get just next year $146,000. a pretty good deal. >> how come people on the right think the way to incentivize the rich is to give them more money and they believe the way to incentivize middle class and poor people is to cut their programs. he's cutting health care and giving tax b...