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What you can do now. go live to iraq and live to afghanistan. it's incredible. but i told them our country is doing great and you folks are fighting so hard and working so hard and it is nice that you are working for something that is really starting to work. we've cut back so much on regulation and all the waste and all the abuse. and the stock market on friday hit the all-time high. the highest it's ever been ever. in your whole long life the stock market is the highest it's ever been. that means your 401ks and all the things you have even if you're in the military, you have a country that i...

Let's talk about tax reform. what a segue. >> i was feeling uncomfortable there. glad we're back to texas. >> it's right now, they have a bit of a challenge ahead of them, tax reform. it's not as easy? >> i tho talked to someone in the room dealing with all of this last night. he said, look, everybody is getting nervous at the white house, they're nervous on the hill. making kind of last minute adjustments worth millions and billions of dollars with members of their only party not only democrats are not in on the process, they feel the leadership has kind of tan it over. so the big tell on thi...

Winning and who's losing is the interplay between the corporate tax cut and the cuts in rates for middle class families. and essentially they're trying to preserve that 20% rate because they need -- for a variety of reasons. the president has drawn a line in the sand. you have conservative members who are saying we won't vote for this package if it doesn't lower rates for companies to least 20%. proponents say that is something that helps with economic growth. but the challenge is if you're going to cut rates for companies, are middle class families going to pay for it? and you've seen a marke...

Higher education benefits. that could, frankly, mean any number of things. charitable deductions will be preserved. and so will the home mortgage deduction, although interestingly, it will not be, it does not seem, for newly purchased homes that cost more than $500,000. so i would look for that to potentially cause some problems with members who come from areas where property costs and the cost of living is very high. new york, washington, d.c., as you know, $500,000 doesn't go quite as far as it does many other places in the country. they're learning that people will still be able to write of...

To make sure that social media outlets can be used in our democracy to communicate with our constituents. but one thing we don't want to have is those same outlets used by foreign governments to divide americans. >> we hear a lot not about looking back at 2016 but trying to protect future american elections and what can be done to shut down extremists online, jon. >> jon: mike emanuel from capitol hill. thanks. >> i think 401ks are important. we'll raise the amount that you can put in. the more that individuals can invest their own money, the better off in the long term. they have more capital...