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York from its bad decisions is what he told a group of reporters. >> i don't defend everything that new york has done. having said that we would be in a lot better position if we were treated the way south carolina was. we pay $48 billion every year to the federal government. more than we get back. we get 79 cents on the dollar. mulvaney's state gets far more than that. 70% more than we do. if we have the same balance of payments to the federal government as mulvaney does in south carolina we wouldn't have the problems we have. we've been subsidizing him and his constituents for years and usin...

Included in the end. >> see if they can get it done. mike emanuel is on capitol hill for us where there's a lot going on today and this week, mike. >> good afternoon. we expect plenty of fierce debate on tax reform on both sides of the u.s. capitol this afternoon. the house is expected to debate a procedural aspect of its plan ahead of a vote on the house floor tomorrow on the house tax reform package. one issue stressing out republicans from high tax states is the partial elimination of the state and local tax deduction. >> so far, no progress. most of the new york delegation is going to vote...

Of the state income tax deduction, plus the individual exemption and those tax exemptions, they have been there those tax deductions have been there since 1913. >> maria: right. i just wish they wouldn't call it the greatest american tax cut in history, when we know that so many people are actually getting a tax increase. now congressman, i asked treasury secretary steven mnuchin about this and i basically said what you just said that new york gives $48 billion more to the federal government than it gets back and new york is getting a tax increase. here is what he said listen to this. >> steve...

Who oun golf courses. if you build houses across from it you get a tax break worth $600 million if it's close. we know who is beneficiary of this. steve, why can't things like this get closed? >> you know, this is my frustration with this bill, frankly. you know, i think there's a lot of good things, but i wish the republicans would have been more aggressive in getting rid of these incredible loopholes that go to mostly rich people. i wrote a piece saying why can one of the richest men on the planet give $18 billion to his foundation and gene, that's money that was never taxed, not a dime of t...

He's raged about the, quote, rape of the u.s. economy and what he calls the theft of american jobs. how much of that is actually true and why does it matter? let's take a look at trade. this is the big deal. trade between china and u.s. is estimated to be worth $648 billion last year. that makes china our number one trading partner. so far this year, u.s. exports to china totaled $91 billion. that's a 15% increase from the same time last year. good, right? well, take a look at that. $91 billion. this is what china sells to the united states. $365 billion. that's four times what the united stat...